57 St. Brides Gardens, Newport, NP20 3AU
Paul Fosh Auctions LimitedPaul Fosh Auctions is the leading property auction house in Wales, established in 2001 and based in Newport. With a team of experienced professionals, they specialize in property auctions across South Wales, North Wales, and the West Country, offering both in-person and online bidding.
Read more Read moreONLINE AUCTION from 30th AUGUST-1st SEPTEMBER A purpose built studio apartment ideal for buy to let investment. The property offers open plan living room/bedroom and kitchen with a separate shower room and dressing area. The property benefits electric heating (not tested) and resident parking. St Brides Gardens is conveniently located close to local amenities and offers great road links to the M4. Further amenities can be found in Newport city centre which is only a short drive away. Properties in this area usually achieve around £425 pcm. Accommodation First Floor : Lounge/bedroom/kitchen, shower room, dressing area Outside : Residents parking Council Tax Band A Lease Start Date 01/01/1982 Lease Duration 120 years (79 years unexpired) Tenancies To be sold with vacant possession 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 on 01633 746800 or email [email protected] for invaluable advice. Tenure Advised Leasehold - to be verified by solicitor Auction Fees And Additional Costs Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated. Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details. * Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
