Lot 80 - 49 Fairoak Avenue, Newport, NP19 8FW
Guide Price* : £92,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
Lot 80 - Property for Investment
Description
ONLINE AUCTION from 11th APRIL-13th APRIL
A two bedroom end terrace property ideal for buy to let investment.
The property has enjoyed good occupancy levels for the current landlord and has previously achieved £600 pcm.
With some improvement the property could command a higher rent. Typically properties in good order can achieve in the region of £750 - £850 pcm.
The ground floor offers two receptions rooms and kitchen, to the first floor there are two bedrooms and a family bathroom. The rear of the property enjoys a sizeable garden.
Situated in a convenient location close to all local amenities and provides easy access to Newport City Centre and the M4.
Accommodation
Ground Floor: Entrance hallway, 2 reception rooms, kitchen
First Floor: 2 bedrooms, bathroom
Outside: Rear garden
Council Tax Band
B
Tenancies
To be sold with vacant possession
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 on 01633 746800 or email sarah@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* : £92,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
Lot 80 - 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.
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