Vendor: Receiver

A 3 bedroom terraced house (924 sq ft) with gardens. The property requires complete refurbishment. Development potential, vacant.

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Description/Location

Well situated close to the town centre and Royal Gwent Hospital. Post refurbishment, we estimate the current rental value is £1100 pm / £13,200 pa. The house and rear section of garden are held two 2 titles to be sold as one lot. CYM823899 comprises the house and garden directly to the rear with the further area of garden to the rear of 29 and 27 Edward Street held under title WA273934.

Tenure

Freehold
Council Tax Band: C

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Accommodation

Ground Floor: Entrance hall, sitting roo, dining room, kitchen. First Floor: Landing, 3 bedrooms, bathroom. Outside: Rear garden.

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.