Lot 39 - 26 South Market Street, Newport, NP20 2AX

  • Unconditional Online Auction Sale
  • Guide Price* : £92,000+
  • Bedrooms: 2

Lot 39 - House for Owner Occupation/Investment

Description

ONLINE AUCTION from 26th JULY-28th JULY

An opportunity to acquire a traditional mid terrace property close to Newport City Centre. The property has been let until recently and enjoyed excellent occupancy levels historically and should benefit from high demand in the future. The property benefits from Gas Central Heating (not tested) and offers potential to improve further.

The property is ideally situated for local amenities including Asda’s supermarket opposite and Newport City Centre is within walking distance. There are good Road links to the M4 motorway.

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 rhys@paulfoshlettings.com for invaluable advice.

VIRTUAL TOUR

Accommodation

Ground Floor: Entrance hall, lounge, kitchen
First Floor: Landing, 2 bedrooms, bathroom
Outside: Rear garden

Council Tax Band

A

Tenancies

To be sold with vacant possession but should let at approx. £775/800pcm

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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