For sale by online, unconditional auction on 03/12/2025 18:05

Guide Price: £105,000+

HOUSE FOR RESIDENTIAL INVESTMENT

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

Applicable Fees Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.20 inc. VAT of the final sale price (subject to a minimum of 995.00 inc. VAT).