Lot 19 - Flat 7 Glanmor Court, Glanmor Crescent, Newport, Gwent, NP19 8AX

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Lot 19 - Flat 7 Glanmor Court, Glanmor Crescent, Newport, Gwent, NP19 8AX

Addendum

Reserve reduced

Guide Price* : £78,000 +

  • Unconditional Online Auction Sale
  • 1 Bedroom

Lot 19 - Flat for Investment

Description

ONLINE AUCTION from 7th NOVEMBER -9th NOVEMBER

A spacious first floor flat benefitting from parking and far reaching views. The flat provides lounge, kitchen, bathroom and bedroom. The property is to be sold with tenant in situ who would very much like to stay. The current rental is £595 pcm.

Newport is a rapidly emerging desirable living destination, a city and county borough in South Wales, situated on the River Usk close to its confluence with the Severn Estuary, 12 mi (19 km) northeast of Cardiff. Newport is the third-largest authority with city status in Wales and has seen extensive re-generation in recent years. Excellent rail and M4 transport links to Bristol, Cardiff and London.

Virtual Tour:

Accommodation

First Floor: Lounge, kitchen, 1 bedroom, bathroom
Outside: Communal garden area, communal parking area

Council Tax Band

B

Tenancies

To be sold with tenant in situ - the property is let at £595 pcm (£7,140 p/a)

Investors: 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 sarah@paulfoshlettings.com for invaluable advice.

Tenure

Advised Leasehold - To be verified by a solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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.

Guide Price* : £78,000 +

  • Unconditional Online Auction Sale
  • 1 Bedroom

Lot 19 - Flat for Investment

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Lot 19 - Flat 7 Glanmor Court, Glanmor Crescent, Newport, Gwent, NP19 8AX

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