Bailey Street, Newport, Gwent, NP20 4DJ - Online Auctions

Located in the sought-after area of Baneswell, Newport, this property offers superb access to the City Centre, which provides an extensive range of amenities, shops, restaurants and other facilities. The accommodation is arranged over two floors and comprises a large living/dining room, kitchen and shower room on the ground floor, with three bedrooms to the first floor. The property further benefits from a gas combination boiler and double glazing. On-street permit parking is available to the front of the property (interested parties are advised to contact the local authority for further information). The property requires some renovation, presenting an excellent opportunity to add value. With strong rental demand in the area, this property would make an ideal residential investment or refurbishment project. Newport benefits from a range of transport links including the central bus and railway stations, as well as excellent road connections and easy access to the M4 motorway at Junction 26. Accommodation Ground Floor - Entrance hallway, living/dining room, kitchen, shower-room First Floor - Landing, 3-bedrooms Outside - Rear back garden Tenancy Details To be sold subject to occupational contract at £700 per calendar month. (Please note: The tenants are in the process of moving out. The rental potential will be around £1,000-£1,1000 per calendar month once renovated) Tenure Tenure is advised Freehold Council Tax Band C Auction Fees And Additional Costs The purchaser will be charged a buyers premium of 1.20 % of the sale price with a minimum fee of £995 inc. VAT 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. Please check accompanying legal pack for further details.