Lot 58 - 9 & 9a Junction Road, Newport, NP19 7EZ

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Lot 58 - 9 & 9a Junction Road, Newport, NP19 7EZ

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Guide Price* : £117,000+

  • Unconditional Online Auction Sale
  • 3 Bedrooms

House and Studio Apartment for Investment

Description

ONLINE AUCTION from 1st FEBRUARY-3rd FEBRUARY

Situated in a popular residential area of Newport this three bedroom house with a studio annexe apartment, offers an excellent investment opportunity, being sold with sitting tenants. The house provides open plan lounge and kitchen, bathroom and three bedrooms. The studio annexe apartment, with its own private front entrance, offers bedroom/lounge, kitchen, shower room and hallway with small courtyard area.

The local area offers shopping, schools and excellent commuter links via the M4. The town centre is approximately 1.5 miles away with its train station, leisure activities and the Friars walk complex with cinema and restaurants.

INVESTORS: : If 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 adrian@paulfoshlettings.com for invaluable advice.

VIRTUAL TOUR

Accommodation

9 Junction Road (House):
Ground Floor: Hallway with under stairs plumbing for washing machine, open plan kitchen and lounge
First Floor: 3 bedrooms, bathroom

9a Junction Road (studio annexe apartment):
Ground Floor: Hallway, lounge/bedroom, kitchen, shower room
Outside: Courtyard area

Tenancies

To be sold with sitting tenants.
The rents currently achieved are:
9 Junction Road (house) £600 pcm
9a Junction Road (studio apartment) £380 pcm

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* : £117,000+

  • Unconditional Online Auction Sale
  • 3 Bedrooms

House and Studio Apartment for Investment

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Paul Fosh Auctions

info@paulfoshauctions.com 01633 254044

Office Contact

Angie Davey

angie@paulfoshauctions.com
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Documents

Lot 58 - 9 & 9a Junction Road, Newport, NP19 7EZ

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