Waiting for video...
ONLINE AUCTION from 7th MARCH-9th MARCH
A mid terrace property arranged as two flats.
The property has enjoyed good occupancy levels and is arranged as two maisonettes currently let to tenants each paying £475 per calendar month.
The ground and lower ground floor offers a one bedroom flat with the first and top floors offering a studio style flat with attic room.
It is ideally situated for accessing Newport city centre with its range of shopping facilities, bars and restaurants. The train station is a short distance away as is the M4 (junction 26).
Ground Floor: Communal entrance
Ground Floor-Flat 1: Lounge, kitchen
Lower Ground Floor: Bedroom, shower room, storage
First Floor-Flat 2: kitchen, lounge/bedroom, bathroom
Second Floor: Attic room
Outside: Level garden area to rear
Flat 1 is let on AST at £420 pcm
Flat 2 is let on AST at £475 pcm
Advised Freehold - to be verified by solicitor
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.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.