LOT
22
Withdrawn
An interesting opportunity to acquire a freehold Victorian terraced house, currently arranged as two self contained two bedroom flats, with the ground floor flat having the benefit of a rear garden, being conveniently situated for the facilities and amenities of the rapidly developing Newport. The ground floor is currently let and generating an income of £500 pcm/£6,000 pae, with the first floor flat currently vacant and ready to let. The property is likely to appeal to residential lettings investors, those seeking a post works break up and resale venture, or for multi-generation occupancy.
Corporation Road is situated in close proximity of Newport city centre, offering an excellent range of shopping and leisure facilities and Newport railway station. Having easy access to Junctions 25-27 of the M4, providing commuter links to Cardiff in the south west and Bristol in the South East.
Communal entrance hall.
Communal entrance hall.
Sitting room, bedroom, kitchen/diner and bathroom.
Sitting room, kitchen/diner, bedroom and bathroom.
Walled frontage and enclosed rear garden.
GFF Energy Efficiency Rating - TBC
TFF Energy Efficiency Rating - E
Wendy Alexander
Strictly by appointment only with Taylors Roath 02920 486631. General enquiries Countrywide Property Auctions 01395 275691.
We are informed by the vendor that the current rental value is around £600 pcm per flat.
GUIDE PRICES & RESERVE PRICES
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
217 Corporation Road, Newport, Gwent NP19 0EB
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An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.
You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).
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