Lot 61 - 103 Alexandra Road, Newport, NP20 2JG
Guide Price* : £375,000+
- Unconditional Online Auction Sale
Lot 61 - Residential Investment
Description
ONLINE AUCTION from 7th OCTOBER - 9th OCTOBER 2025
A substantial freehold building comprising 10 flats. The property has been upgraded and well maintained and managed and is sold with a number of well established tenants. The property is situated to the southern end of Alexandra Road, close to the A48 southern distributor road offering easy access to the M4 both east and west.
The property has both gas or electric heating in various units and is UPVC double glazed and benefits from a rear car park/communal yard.
VIRTUAL TOUR
Accommodation
The property comprises:
4 x 1 bedrooms apartments
1 x 2 bedroom apartments
5 x rooms/studio units
Outside:
Carpark/Communal yard area
Accommodation
| Tenant | Rent |
|---|---|
| Self Contained Flat | £540 pcm |
| Self Contained Flat | £700 pcm |
| Self Contained Flat | £720 pcm |
| Bedsit | £625 pcm |
| Studio Bedsit | £725 pcm |
| Self Contained Flat | £825 pcm |
| Room | £550 pcm |
| Room | £450 pcm |
| Bedsit | £540 pcm |
| Bedsit | £650 pcm |
| Total monthly income | £6,325 |
| Total annual income £75,900 |
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* : £375,000+
- Unconditional Online Auction Sale
Lot 61 - Residential Investment
Viewing
Paul Fosh Auctions
Office Contact
Sean Roper
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.
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.