Lot 22 - 20 High Street/ 3 Vine Street, Abercarn, Newport, NP11 5GQ

  • Unconditional Online Auction Sale
  • Guide Price* : £65,000+
  • Bedrooms: 2

Addendum

New guide price of £65,000+

Residential Investment Opportunity

Description

An opportunity to purchase a ground floor and first floor flat with the freehold. The property is situated within a popular residential area of Abercarn with nearby amenities and excellent road links to the M4 motorway (via A467).

The flats are in good order throughout and benefit from gas central heating (not tested) and double glazing. This would be an ideal purchase for buy to let investors with both flats currently occupied.

Download the legal documents for this property.

Viewing Schedule

Date Time
Fri 06 Mar - Thurs 12 Mar - Weds 18 Mar 09.45

Accommodation

Floor Description Rent
Ground Floor - 20 High Street Living room, kitchen, 2 bedrooms, shower room Let on an AST at £350 pcm (£4,200 pa).
First Floor - 3 Vine Street Entrance hallway, kitchen, bathroom, living room, 2 bedrooms Let on an AST at £335 pcm (£4,020 pa).
Total £8,220 pa

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £975) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Paul Fosh Auctions
01633 254044

Office Contact

Documents

Auction Finance

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