Lot 49 - 2 Hood Road, Newport, NP19 9GZ

  • Unconditional Online Auction Sale
  • Guide Price* : £69,000+

Flat for Investment

Description

A good size three bedroom first floor flat which has been updated by the current owner. The property comprises fitted kitchen, bathroom, lounge and three bedrooms.

The flat is ideal for Buy to Let as it is currently rented at £600 per calendar month and benefits from gas central heating (not tested), double glazing and is situated a few minutes from Spytty Retail Park and the M4 (J24)

Accommodation

Ground Floor: Entrance hallway
FirstFloor : Lounge, kitchen, bathroom, 3 bedrooms

Tenancies

We are advised the property is let on an assured shorthold tenancy agreement at £600 pcm. Further details will be provided in the legal pack

Tenure

Advised Leasehold - 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 £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.

Bidding not yet open
Minimum Opening Bid

£64,000


Bidding Opens On
2nd Feb 2021 12:00
End Date

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Office Contact

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Paul Fosh Auctions, 01633 254 044
01633 254044

Documents

Legal Documents

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