For Sale By Auction | 12:00, 05 February 2025

2 Portobelo Court, Jamaica Circle, Coedkernew, Newport, Newport NP10 8AN

*Guide | £89,000 (plus fees)

  • Ground Flat
  • 2 Bedrooms
  • Tenure: Leasehold. 125 years from 29th November 2004

Call the team on 02920 475 184 for more information

Auction Date

Wed 05/02/2025

Auction Time

12:00

Auction Venue

ONLINE

Investment Opportunity - Ground Floor 2 Bedroom Apartment

Ground floor apartment to be sold with the long term tenant in situ. The apartment, which is very well presented, is currently let at £575.00 pcm. (£6,900 pa). Please refer to the legal pack for the full tenancy information. The apartment is located to the south of Newport city centre offering convenient access to the M4 at Junction 28 and the M48 to Cardiff. The apartment benefits from double glazing and an allocated parking space.

Tenure

Leasehold. 125 years from 29th November 2004

Accommodation.

Entrance hall, lounge, kitchen, two bedrooms and a bathroom.

Outside

Allocated parking space and visitor spaces.

Council Tax Band C

Viewing Schedule

Strictly by Appointment with Auction House Wales. Please call 01633 212555 to book an appointment.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Newport City Council

Solicitors

Howells Solicitors, Fitzalan House, Ref: Howells Solicitors, Tel: 02920404022

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.