Lot 1 - 23 Feeder Row, Cwmcarn, Newport, Gwent, NP11 7ED

  • Unconditional Online Auction Sale
  • Guide Price* : £63,000+
  • Bedrooms: 3
  • Bathrooms: 1
  • Reception Rooms: 2

TERRACED HOUSE FOR OWNER OCCUPIER/RESIDENTIAL INVESTMENT

Description

An opportunity to acquire a mid-teraced house located in the popular area of Cwmcarn. The property overlooks a grass field and the well-regarded Scenic Drive, which provides picturesque views. Further benefits include double-glazed windows and gas central heating via a combination boiler. There is on-street parking available, with lane access to the rear also.

Cwmcarn provides a selection of local amenities within the village, with the nearby town of Risca providing a larger range of shops and facilities. Cross Keys railway station is accessible in a few minutes by vehicle and provides direct travel to Cardiff city centre in the south and Ebbw Vale in the north.

The property would be ideal for long-term residential investment or those looking at options for services accommodation (Airbnb etc.). The area proves very popular with tourists, particularly mountain bikers who regularly visit the Scenic Drive trails throughout the year.

Please note: The freehold reversion has been valued by the freeholder at £25,990 (plus legal costs)

Accommodation

Ground Floor - Entrance hallway, living/dining room, kitchen
First Floor - Landing, bathroom, 3-bedrooms
Outside - Elevated rear garden with lane access

Tenancy Details

To be sold with vacant possession

Tenure

Tenure is advised Leasehold - information to follow in the legal pack

Council Tax Band

B

Annual Ground Rent

£1

Auction Fees And Additional Costs

Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.2% (inc. VAT) of the final sale price (subject to a minimum of £995 inc. VAT).

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty. Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.

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Agreement Documents

Additional Documents

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