Lot 53 - Flat 38 Old Arts College, Clarence Place, Newport, NP19 0LY

  • Unconditional Online Auction Sale
  • Guide Price* : £82,000 +
  • Bedrooms: 1

Flat for Investment

Description

ONLINE AUCTION from 20th JULY-22nd JULY

A one bedroom flat situated on the first floor of a converted Grade II listed Arts College. The flat is located a short walk from Newport train station and within walking distance of Newport city centre.

The flat benefits from open plan living room, diner, kitchen, bathroom and double bedroom. Further benefits include double glazing, electric heating (not tested) and impressive communal entrance.

The property is ideally located and offers great road links to Cardiff and Bristol.

The property is currently let on a periodic AST at £550 per calendar month.

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Tenancies

Currently let on an periodic AST at £550 per calendar month.

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 £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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01633 254044

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