Lot 25 - 49 Forsythia Close, Risca, Newport, NP11 6PH
- Unconditional Online Auction Sale
- Guide Price* : £68,000+
- Bedrooms: 4
Waiting for video...
Lot 25 - House for Investment
Description
ONLINE AUCTION from 25th JULY - 25th JULY
A three/four bedroom house located in Risca, Newport.
The property is briefly comprised of a kitchen/dining room, living room, bathroom and three bedrooms. The property was previously a four bedroom property, however two of the bedrooms have been converted into one large room. Externally the property has front and rear gardens, with the rear being enclosed and having a patio area. The property does require modernising. Situated in Risca, Newport, the property benefits from being a short drive into the city centre, walking distance to the bus stop, close to local amenities and schools.
The property is currently tenanted and achieving a monthly rental of £525, however it is suggested that the current market value would be approximately £775 - £825 per month.
Please note that the current vendor served the tenants notice on the 30th of May.
Accommodation
Please Note: The property has not been inspected by Paul Fosh Auctions. We believe the property to comprise:
Ground Floor: Kitchen/dining room, living room, bathroom
First Floor: 3/4 bedrooms
Outside: Front and rear gardens
Council Tax Band
B
Tenancies
The current vendor served notice on the tenants on the 30th May 2023.
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.
Loading the bidding panel...
Viewing
Office Contact
Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
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.
Follow
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.