About this property

Addendum To Printed Catalogue

The property comprises of two self contained two bedroom flats, with the ground floor flat having the benefit of the rear garden.


An interesting opportunity to acquire a freehold Victorian terraced house, currently arranged as two self contained two bedroom flats, with the ground floor flat having the benefit of a rear garden, being conveniently situated for the facilities and amenities of the rapidly developing Newport. The ground floor is currently let and generating an income of £500 pcm/£6,000 pae, with the first floor flat currently vacant and ready to let. The property is likely to appeal to residential lettings investors, those seeking a post works break up and resale venture, or for multi-generation occupancy.

Listed By

Property Auctions South West
Head Office
2 Cotton Street
Liverpool
L3 7DY

t. 01395 275 691
auctions@countrywide.co.uk

Full Description

Location

Corporation Road is situated in close proximity of Newport city centre, offering an excellent range of shopping and leisure facilities and Newport railway station. Having easy access to Junctions 25-27 of the M4, providing commuter links to Cardiff in the south west and Bristol in the South East.

Ground Floor

Communal entrance hall.

Communal entrance hall.

Ground Floor Flat

Sitting room, bedroom, kitchen/diner and bathroom.

First Floor Flat

Sitting room, kitchen/diner, bedroom and bathroom.

Outside

Walled frontage and enclosed rear garden.

EPC

GFF Energy Efficiency Rating - TBC
TFF Energy Efficiency Rating - E

Auction Valuer

Wendy Alexander

Viewing

Strictly by appointment only with Taylors Roath 02920 486631. General enquiries Countrywide Property Auctions 01395 275691.

Notes

We are informed by the vendor that the current rental value is around £600 pcm per flat.

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Photos
Map

217 Corporation Road, Newport, Gwent

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Countrywide Property Auctions

Head Office
2 Cotton Street
Liverpool
L3 7DY

Tel: 01395 275 691

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* Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyers Fee

A successful purchaser will also be required to pay a Buyer's Administration charge of £750+VAT (£900 including VAT @ 20%) (unless stated otherwise within the property description in the catalogue) by cheque made payable to Countrywide.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).