ONLINE AUCTION from 8th DECEMBER - 10th DECEMBER
An opportunity to acquire, 2 x two bedroom self-contained flats situated in a popular location.
The property is ideally situated for Newport city centre and the M4 motorway. The flats have benefitted from previous upgrading to include UPVC double glazing, gas central heating (not tested) and have refitted kitchen with appliances and refitted bathroom suites. The properties are both let to established tenants who have expressed a willingness to remain.
Ground Floor (202a) Ground floor entrance, lounge, kitchen, 2 bedrooms, bathroom
First Floor (202b) Lounge, kitchen, 2 bedrooms, bathroom
Outside: Rear garden
202a is let at £500 per calendar month
202b is let at £500 per calendar month
Total annual income £12,000
Advised Freehold - to be verified by solicitor
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 £750) 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. Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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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