Lot 27 - Deer Park House, Deer Park Lane, Bassaleg, Newport, NP10 8ZU

  • Unconditional Online Auction Sale
  • Guide Price* : £400,000+

Detached Residence With Grounds

Description

ONLINE AUCTION from 20th JULY-22nd JULY

An opportunity to acquire a substantial detached residence set in approximately 1.12 acres (0.45ha) and also benefits from 2 double block garages. The property and the garages require full renovation but offer huge potential for either refurbishment as one large family dwelling or conversion to flats (subject to necessary planning consents).

The property is situated within the desirable Redrow Carnegie Court on the western side of Newport in Bassaleg and within close proximity for access to the M4 motorway and Newport city centre.

The house is understood to be the former Park Lodge and Kennels of Tredegar Park and was occupied until a few years ago before becoming vacant during the redevelopment of the surrounding land. The accommodation comprises 4 double bedrooms, 2 further loft rooms, three reception rooms and offers the potential for a unique redevelopment project in a sought after and accessible location.

VIRTUAL TOUR

Accommodation

Ground Floor: Hallway, kitchen, utility room, lounge, study, dining room, shower room
First Floor: Landing, master bedroom with en-suite shower room, 3 further bedrooms, family bathroom
Second Floor: 2 loft rooms
Outside:: Substantial mature grounds extending to approximately 1.12 acres with two detached double garage buildings and a log store

Tenancies

To be sold with vacant possession

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. 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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Sold for £531,000

This auction is now closed.

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Sean Roper

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Paul Fosh Auctions
01633 254044

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