Lot 41 - 1 Victoria Avenue, Newport, Gwent, NP19 8GF

  • Unconditional Online Auction Sale
  • Guide Price* : £139,000+

LOT 41 - House for Investment

Description

ONLINE AUCTION from 13th DECEMBER - 15th DECEMBER

A Grade ll listed terrace house attached to the Grade ll listed Art Deco designed Maindee swimming baths. The property provides lounge, dining room, kitchen, wc, bathroom and three bedrooms. Front and rear gardens with shed and door to leading to front. The property is to be sold with tenant in situ with a current rental of £700 pcm.

Maindee, is a large inner-city commercial and residential area in the city of Newport, South Wales. It lies on the eastern side of the River Usk. A large selection of shops are located on Chepstow Road, Corporation Road and Church Road. The former Maindee Pool is an Art Deco building and the disused, empty swimming pool has been used for location shots in the BBC TV series Being Human. There are good commuter links via Newport train station and the M4.

VIRTUAL TOUR

Accommodation

Ground Floor: Lounge, dining room, kitchen
First Floor: 3 bedrooms, wc, bathroom
Outside: Front and rear gardens, shed

Council Tax Band

C

Tenancies

To be sold with tenant in situ. The property is let at £700pcm (£8,400 pa)
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.

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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