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House For Sale £227,000
35A & 35B High Street, Caerleon, Newport, Gwent, NP18 1AE


Description
FOR SALE BY AUCTION - -Lot 16 - Cottage Converted into Two Cottages for Owner Occupier/Investment
ONLINE AUCTION from 30th JANUARY-1st FEBRUARY

A mid terrace cottage which has been converted into two cottages with access to each via a small hallway. Situated in the heart of Caerleon opposite the National Roman Legion Museum and Roman Baths Museum, the cottages are well placed for local shops and restaurants. Whilst cottage 35B requires some refurbishment, accommodation is replicated for each cottage and provides a lounge, open plan kitchen/dining room, two bedrooms, bathroom and en-suite. The stone walled garden at the rear has been partially divided by a fence. The property could be converted back into a family home, turned into flats or a holiday rental given the tourism in the area, subject to the necessary change of use consents. The cottages were previously rented out for £625 each (£1,250) pcm though we anticipate a more accurate rental of approximately £750 pcm each once refurbished.

Caerleon is situated on the River Usk, and lies 5 miles (8 km) northeast of Newport city centre, and 5.5 miles (9 km) southeast of Cwmbran. Caerleon is of archaeological importance, being the site of a notable Roman legionary fortress, Isca Augusta, and an Iron Age hillfort. The town also has strong historical and literary associations - Alfred Lord Tennyson wrote Idylls of the King (18591885) while staying in Caerleon. Excellent transport links to Bristol, Cardiff and London via rail links and M4.

Virtual Tour:

35A & 35B each provide
Ground Floor: Lounge, kitchen/dining room
First Floor: 2 bedrooms, en-suite, bathroom
Outside: Walled rear lawned partially divided for each house. 35A also includes a shed in the garden

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession. Anticipated rental of £750 pcm per flat once renovated.

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 [use Contact Agent Button] for invaluable advice.

Follow the link for more information:
        
onthemarket.com

  
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