Semi-detached house for sale in Newport NP20, 10 Bedroom

For sale by auction on Wednesday, 24 Oct 2018 at 19:00

Venue: Village Hotel 29 Pendwyallt Road, Coryton, Cardiff, CF14 7EF

The Property is located on the southern section of Alexandra Road at its junction with Brunel Street and close to the junction with the Southern Distributor Road (A48).

Description
The Property is a semi-detached building, formerly a Police Station which has been converted over recent years to provide No.4,1 bedroom apartments, No.1,2 bedroom apartment and No.5 studio apartments. There is a shared kitchen area and private parking to the rear.

Tenancies
The flats/studios are let on standard ast agreements. The rents quoted below are inclusive of bills, apart from heating and water which are paid separately.

Flat 1: £125 per calendar week
Flat 2: £135 per calendar week
Flat 3: £120 per calendar week
Flat 6: £120 per calendar week
Flat 7: £130 per calendar week
Flat 8: £135 per calendar week
Flat 9: £100 per calendar week
Flat 10: £100 per calendar week
Flat 11: £115 per calendar week
Flat 12: £120 per calendar week

Current Gross Rents Received: £1,200 per calendar week / £62,400 per annum.

Viewing Schedule
Monday 8th October 11:00-11:45
Friday 19th October 11:00-11:45

EPC Rating: E: 53

Viewings
08 Oct 2018 11:00-11:45
19 Oct 2018 11:00-11:45

Additional Fees
Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides 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. Each 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.