For sale by online, unconditional auction on 02/11/2022 18:05
Guide Price: £129,000+
Cottages In Need Of Renovation
An opportunity to purchase two cottages in need of full renovation. The properties have been majority cleared but do require extensive works. They are located in the Somerton area of Newport and offers convenient road links via Chepstow Road in the north which leads to junction 24 of the M4 motorway. To the south is the Southern Distributor Road which provides access throughout Newport and junctions 24 & 28 of the M4 motorway. There is a generous selection of amenities in the area with an array of shops, supermarkets, retail parks, schools etc.
These properties would be ideal for those looking to renovate and re-sell or for residential investment. There is electricity available to the property (not tested), there has never been gas installed but we believe the neighboring properties to benefit from mains gas.
The cottages are situated within a generous plot to the front and rear, which would provide off-road parking for multiple vehicles.
Accommodation
No. 4 - Ground Floor: Entrance porch, living/dining room, kitchen
First Floor - 2 bedrooms
No. 6 - Ground Floor: Entrance porch, hallway/reception room, living room, dining room, kitchen
First Floor: Landing, 2 bedrooms, bathroom
Outside - gardens to front and rear
Tenancy Details
To be sold with vacant possesion
Tenure
Tenure has been 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).