3 bedroom Semi-detached house in Newport

135 Moorland Park, Newport, Gwent NP19 4ND
  • Lot No: 54
  • Property Type: Semi-detached house
  • Contract Type: Unconditional with Fixed Fee

Guide Price* £85,000+ plus fees

Result Sold at Auction £122,000

Property Description

A three bedroomed semi-detached property situated in a popular residential location close to comprehensive range of local amenities to include shops and schools, currently let at £9,878 per annum rising annually by the Retail Price Index +2%.

GROUND FLOOR:

Front porch, living room, kitchen, rear vestibule and toilet


FIRST FLOOR:

Three bedrooms, bathroom.


OUTSIDE:

There is a small enclosed garden at the front and larger enclosed garden at the rear. There is a single car integral garage at the rear and parking for one car on the rear access drive.


OCCUPANCY AGREEMENT:

The property is let under an Occupancy Agreement (commenced 08/02/1999) at a contractual rent of £189.97 per week. The Agreement allows for annual increases on 1st April in line with the Retail Prices Index (RPI) plus 2%.


AUCTIONEERS NOTE:

The Auctioneers have not inspected the property. The details have been provided by the seller and interested parties should rely on their own investigations to verify the information provided.


VIEWINGS:

There will be no internal viewings and interested parties are requested not to contact the occupants direct.


Tenure

Freehold


Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fee apply: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of £1,500 inc. VAT The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.