Property description
For Sale by Modern Auction T & Cs apply Subject to Reserve Price Buyers fees apply The Modern Method of AuctionAuction end date February 29th February 2024 at 2pmThis property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid 200,000 plus Reservation FeeThis family home is situated in an ideal City Centre location, making it perfect for those who work in central Newport or need to commute to Cardiff, Bristol or London, with easy road and the train station within walking distance. Newport high street, Friars Walk Shopping Centre and Newport Market are very close, with several restaurants, cafes, and retail stores.On the ground floor we have three large reception rooms, a spacious bay-fronted living room to the front of the property leading through to the lounge and dining room. The kitchen can be found to the rear of the property providing access to the low maintenance yard. A convenient downstairs Wc can be found from the entrance hallway and on street parking is available to the front of the property.Making our way upstairs we have four bedrooms, three of which are double and the fourth a generous single. The family bathroom can be found from the landing fitted with a bath suite and overhead shower.Council Tax Band EAll services and mains water are connected to the property.Please contact Number One Real Estate for more information or to arrange a viewing. Auctioneer CommentsThis 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 buyers 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 4.5% of the purchase price including VAT, subject to a minimum of 6,600.00 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 ArrangementsThe 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.
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