House For Sale £225,000
For sale by online, unconditional auction on 27/10/2021 19:00
Guide Price: £225,000+
Investment Opportunity
A substantial, end of terrace, freehold building located in the very popular location of Caerleon Road in Newport. The property is currently arranged as two, very generous three bedroom apartments. Each apartment benefits from gas central heating via combination boilers (not tested) and double glazed windows throughout. There is a good sized garden to the rear, with off-road parking and a garage.
The property requires updating, but offers extremely spacious accommodation throughout. It may appeal to owner occupiers who wish to convert back a single residence (subject to necessary consents), or buy-to-let investors who wish take advantage of Newport's high demand rental market. This is a very versatile building which may be considered for many different uses including renovate to re-sell.
The M4 motorway is easily accessible east bound at the nearby roundabout, approximately 300 yards away. The M4 west bound can be accessed nearby at junction 26. There is also a large selection of local amenities, shops, schools etc. Nearby, with Newport City Centre providing a greater selection of shops and facilities. Newport also provides a railway station and multiple bus routes.
Accommodation
Ground Floor (Flat 1) - Communal entrance, hallway, kitchen, 3 bedrooms, bathroom
Lower Ground Floor (Flat 1) - Living/dining room, kitchen
First Floor (Flat 2) - Landing, living/dining room, kitchen, 3 bedrooms
Outside - Forecourt, rear garden, off-road parking, garage
Tenancy Details
To be sold with vacant possession
Tenure
Tenure is advised Freehold - to be verified by a solicitor
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). These costs are inclusive of VAT.
Guide Price: £225,000+
Investment Opportunity
A substantial, end of terrace, freehold building located in the very popular location of Caerleon Road in Newport. The property is currently arranged as two, very generous three bedroom apartments. Each apartment benefits from gas central heating via combination boilers (not tested) and double glazed windows throughout. There is a good sized garden to the rear, with off-road parking and a garage.
The property requires updating, but offers extremely spacious accommodation throughout. It may appeal to owner occupiers who wish to convert back a single residence (subject to necessary consents), or buy-to-let investors who wish take advantage of Newport's high demand rental market. This is a very versatile building which may be considered for many different uses including renovate to re-sell.
The M4 motorway is easily accessible east bound at the nearby roundabout, approximately 300 yards away. The M4 west bound can be accessed nearby at junction 26. There is also a large selection of local amenities, shops, schools etc. Nearby, with Newport City Centre providing a greater selection of shops and facilities. Newport also provides a railway station and multiple bus routes.
Accommodation
Ground Floor (Flat 1) - Communal entrance, hallway, kitchen, 3 bedrooms, bathroom
Lower Ground Floor (Flat 1) - Living/dining room, kitchen
First Floor (Flat 2) - Landing, living/dining room, kitchen, 3 bedrooms
Outside - Forecourt, rear garden, off-road parking, garage
Tenancy Details
To be sold with vacant possession
Tenure
Tenure is advised Freehold - to be verified by a solicitor
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). These costs are inclusive of VAT.
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