*Auction Start Date: Thursday 27th April 2023 at 10:30am - Auction End Date: Friday 12th May at 11:00am*
This property is for sale by Modern Method of Auction powered by IAMSOLD LTD - Starting Bid £40,000 plus Reservation Fee.

*NO CHAIN*IDEAL OPPORTUNITY FOR A FIRST TIME BUYER OR INVESTOR*END TERRACED*TWO/THREE BEDROOMS*TWO RECEPTION ROOMS*KITCHEN*BATHROOM*REAR GARDEN*REF#00020976*

The property is offered for sale through the Modern Method of Auction which is operated by Iamsold Limited. We are delighted to offer this two/three bedroom, end terrace property situated within the residential area of Llanhilleth. The property is in need of full refurbishment offering the perfect investment opportunity, or an ideal buy for someone looking to put a complete new stamp on their purchase. The property is also on public transport links and main road networks making it ideal for commuting to Newport and Cardiff especially.

Accommodation comprises of an entrance hall which gives access to two reception rooms which provide ample space to comfortably accommodate a range of both seating and dining furniture. The kitchen has space a range of units and worktop space along with space for free standing appliances with an additional pantry providing further storage. The ground floor rooms are completed by the bathroom which has a suite comprising of a WC, a wash hand basin and a tiled surround bath.The first floor landing leads to two bedrooms, both being doubles with the third room making an ideal dressing room, child's bedroom or a home office.

Outside, the property sits on a no-through road and has an enclosed garden to the rear.

We have been advised by the seller the following details pertaining to this property. We would encourage any interested parties to seek legal advice to confirm such details prior to purchase

Council Tax Band - A

Tenure - Freehold

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAMSOLD Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with IAMSOLD and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by IAMSOLD. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

We have been advised by the seller the following details pertaining to this property. We would encourage any interested parties to seek legal advice to confirm such details prior to purchase.

This property is for sale by Modern Method of Auction powered by IAMSOLD LTD - Starting Bid £40,000 plus Reservation Fee.

Entrance Hall

Living Room - 16' 2'' x 10' 2'' (4.92m x 3.10m)

Dining Room - 10' 8'' x 8' 9'' (3.26m x 2.67m)

Rear Hall

Bathroom - 8' 9'' x 5' 1'' (2.67m x 1.56m)

Kitchen - 17' 2'' x 4' 5'' (5.24m x 1.35m)

Pantry - 5' 0'' x 4' 5'' (1.53m x 1.35m)

First Floor Landing

Bedroom 1 - 15' 10'' x 9' 0'' (4.82m x 2.75m)

Bedroom 2 - 10' 9'' x 8' 7'' (3.27m x 2.61m)

Bedroom 3 - 10' 2'' x 7' 2'' (3.10m x 2.18m)

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAMSOLD Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with IAMSOLD and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by IAMSOLD. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Council Tax Band: A
Tenure: Freehold