Lot 14 - Lock Cottage, Bettws, Newport, Gwent, NP20 7AE

Description

Online Auction from 1st SEPTEMBER-3rd SEPTEMBER

A secluded refurbished cottage which sits adjacent to the Monmouthshire and Brecon canal.

The property provides a lounge, kitchen, dining room/bedroom 2, bedroom and bathroom. The gardens run on both sides and offer much privacy and scope to extend or re-erect a conservatory subject to the necessary planning consents. There is a gravel drive providing parking for approximately four vehicles.  There is double glazing/electric storage heaters (not tested).

The property is to be sold with vacant possession. 

The property could offer excellent holiday let investment due to its unique position along the canal side. It could also appeal to writers looking for a secluded retreat!   

We anticipate a rental of approximately £625pcm. 

Newport is a rapidly emerging desirable living destination, a city and county borough in Wales, situated on the River Usk close to its confluence with the Severn Estuary, 12 mi (19 km) northeast of Cardiff. Newport is the third-largest authority with city status in Wales and has seen extensive re-generation in recent years. Excellent rail and M4 transport links to Bristol, Cardiff and London.

Viewings: Whilst there is parking at the property (via a narrow pathway) viewers are advised to use the postcode NP20 7RB and park at the bottom of Mill Heath near the yellow salt box. With the field at the bottom of the road walk to a small lane on the left which runs alongside it and down to a canopy of trees. After approximately a 1 minute walk the cottage can be found on the left- hand side shortly after a small bridge.
WHAT3WORDS: happen.cafe.rise

Accommodation

Ground floor: Lounge, Kitchen, dining room/bedroom 2 - En-suite
First Floor: 1 bedroom, En-suite.
Outside: Rear lawned garden and patio with raised beds to front (hardstanding area where previous conservatory stood)

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 or email lettings@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.