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No longer on the market

This property is no longer on the market

EPC
EPC
EPC
EPC

5 bedroom apartment

Auction
Sold STC
Apartment
5 beds
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandSuper-fast 80Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Advised Freehold - to be verified by solicitor
  • Flat 2 is currently let on AST at £400 pcm (£4,800 p/a) with tenant keen to remain The remainder of the building is vacant. If rented out in its currrent arrangement (5 x...
FOR SALE BY AUCTION - -LOT 36 - Investment/Development opportunity

ONLINE AUCTION from 17th MAY-19th MAY

A substantial freehold building currently comprising a ground floor retail until and 5 flats. The property offers scope to improve in its current form or potential to reconfigure into 6 residential units with one commercial unit. There have been some initial works commenced in readiness for a proposed lease to the council however due to a change in the vendors circumstances the property is sold now with potential to improve and finish and fully let.

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[use Contact Agent Button] or [use Contact Agent Button] for invaluable advice.

VIRTUAL TOUR

Ground Floor: Retail/office, rear office, w/c, kitchen
Ground Floor: Communal access to flats
First Floor:
Flat 1:- Entrance, lounge/kitchen, bedroom, shower room/WC
Flat 2:- Lounge/kitchen, bedroom, shower room/WC
Flat 3:- Room with space for lounge/kitchen/bedroom & shower room/WC
Second Floor:
Flat 4: Lounge/kitchen, bedroom, Shower room
Flat 5: Kitchen area, bedroom/lounge area off bathroom
Outside: Rear garden area

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
Flat 2 is currently let on AST at £400 pcm (£4,800 p/a) with tenant keen to remain
The remainder of the building is vacant.

If rented out in its currrent arrangement (5 x £400 plus £550 for the commercial) produces a potential income of £30,600 p/a
The potential projected income when fully let is £40,200 p/a (7 x £400 plus £550)
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About this agent

Paul Fosh Auctions - Newport
Paul Fosh Auctions - Newport
108 Lower Dock Street Newport, Gwent NP20 2AG
01633 371631
Full profileProperty listings
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.
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