Lot 58 - 9 & 9a Junction Road, Newport, NP19 7EZ
- Unconditional Online Auction Sale
- Guide Price* : £117,000+
- Bedrooms: 3
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House and Studio Apartment for Investment
Description
ONLINE AUCTION from 1st FEBRUARY-3rd FEBRUARY
Situated in a popular residential area of Newport this three bedroom house with a studio annexe apartment, offers an excellent investment opportunity, being sold with sitting tenants. The house provides open plan lounge and kitchen, bathroom and three bedrooms. The studio annexe apartment, with its own private front entrance, offers bedroom/lounge, kitchen, shower room and hallway with small courtyard area.
The local area offers shopping, schools and excellent commuter links via the M4. The town centre is approximately 1.5 miles away with its train station, leisure activities and the Friars walk complex with cinema and restaurants.
INVESTORS: : If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email adrian@paulfoshlettings.com for invaluable advice.
VIRTUAL TOUR
Accommodation
9 Junction Road (House):
Ground Floor: Hallway with under stairs plumbing for washing machine, open plan kitchen and lounge
First Floor: 3 bedrooms, bathroom
9a Junction Road (studio annexe apartment):
Ground Floor: Hallway, lounge/bedroom, kitchen, shower room
Outside: Courtyard area
Tenancies
To be sold with sitting tenants.
The rents currently achieved are:
9 Junction Road (house) £600 pcm
9a Junction Road (studio apartment) £380 pcm
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/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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Related Documents
Auction Finance
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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