This property has been taken off the market.

3 Bed Terraced House For Sale Corporation Road, Newport, NP19

£125,000- Terraced

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 27th April 2024

Description

FOR SALE BY PUBLIC AUCTION: The auction will take place online on 14th May 2024 at 04:54 PM with registration through our website.\r
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Mixed use investment property consisting of a small shop and two spacious apartments in this busy and popular area of Newport.\r
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Description\r
Unfortunately re-available due to a failed purchase in the March auction. Mixed use investment property consisting of a small shop and two spacious apartments in this busy and popular area of Newport.\r
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The front shop has been let for many years to an established tattoo business. The apartment are both currently empty and in need of some decorative improvement. The ground floor apartment consists of an entrance hall, sitting room, bedroom and bathroom with garden access, Upstairs the apartment has a landing, two bedrooms, sitting room, kitchen and bathroom.\r
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Although the apartments would benefit from some decorative improvement and modernisation, particularly to the ground floor, the building appears to be in generally good order and benefits from uPVC windows throughout and central heating provided by modern combination boilers (not tested).\r
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Please see the full 3D VR tour for a full walkthrough of the building.\r
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Accommodation\r
GF - Shop area, WC. Communal flat entrance hall. GFF - Hall, bedroom, sitting room, bathroom, kitchen\r
FF - Landing, Two bedrooms, sitting room, kitchen, bathroom.\r
OS - Rear enclosed garden.\r
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Informed Freehold please refer to legal pack for verification of tenureAdditional Fees\r
Buyer's Premium 1.2% with a minimum of £1,200 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.\r
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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.\r
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Further Information\r
Auctioneers Office, Seel and Co \r
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Viewing\r
Viewing by appointment with Seel and Co
Agent Details
Seel & Co Ltd
Desg, 11-13 Penhill Road, Pontcanna, Cardiff, CF11 9PQ

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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