House For Sale £295,000
For sale by online, unconditional auction on 02/09/2021 18:25
Guide Price: £295,000
Block of Flats for Investment
A substantial end of terrace building consisting of four self-contained flats. The property is located on the popular Chepstow Road in Newport, close the local amenities of Maindee. Newport city centre is approximately 1 mile to the south west and provides a much greater selection of shops and facilities, as well as public transport by bus and rail.
Each self-contained unit benefits from its own gas and electricity supply. The flats are ideal for access to Newport city centre and offer excellent road links to the M4 motorway via Junctions 24 and 26.
This is an ideal investment for those looking to advantage of Newport's buoyant rental market.
Accommodation
Flat 1 - Lower Ground Floor - entrance hallway, living room, kitchen, bathroom, bedroom, store-room (off-road parking and rear garden)
Flat 2 - Ground Floor - entrance hallway, living room, kitchen, shower-room
Flat 3 - 1st Floor - living room/bedroom, kitchen, shower-room
Flat 4 - 2nd Floor - entrance hallway, living room, kitchen, bedroom with en-suite
Tenancy Details
To be sold subject to the following tenancies:
Flat 1 - To be sold subject to an AST at £400pcm.
Flat 2 - To be sold subject to an AST at £400pcm.
Flat 3 - To be sold subject to an AST at £400pcm.
Flat 4 - To be sold subject to an AST at £400pcm.
Tenure
Tenure is advised Freehold - to be verified
Applicable Fees
Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.1% of the final sale price (subject to a minimum of £795).
Guide Price: £295,000
Block of Flats for Investment
A substantial end of terrace building consisting of four self-contained flats. The property is located on the popular Chepstow Road in Newport, close the local amenities of Maindee. Newport city centre is approximately 1 mile to the south west and provides a much greater selection of shops and facilities, as well as public transport by bus and rail.
Each self-contained unit benefits from its own gas and electricity supply. The flats are ideal for access to Newport city centre and offer excellent road links to the M4 motorway via Junctions 24 and 26.
This is an ideal investment for those looking to advantage of Newport's buoyant rental market.
Accommodation
Flat 1 - Lower Ground Floor - entrance hallway, living room, kitchen, bathroom, bedroom, store-room (off-road parking and rear garden)
Flat 2 - Ground Floor - entrance hallway, living room, kitchen, shower-room
Flat 3 - 1st Floor - living room/bedroom, kitchen, shower-room
Flat 4 - 2nd Floor - entrance hallway, living room, kitchen, bedroom with en-suite
Tenancy Details
To be sold subject to the following tenancies:
Flat 1 - To be sold subject to an AST at £400pcm.
Flat 2 - To be sold subject to an AST at £400pcm.
Flat 3 - To be sold subject to an AST at £400pcm.
Flat 4 - To be sold subject to an AST at £400pcm.
Tenure
Tenure is advised Freehold - to be verified
Applicable Fees
Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.1% of the final sale price (subject to a minimum of £795).
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