Lot 40 - 6 Brynglas Avenue, Newport, Gwent, NP20 5LR

  • Unconditional Online Auction Sale
  • Guide Price* : £124,000 +

Property for investment

Description

ONLINE AUCTION from 1st FEBRUARY-3rd FEBRUARY

A three bed double bay fronted mid terrace property comprising two reception rooms, kitchen and utility area. To the first floor there are three bedrooms and a family bathroom.

The property is ideal for investment purposes and is currently let at £625.00pcm, however the rental potential is around £695pcm.

The property is located only a short distance to Newport City Centre offering a wide range of amenities and the M4.

We have been advised there is 870 years left remaing on the lease and an option to buy the freehold is avaiable, details will be within the legal pack. Potential buyers should make there own enquiries

VIRTUAL TOUR

Accommodation

Ground Floor: Lounge, dining room, kitchen, utility
First Floor: 3 bedrooms, bathroom
Outside: Rear garden

Tenancies

The property is let on AST.

Tenure

Advised Leasehold - 999 years from 1893 - further details can be found in the legal pack

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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Office Contact

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Paul Fosh Auctions
01633 254044

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