GUIDE PRICE £60,000 - £65,000

ERV: £8400+ pa

1A St. Edward Street

Newport, Gwent, NP20 4GG

Lot 6

End of Terrace - Houses
Vendor: Receiver

A 1 bedroom end terrace house with gardens. The property requires refurbishment and repair. Development potential, vacant.

Description/Location

Great location close to the main central station (0.2 miles), Royal Gwent Hospital, parks and extensive local amenities. A tree caused structural damage and has been removed from the site, we refer bidders to the certificate of structural integrity included in the legal pack. Internal cracks need repair and the house requires refurbishment following the historic movement. We estimate the rental value, post refurbishment at £700 - £750 pm.

Tenure

Freehold

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Dual aspect living room, kitchen. First Floor: Landing, bedroom, bathroom. Outside: Garden.

Rent

ERV: £8400+ pa

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Legal documents

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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 £2,100 (inc. VAT) unless otherwise stated in the addendum (£600 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.