Lot 20 - 15 Govilon Place, Pontnewydd, Cwmbran, NP44 1AU
Guide Price* : £78,000 +
- Unconditional Online Auction Sale
- 3 Bedrooms
Property for Investment
Description
ONLINE AUCTION from 27th APRIL-29th APRIL
Situated in a popular location of Cwmbran this 3 bed mid terrace property is perfect for buy to let investment.
Currently rented to long term tenants at £480 per calendar month and with some improvement the property has the potential to achieve up to £625 pcm, depending on standard.
The property offers good sized living accommodation, comprising lounge, dining room, family bathroom and ground floor wc
The property is within walking distance of the Monmouthshire & Brecon Canal and is situated close to all local amenities with Cwmbran town centre and the train station only a few minutes drive away.
Accommodation
Ground Floor: Entrance hallway, lounge, dining room, kitchen, wc
First Floor: Landing, 3 bedrooms, bathroom
Outside: Garden
Tenancies
The current tenants are on a periodic tenancy and have been in occupation since 2014. We are advised that the tenants would like to continue the tenancy and rent payments are up to date and paid on time. Further details can be found within the legal pack. £480 pcm (£5,760 pa)
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* : £78,000 +
- Unconditional Online Auction Sale
- 3 Bedrooms
Property for Investment
Viewing
Paul Fosh Auctions
Office Contact
Gemma Vaughan
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.