Lot 18 - 13 Garages at Farmwood Close, Newport, NP19 9BP

  • Unconditional Online Auction Sale
  • Guide Price* : £85,000+
  • Bedrooms: 0

Investment Opportunity

Description

ONLINE AUCTION 23 JULY 2020

A block of 13 refurbished garages situated in a sought after location to the east side of Newport. The garages benefit from refitted roller shutter doors and are accessed via a lane to the rear of Farmwood Close.

Tenancies

The garages are all fully let at £60 pcm (per unit) £780 pcm - Total annual income £9,360

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 1.5% of the purchase price (subject to a minimum of £1,500) 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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Bidding History 38 Bids
User Amount Date
Bidder 3 £94,500 23/07/20 17:36:28
Bidder 5 23/07/20 17:36:28
Bidder 3 £94,250 23/07/20 17:36:10
Bidder 5 £94,000 23/07/20 17:35:58
Bidder 3 £93,750 23/07/20 17:35:47
Bidder 5 £93,500 23/07/20 17:35:45
Bidder 2 £93,250 23/07/20 17:35:34
Bidder 3 23/07/20 17:35:34
Bidder 2 23/07/20 17:35:34
Bidder 3 £92,750 23/07/20 17:35:28
Bidder 5 £92,500 23/07/20 17:35:17
Bidder 3 £92,250 23/07/20 17:35:02
Bidder 5 £92,000 23/07/20 17:34:09
Bidder 2 £91,750 23/07/20 17:33:28
Bidder 5 £91,500 23/07/20 17:32:45
Bidder 4 £91,250 23/07/20 17:31:06
Bidder 2 £91,000 23/07/20 17:31:03
Bidder 4 23/07/20 17:31:03
Bidder 2 £90,750 23/07/20 17:31:00
Bidder 4 £90,500 23/07/20 17:28:59
Bidder 2 £90,250 23/07/20 17:28:55
Bidder 4 £90,000 23/07/20 17:28:42
Bidder 1 £89,750 23/07/20 17:28:39
Bidder 4 £89,250 23/07/20 17:28:31
Bidder 1 £89,000 23/07/20 17:27:43
Bidder 4 £88,750 23/07/20 17:27:12
Bidder 1 £88,500 23/07/20 17:24:58
Bidder 4 £88,250 23/07/20 17:22:18
Bidder 1 £88,000 23/07/20 17:09:06
Bidder 2 £87,000 23/07/20 16:48:57
Bidder 1 £86,500 23/07/20 16:21:07
Bidder 3 £86,000 23/07/20 16:04:04
Bidder 2 £85,000 23/07/20 15:59:51
Bidder 3 £84,000 23/07/20 14:56:37
Bidder 2 £83,000 23/07/20 14:17:57
Bidder 1 £82,000 23/07/20 09:25:29
Bidder 2 £81,000 23/07/20 08:21:25
Bidder 1 £80,000 22/07/20 19:22:06

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Paul Fosh Auctions
01633 254044

Office Contact

Sean Roper

Documents

Auction Finance

As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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