Lot 53 - 8A & 8B Caerleon Road, Newport, NP19 7BU

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Lot 53 - 8A & 8B Caerleon Road, Newport, NP19 7BU

Addendum

Guide price reduction

Map view Bid now

Guide Price* : 88,000

  • Unconditional Online Auction Sale
  • 2 Bedrooms

Lot 53 - Residential Investment

Description

ONLINE AUCTION from 27th AUGUST-29th AUGUST

An opportunity to acquire two flats situated in an ideal location close to Newport city centre. The property benefits from UPVC double glazing, gas central heating (not tested) and offers generous accommodation. There is a good sized garden to flat one and the property has historically enjoyed good occupancy levels over the last few years with established tenants who are keen to remain long term.

VIRTUAL TOUR

Accommodation

Ground Floor: Flat 1: Entrance, lounge/dining room/kitchen, bedroom, bathroom. Ground floor entrance, stairs to
First Floor: Flat 2: Landing, lounge, kitchen, bedroom, bathroom
Outside: Spacious rear garden

Council Tax Band

A

Tenancies

Both flats are let at £425 per calendar month (£10,200 per annum)

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/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* : 88,000

  • Unconditional Online Auction Sale
  • 2 Bedrooms

Lot 53 - Residential Investment

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Paul Fosh Auctions

info@paulfoshauctions.com 01633 254044

Office Contact

Sean Roper

sean@paulfoshauctions.com 01633254044
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Lot 53 - 8A & 8B Caerleon Road, Newport, NP19 7BU

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