Flat for sale in Adams Crescent, Newport TF10

JC0610

for sale via modern method of auction

This spacious two Bedroom, first floor apartment is located close Newport town centre and is ideal for an investor or first time buyer.

Briefly comprising Entrance Hallway, Large Living Room (with balcony), Kitchen, Bathroom and Two Bedrooms, there is secure intercom entry system on the main front door. Currently tenanted offering over a 6% return per annum. No upward chain!

Lease length - 96 years remaining.
Ground rent - £10 per annum
Service charge - £1110.55 per annum

Auctioneer Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.