Auction Property

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Auction Finance Available

Location: 10 Kings Lane, Newport, Gwent, NP20 2FE

Summary:
Coach House in convenient location close to Newport City Centre - Ideal for investor or first time buyer

Guide Price: 49,000+

Full Description:

Two bedroom coach house in a quiet, central Newport location. The property is entered via a secure pedestrian gate to the side of the property and has a courtyard patio garden to the rear. The house also benefits from uPVC doors and windows. The property is well presented and having been recently decorated and just needs some finishing touches such as flooring to finish the ground floor living area.

The property is offered with vacant possession and is suitable for owner occupation or as a rental investment. We have been informed by the current owner that the property has been previously let at £500pcm (£6000 pa). Some white goods such as the fridge/freezer and washing machine are also included (Not tested).

The property is accessed down Kings Lane between Kings Street and Queen Street, Newport, but please contact the Seel & Co office to arrange an internal viewing.

Accommodation:

GF: Open-plan Living and kitchen area

FF: Landing with loft access, double bedroom, single bedroom, bathroom

OS: Side lane and rear enclosed patio area

Tenure: Freehold – please refer to the legal pack for verification of tenure.

Viewing: Auctioneers Office, Seel & Co Ltd (029) 2037 0117

Guide Price: £49,000+

Additional Fees:

Buyers Premium – 0.5% with minimum of £600 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion.

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.