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MapGuide price
£100,0005 bedroom detached house for sale
School Lane, Newport NP20
Auction
Detached house
5 beds
2 baths
Key information
Features and description
FOR SALE BY PUBLIC AUCTION: The auction will take place online on 9th December 2025 at 05:00 PM with registration through our website.
Two storey office investment property in the centre of Newport let for £12,000 per annum representing an Initial Gross Yield of 12%. Planning awarded for conversion to a 5 bed HMO.
Description
Two storey office investment property in the centre of Newport let for £12,000 per annum representing an Initial Gross Yield of 12%. Planning awarded for conversion to a 5 bed HMO.
The building is a former school house and appears to be of brick and stone construction under a pitched tile roof. The internal accommodation appears to be in good order and briefly comprises two offices on the ground floor with kitchen and WC facilities with three offices and a shower room on the first floor. There is also a large enclosed rear yard.
The property also benefits from full planning approval to convert to a five bedroom HMO property with off-street parking. Please consult Newport City Council's planning portal for further details, reference 23/0342.
Accommodation
GF: Entrance hall, two offices, kitchen, storage, lobby, WC
FF: Three offices, shower room
OS: Enclosed rear yard.
Informed Freehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (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.
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.
Further Information
Auctioneers Office, Seel and Co[use Contact Agent Button]
Viewing
Viewing by appointment with Seel and Co
Two storey office investment property in the centre of Newport let for £12,000 per annum representing an Initial Gross Yield of 12%. Planning awarded for conversion to a 5 bed HMO.
Description
Two storey office investment property in the centre of Newport let for £12,000 per annum representing an Initial Gross Yield of 12%. Planning awarded for conversion to a 5 bed HMO.
The building is a former school house and appears to be of brick and stone construction under a pitched tile roof. The internal accommodation appears to be in good order and briefly comprises two offices on the ground floor with kitchen and WC facilities with three offices and a shower room on the first floor. There is also a large enclosed rear yard.
The property also benefits from full planning approval to convert to a five bedroom HMO property with off-street parking. Please consult Newport City Council's planning portal for further details, reference 23/0342.
Accommodation
GF: Entrance hall, two offices, kitchen, storage, lobby, WC
FF: Three offices, shower room
OS: Enclosed rear yard.
Informed Freehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (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.
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.
Further Information
Auctioneers Office, Seel and Co[use Contact Agent Button]
Viewing
Viewing by appointment with Seel and Co
About this agent
Welcome to different Established in 1898, we are one of the largest independent property specialists, estate agents and chartered surveyors in Cardiff and South Wales. Our family run business is built on traditional values delivered with a modern approach and great service. Whether you are a seller or buyer, renting or a landlord, leasehold owner or management company we offer all the advice and services you could need under one roof. We like to think that, for property in Cardiff and across South Wales, it must be Seel & Co.