Lot 15 - Freehold at 240 Malpas Road, Newport, NP20 6GP

  • Unconditional Online Auction Sale
  • Guide Price* : £950+

Freehold Ground Rent Investment

Description

ONLINE AUCTION from 27th APRIL-29th APRIL

A freehold ground rent investment secured on a semi detached house. The property is located on Malpas Road which is on the north side of Newport. Malpas Road is situated in a primarily residential area, and located within close proximity to the M4.

Tenancies

Lease details are 999 years from 24th June 1934

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 £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, 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.

Bidding not yet open
Minimum Opening Bid

£100


Bidding Opens On
27th Apr 2021 12:00
End Date

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