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No longer on the market

This property is no longer on the market

0

2 bedroom flat

Virtual tour
Auction
Flat
2 beds
1 bath
656 sq ft / 61 sq m
EPC rating: B
Added > 14 days

Key information

TenureLeasehold | 117 yrs left
Ground rent£250 per annum | review period: unconfirmed
Service charge£1,320 per annum
Council taxAsk agent
BroadbandUltra-fast 900Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (117 years remaining)
  • Immediate exchange of contracts available
  • 2 bedrooms
  • Allocated parking
  • Popular location
  • For sale by Online Auction
*GREAT INVESTMENT OPPORTUNITY!*
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £110,000.
Freelancer Lets and Sales are pleased to advertise for sale by Auction, this 2 bedroom first floor apartment in the popular Lysaght Village development. Easy access to the SDR, a stones throw away from local amenities and Spytty retail park offering plenty of shops, cafes and restaurants. This lovely light and airy pad comprises a spacious living room/diner, a fully fitted neutral kitchen with integrated oven and hob, 2 double bedrooms and a family bathroom with shower over the bath. Perfect investment opportunity with an achievable rent of approximately £850 per calendar month.

One allocated parking space to the front of the building.

Leasehold information: 117 years remaining.
Service charge: £1320 per annum currently.
Ground rent: £250 per annum currently.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Viewing:
Viewing strictly by arrangement with Freelancer Lets and Sales.

Disclaimers:
Freelancer Lets and Sales are the seller's agent for the sale and marketing of the property described on these property particulars and your legal representative is legally responsible for ensuring that the purchase agreement fully protects your position as a purchaser.

Freelancer Lets and Sales make relevant enquiries to the seller to ensure that the information provided is as accurate as possible. However, if you become aware that any of the information provided to you is inaccurate please inform Freelancer Lets and Sales as soon as possible so we can make the necessary correction.

None of the services at the property have been tested, if appliances and/or systems are mentioned in the property description there is no guarantee that any of these appliances or systems are working so any potential purchaser is advised to have any mentioned items tested prior to any commitment to purchase.

Any vehicular access/right of way mentioned must be verified by your legal advisors.
If the sales details mention any outbuildings, extensions or any improvements the purchaser must ask their legal advisor to confirm that the necessary permissions have been granted for these items.

Freelancer Lets and Sales accept no liability if the relevant permissions have not been obtained.

The details provided make no part of any contract and cannot be relied upon for this purpose.

We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Gardens, roof terraces, balconies and communal gardens as well as tenure and lease details cannot have their accuracy guaranteed for intending purchasers. Lease details, service ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts.

No person in the employment of Freelancer Lets and Sales has any authority to make any representation or warranty whatever in relation to this property. Purchase prices, rents or other prices quoted are correct at the date of publication and, unless otherwise stated, exclusive of VAT. Intending purchasers and lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction relating to this property.

Data Protection:
We retain the copyright in all advertising material used to market this Property.
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About this agent

Freelancer Lets & Sales - Newport
Freelancer Lets & Sales - Newport
371 Malpas Road Newport NP20 6WB
01633 371885
Full profileProperty listings
Our family business, Freelancer, initially started trading as a lettings agency in 2012. From the first day of trading we were licensed members of ARLA, members of the Property Ombudsman scheme and accredited with the National Landlords Association. We are now licensed members of the Welsh Government’s Rent Smart Wales scheme. We moved into sales relatively recently, coerced into it by our landlords with properties to sell who only wanted to deal with us. Our track record to date has been exemplary, with our fastest sale taking place after the first viewing after just 2 days. So what makes us special you might ask.... As an independent family business we are motivated to keep our customers happy. From the beginning of your sales or lettings journey we promise to give you our undivided attention. We'll get to know each other well so you don't have a stranger answering your calls. Many of our clients have become personal friends on Facebook - and we love making new friends! As a small business we are able to act quickly in the leads we receive, whether it is for a sale or let. Strike while the iron is hot and all that. We don’t believe in making people wait a week for a viewing, they’ll find something else before then.
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