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ONLINE AUCTION from 1st FEBRUARY-3rd FEBRUARY
An excellent opportunity to acquire a three storey 7 bedroom property recently refurbished to a modern standard, including central heating, radiators, windows and doors and previously let as a HMO.
The mid terrace property is situated on a busy high street with both residential and commercial properties. Excellent local amenities and within a short distance to the University and Royal Gwent Hospital. Excellent road links via the M4.
Rental incomes previously attained per month:
Ground floor Bedroom £250
First floor Bedroom £250
Bedroom £250
Bedroom £ 350
Second floor Bedroom £250
Bedroom £350
Bedroom £250
Previous Annual income approximately £23,400
Anticipated Annual income approximately £34,240
VIRTUAL TOUR
Ground Floor: Hallway with stairs to first floor, lounge, dining room/bedroom, kitchen, utility room, shower room
First Floor: Landing with staircase to 2nd floor, 3 bedrooms, shower room, cloakroom
Second Floor: Landing, 3 bedrooms
Outside: Courtyard
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
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.
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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