Lot 1 - 527 Malpas Road, Newport, Gwent, NP20 6NA
- Unconditional Online Auction Sale
- Guide Price* : £150,000+
- Bedrooms: 3
- Bathrooms: 1
- Reception Rooms: 2
Bungalow In Need of Renovation
Description
This three-bedroom detached bungalow in the sought-after area of Malpas, Newport, offers a fantastic opportunity for investors and developers. The property provides generous accommodation but does requires full renovation, making it an ideal project for those looking to renovate and re-sell.
The property benefits from off-road parking, with good sized front and rear gardens, and a useful storage shed. Further benefits include gas central heating (not tested). Situated in a popular residential area, the bungalow is conveniently located close to local amenities, well-regarded schools, and excellent transport links, providing easy access to Newport city centre, and the M4 corridor, which is accessible at junction 26.
With plenty of scope for improvement and modernisation, this is a prime investment opportunity in a sought-after location.
Accommodation
Ground Floor - Entrance porch, entrance hallway, living/dining room, lounge, kitchen, bathroom, 3-bedrooms
Outside - Front and rear gardens, off-road parking, storage shed
Tenancy Details
To be sold with vacant possession
Tenure
Tenure is advised Freehold
Auction Fees And Additional Costs
The purchaser will be charged a buyers premium of 1.20% of the sale price with a minimum fee 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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