Lot 20 - 15 Govilon Place, Pontnewydd, Cwmbran, NP44 1AU

  • Unconditional Online Auction Sale
  • Guide Price* : £78,000 +
  • Bedrooms: 3

Property for Investment

Description

ONLINE AUCTION from 27th APRIL-29th APRIL

Situated in a popular location of Cwmbran this 3 bed mid terrace property is perfect for buy to let investment.

Currently rented to long term tenants at £480 per calendar month and with some improvement the property has the potential to achieve up to £625 pcm, depending on standard.

The property offers good sized living accommodation, comprising lounge, dining room, family bathroom and ground floor wc

The property is within walking distance of the Monmouthshire & Brecon Canal and is situated close to all local amenities with Cwmbran town centre and the train station only a few minutes drive away.

Accommodation

Ground Floor: Entrance hallway, lounge, dining room, kitchen, wc
First Floor: Landing, 3 bedrooms, bathroom
Outside: Garden

Tenancies

The current tenants are on a periodic tenancy and have been in occupation since 2014. We are advised that the tenants would like to continue the tenancy and rent payments are up to date and paid on time. Further details can be found within the legal pack. £480 pcm (£5,760 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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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.

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