Lot 51 - 430 Herbert Walk, Newport, NP20 2HW

  • Unconditional Online Auction Sale
  • Guide Price* : £59,000+
  • Bedrooms: 2

Flat for Investment

Description

ONLINE AUCTION from 8th MARCH-10th MARCH

A first floor flat, with its own front entrance, situated in a cul de sac with communal parking. The property provides spacious accommodation including lounge, 2 bedrooms, bathroom and cloakroom, kitchen/diner and balcony. Sold with sitting tenant the current rent is £400 per month though in the current market we estimate an approximate rental of £500 could be achieved.

Situated close to the Royal Gwent Hospital and Newport town centre. Excellent commuter links via the M4.

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

Ground Floor: Private entrance, hallway with staircase to first floor
First Floor: Lounge, kitchen/dining area with access onto balcony, 2 bedrooms, bathroom, cloakroom
Outside: Balcony, communal parking area

Tenancies

To be sold with sitting tenant

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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