Lot 80 - 49 Fairoak Avenue, Newport, NP19 8FW

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

Lot 80 - Property for Investment

Description

ONLINE AUCTION from 11th APRIL-13th APRIL

A two bedroom end terrace property ideal for buy to let investment.

The property has enjoyed good occupancy levels for the current landlord and has previously achieved £600 pcm.

With some improvement the property could command a higher rent. Typically properties in good order can achieve in the region of £750 - £850 pcm.

The ground floor offers two receptions rooms and kitchen, to the first floor there are two bedrooms and a family bathroom. The rear of the property enjoys a sizeable garden.

Situated in a convenient location close to all local amenities and provides easy access to Newport City Centre and the M4.

Accommodation

Ground Floor: Entrance hallway, 2 reception rooms, kitchen
First Floor: 2 bedrooms, bathroom
Outside: Rear garden

Council Tax Band

B

Tenancies

To be sold with vacant possession
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 on 01633 746800 or email sarah@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 1.5% of the purchase price (subject to a minimum of £1,500) 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.

A problem with your internet connection has been detected.
We'll reconnect you as soon as we can.

Bidding History 20 Bids
User Amount Date
Bidder 4 £115,000 13/04/23 19:07:49
Bidder 6 £114,000 13/04/23 19:07:43
Bidder 4 £113,000 13/04/23 19:07:22
Bidder 6 £112,000 13/04/23 19:07:12
Bidder 4 13/04/23 19:07:12
Bidder 6 £111,000 13/04/23 19:07:08
Bidder 4 £110,000 13/04/23 19:06:13
Bidder 5 £109,000 13/04/23 19:06:04
Bidder 4 £108,000 13/04/23 18:54:32
Bidder 3 £107,000 13/04/23 18:53:16
Bidder 4 £106,000 13/04/23 18:52:00
Bidder 3 £105,000 13/04/23 18:50:29
Bidder 5 £104,000 13/04/23 18:50:15
Bidder 3 £103,000 13/04/23 18:49:31
Bidder 4 £102,000 13/04/23 18:46:17
Bidder 3 £101,000 13/04/23 18:46:04
Bidder 4 13/04/23 18:46:04
Bidder 3 £100,000 13/04/23 15:20:33
Bidder 2 £90,000 13/04/23 10:00:39
Bidder 1 £88,000 12/04/23 22:25:24

Viewing Information

Booking is required.
In the event of cancellation or amendment, we may contact you with updates. If you do not register but you travel to a viewing, you do so at your own risk.

Viewing

Paul Fosh Auctions
01633 254044

Office Contact

Gemma Vaughan

Documents

Related Documents

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.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

Follow