Lot 65 - 55 Forge Close, Caerleon, Newport, NP18 3PX
- Unconditional Online Auction Sale
- Guide Price* : £68,000+
- Bedrooms: 2
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Addendum
This property has been postponed.
House for Owner Occupation/Investment
Description
ONLINE AUCTION from 8th MARCH-10th MARCH
Situated in Caerleon this end of terrace property sits in a small cul de sac and requires renovation. The property offers kitchen, lounge, two bedrooms and shower room along with rear garden (overgrown) and parking space to the front of the property. The property, once renovated, would make an ideal investment with an achievable rental income of approximately £675 - £695 per calendar month. Excellent commuter links via the M4 motorway and Newport train station.
Caerleon is a town in Newport, South Wales. Situated on the River Usk it lies 5 miles (8 km) northeast of Newport city centre, and 5.5 miles (9 km) southeast of Cwmbran. Caerleon is of archaeological importance, being the site of a notable Roman legionary fortress, Isca Augusta, and an Iron Age hillfort. Close to the remains of Isca Augusta are the National Roman Legion Museum and the Roman Baths Museum. The town also has strong historical and literary associations: Geoffrey of Monmouth elevated the significance of Caerleon as a major centre of British history in his Historia Regum Britanniae (c. 1136), and Alfred Lord Tennyson wrote Idylls of the King (1859–1885) while staying in Caerleon.
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.
Accommodation
Ground Floor: Lounge, kitchen
First Floor: 2 bedrooms, shower room
Outside: Front and rear gardens, parking space
Tenancies
To be sold with vacant possession
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
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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