Lot 81 - Flat, 205 Caerleon Road, Newport, NP19 7HA

  • Unconditional Online Auction Sale
  • Guide Price* : £72,000+
  • Bedrooms: 2

House for Owner Occupation/Investment

Description

ONLINE AUCTION from 7th DECEMBER-9th DECEMBER

A refurbished two bedroom, first floor flat situated above a take-away shop in the increasingly popular Caerleon Road, Newport. Access is at the rear of the property and there is a balcony at the front with access currently from the bedroom window. The current owner has installed double glazing and an electric water pump. The lease has also been renewed for 999 years (awaiting confirmation). The property is being sold with vacant possession.

Caerleon road provides excellent shopping and take-way facilities and is within a short distance of local schools, the town centre, train station and M4 motorway.

The property was previously rented out at £650 per month.

Please note: The property is accessed at the rear which can be found behind the spar shop.

VIRTUAL TOUR

Accommodation

First Floor: Lounge, kitchen, 2 bedrooms, bathroom
Outside: Small balcony to the front of the property

Tenancies

To be sold with vacant possession

Tenure

Advised Leasehold - to be verified by solicitor
999 years remaining

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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