Lot 3 - 49 Fairoak Avenue, Newport, Gwent, NP19 8FW
- Unconditional Online Auction Sale
- Guide Price* : £85,000+
- Bedrooms: 2
- Bathrooms: 1
- Reception Rooms: 2
END OF TERRACE HOUSE FOR OWNER OCCUPIER / RESIDENTIAL INVESTMENT
Description
Situated in a popular and convenient residential area of Newport, this two-bedroom end-of-terrace property presents an excellent opportunity for both owner-occupiers and buy-to-let investors. While the property would benefit from some light modernisation, it is in good general condition throughout and offers excellent potential to add value.
The accommodation comprises an entrance hallway, two spacious reception rooms and a fitted kitchen to the ground floor. To the first floor are two well-proportioned bedrooms and a family bathroom.
Externally, the property benefits from a forecourt and a generous enclosed rear garden, providing excellent outdoor space.
The property is ideally located within easy reach of a wide range of local amenities on both Maindee and Caerleon Road, including shops, schools and public transport links. Excellent road connections are available via Junction 25 of the M4 motorway, making it an ideal location for commuters.
Further benefits include gas central heating (not tested) and double glazing throughout.
With strong rental demand in the surrounding area, this property represents an ideal buy-to-let investment as well as an excellent opportunity for owner-occupiers looking to create a home to their own taste.
Accommodation
Ground Floor - Entrance hallway, living room, dining room, kitchen
First Floor - Landing, 2-bedrooms, bathroom
Outside - Forecourt. Large rear garden
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 £1,195 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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