Lot 15 - 94 Gladstone Street, Cross Keys, Newport, NP11 7PN

Bid now
Image 1 of 38
Image 2 of 38
Image 3 of 38
Image 4 of 38
Image 5 of 38
Image 6 of 38
Image 7 of 38
Image 8 of 38
Image 9 of 38
Image 10 of 38
Image 11 of 38
Image 12 of 38
Image 13 of 38
Image 14 of 38
Image 15 of 38
Image 16 of 38
Image 17 of 38
Image 18 of 38
Image 19 of 38
Image 20 of 38
Image 21 of 38
Image 22 of 38
Image 23 of 38
Image 24 of 38
Image 25 of 38
Image 26 of 38
Image 27 of 38
Image 28 of 38
Image 29 of 38
Image 30 of 38
Image 31 of 38
Image 32 of 38
Image 33 of 38
Image 34 of 38
Image 35 of 38
Image 36 of 38
Image 37 of 38
Image 38 of 38

Lot 15 - 94 Gladstone Street, Cross Keys, Newport, NP11 7PN

Map view Bid now

Guide Price* : £145,000+

  • Unconditional Online Auction Sale
  • 6 Bedrooms

HMO Investment Opportunity

Description

ONLINE AUCTION from 20th JULY-22nd JULY

This former six bed HMO is located in Crosskeys, Newport.

Approximately a 10 minute walk to Crosskeys train station, a 15 minute drive to Newport and 30 minute drive to Cardiff, this property is an ideal location for commuters.

The property is comprised over four floors, and contains six bedrooms, two kitchens and two bathrooms. We have been advised that the property is HMO compliant and contains the relevant fire system.

With an approximate rental income of £1,980 pcm (£330 per room), based on the guide price this property would generate an annual yield of 15.6%, ideal for any investors.

VIRTUAL TOUR/b>

Accommodation

Ground Floor: 2 bedrooms
Lower Ground Floor: Kitchen, bedroom, bathroom, storage cupboard
First Floor: 2 bedrooms, kitchen, bathroom
Second Floor: 2 bedrooms
Outside: Rear garden

Tenancies

To be sold with vacant possession

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* : £145,000+

  • Unconditional Online Auction Sale
  • 6 Bedrooms

HMO Investment Opportunity

Loading the bidding panel...

Want Auction updates? Sign up here

Viewing

Paul Fosh Auctions

info@paulfoshauctions.com 01633 254044

Office Contact

Debra Bisley

debra@paulfoshauctions.com
Logo

Documents

Lot 15 - 94 Gladstone Street, Cross Keys, Newport, NP11 7PN

Follow