Lot 46 - 50 Alexandra Road, Newport, Gwent, NP20 2JF

Bid now
Image 1 of 85
Image 2 of 85
Image 3 of 85
Image 4 of 85
Image 5 of 85
Image 6 of 85
Image 7 of 85
Image 8 of 85
Image 9 of 85
Image 10 of 85
Image 11 of 85
Image 12 of 85
Image 13 of 85
Image 14 of 85
Image 15 of 85
Image 16 of 85
Image 17 of 85
Image 18 of 85
Image 19 of 85
Image 20 of 85
Image 21 of 85
Image 22 of 85
Image 23 of 85
Image 24 of 85
Image 25 of 85
Image 26 of 85
Image 27 of 85
Image 28 of 85
Image 29 of 85
Image 30 of 85
Image 31 of 85
Image 32 of 85
Image 33 of 85
Image 34 of 85
Image 35 of 85
Image 36 of 85
Image 37 of 85
Image 38 of 85
Image 39 of 85
Image 40 of 85
Image 41 of 85
Image 42 of 85
Image 43 of 85
Image 44 of 85
Image 45 of 85
Image 46 of 85
Image 47 of 85
Image 48 of 85
Image 49 of 85
Image 50 of 85
Image 51 of 85
Image 52 of 85
Image 53 of 85
Image 54 of 85
Image 55 of 85
Image 56 of 85
Image 57 of 85
Image 58 of 85
Image 59 of 85
Image 60 of 85
Image 61 of 85
Image 62 of 85
Image 63 of 85
Image 64 of 85
Image 65 of 85
Image 66 of 85
Image 67 of 85
Image 68 of 85
Image 69 of 85
Image 70 of 85
Image 71 of 85
Image 72 of 85
Image 73 of 85
Image 74 of 85
Image 75 of 85
Image 76 of 85
Image 77 of 85
Image 78 of 85
Image 79 of 85
Image 80 of 85
Image 81 of 85
Image 82 of 85
Image 83 of 85
Image 84 of 85
Image 85 of 85

Lot 46 - 50 Alexandra Road, Newport, Gwent, NP20 2JF

Addendum

Sold Prior

Map view Bid now

Guide Price* : £351,000 +

  • Unconditional Online Auction Sale
  • 9 Bedrooms

Lot 46 - Block of Flats for Investment

Description

ONLINE AUCTION from 8th - 10th November

An excellent opportunity to purchase a substantial block of nine self contained flats. 6 x 1 bedrooms self contained flats and 3 x 1/2 bedroom self contained flats. On each floor there is 2 x 1 bedroom flats and 1 x 1/2 bedroom flats, all with gas central heating. There are 2 small courtyard areas. Each flat to be sold with tenant in situ with a total rental income of £42,000 per annum, with potential for rent increases on every flat. The area of Pill provides a good selection of shops and cafes whilst the main town of Newport with its railway station is a short distance away as is the Royal Gwent Hospital. There are excellent commuter links via the M4

Newport (Welsh: Casnewydd) is a city and county borough in Wales, situated on the River Usk, 12 miles (19 kilometres) northeast of Cardiff. Newport is the third-largest city in Wales. Newport has been a port since medieval times when the first Newport Castle was built by the Normans. Latterly its economy is bolstered as part of the M4 corridor high-technology cluster. It was granted city status in 2002. Newport hosted the Ryder Cup in 2010 and was the venue for the 2014 NATO summit. It contains extensive rural areas surrounding the built-up core. Its villages are of considerable archaeological importance.

Virtual Tour

Accommodation

Ground Floor:
2 x one bedroom flats each with lounge, kitchen and bathroom, 1 x 1/2 bedroom flat with lounge, kitchen and bathroom
Communal hallway

First Floor:
2 x one bedroom flats each with lounge, kitchen and bathroom, 1 x 1/2 bedroom flat with lounge, kitchen and bathroom

Second Floor:
2 x one bedroom flats each with lounge, kitchen and bathroom, 1 x 1/2 bedroom flat with lounge, kitchen and bathroom

Outside:
Two small courtyard areas

Council Tax Band

A

Tenancies

The 9 flats are let on assured shorthold tenancies at £42,000 pa

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 rhys@paulfoshlettings.com for invaluable advice.

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* : £351,000 +

  • Unconditional Online Auction Sale
  • 9 Bedrooms

Lot 46 - Block of Flats for Investment

Loading the bidding panel...

Want Auction updates? Sign up here

Viewing

Paul Fosh Auctions

info@paulfoshauctions.com 01633 254044

Office Contact

Angie Davey

angie@paulfoshauctions.com
Logo

Documents

Lot 46 - 50 Alexandra Road, Newport, Gwent, NP20 2JF

Follow