Excellent renovation project with potential for a HMO / Buy-to-let / Family home
10 West Park Road, Newport, NP20 3EH
- 12
Key features
Guide Price: *
£150,000
Fees apply
Reservation fee:3.6% (min. £6,000)
Admin fee:£999.60
Legal fee:£1,500
All fees include VAT at 20%
Auction Type:
Conditional
Highest bid:
£146,000Bid history
8 bidsO
17/05/2023 13:00:17 - £146,000
M
17/05/2023 12:58:41 - £145,000
OThis is an automatic bid as the bidder has set a maximum bid for this lot
17/05/2023 12:58:41 - £144,500
See all 8 bids â–¾
Investment opportunity. Renovation project with potential to make the property a fantastic family home or a buy-to-let. The property has four bedrooms, three reception rooms, two bathrooms, a kitchen, garden, and a garage to the rear which is currently let for £900pa.
Located near Newport City Centre, this excellent property is close to a range of fantastic local amenities, including shops, restaurants, and Newport Train Station just a 15-minute walk away. The property is also within the catchment area for the well-regarded Glasllwch Primary School. For those travelling out of the city, this home offers fantastic travel links to the M4 Motorway, ideal for those travelling to Cardiff or Bristol.
This spacious house needs some renovation but has plenty of potential. The property has three spacious reception rooms, offering a wide choice on what you want to do with them. The fitted kitchen offers ample wall and base units, an integrated electric oven topped with a gas hob, and plenty of space for white goods, such as a washing machine and a fridge freezer. This wonderful home offers three double bedrooms, each offering plenty of space for wardrobes, chests of drawers and bedside furniture. There is a fourth single bedroom. Finally, upstairs offers two bathrooms, each offering a toilet, and a pedestal wash basin. One bathroom includes a white bathtub, and the other has a shower with a glass sliding door.
The spacious low-maintenance rear garden is covered with stones and paving, so you don't have to worry about the grass or plants getting overgrown. This garden is secured to the left by a red brick wall, topped with a wooden fence, and to the right by a matching wooden fence, offering ample security. At the end of the garden is the garage with access out to the lane behind the property. The garage is currently let separately for storage.
The winning buyer must pay a reservation fee of 3%+VAT minimum £5,000+VAT immediately at the end of the auction.
Summary
- Auction end
- 17th May at 13:05
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 4
- Bathrooms
- 2
- Council tax band
- E
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Bluestone Property shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Bluestone Property. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
