Lot 77 - 525 Chepstow Road, Newport, Gwent, NP19 9BJ

Description

An exciting opportunity to acquire a versatile 2/3 bedroom bungalow occupying an elevated position in a popular area of Newport.

The property offers well proportioned accommodation with a modern open plan fitted kitchen, lounge with either an additional bedroom or reception room, family bathroom and front and rear gardens

A particular feature is the elevated rear garden, enjoying pleasant views and incorporating a summer house with bi-fold doors, together with a decked seating area.

The vendor advises that the property benefits from fire doors installed with HMO use in mind, while the accommodation has also previously proved successful as Airbnb/short term holiday accommodation, subject of course to any necessary permissions, consents and licensing requirements.

Benefits include double glazing and gas central heating provided by a combination boiler (untested)

Situated on Chepstow Road, the property benefits from convenient access to Newport's surrounding road network, the A48 Southern Distributor Road and M4 Junction 24 providing links towards Cardiff, Bristol and the wider South Wales motorway network. Newport city centre and a range of local amenities, shops and transport links are also readily accessible.

Accommodation

Ground Floor: Entrance Hallway, Open plan lounge Kitchen, Reception room/Bedroom 3, Bathroom, Two Bedrooms
Outside: Elevated front and rear gardens, Summer house to rear with decked area

Council Tax Band

C

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.