1 bed flat for sale in St. James Street, Newport PO30, £90,000

90,000.00

Offer Nr.:
64949265
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Bathrooms:
1
Reception rooms:
1
Contact name:
Watson Bull & Porter - Newport Sales
Phone(s):
01983 507930

* Leasehold
* ** chain free **
* Tenant In Situ - Yield of 6%!
* Spacious 1 Bedroom Flat
* Convenient Town Centre Location
* Subject to Reserve Price
* Sold by Modern Auction (T&c's apply)
* Buyers Fees Apply
* Modern Method of Auction
This spacious flat is centrally located within Newport Town and is offered to
the market with the current tenant in situ.
As you enter the hall to the left overlooking the town is a generous lounge
which is large enough to house a dining table too. Next to the lounge is a
modern, well - appointed kitchen.
At the rear of the property is a decent sized double bedroom with a bathroom
completing the accommodation.
Well - presented throughout and very conveniently placed this one bedroom flat
makes a great investment property for new or experienced landlords.
Property is offered for sale through Modern Method of Auction which is
operated by iamsold Limited.
Auctioneer Comments This property is offered through Modern Method of Auction.
Should you view, offer or bid your data will be shared with the Auctioneer,
iamsold Limited. This method requires both parties to complete the transaction
within 56 days, allowing 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 of
4. 2% of the purchase price including VAT, subject to a minimum of £6, 000. 00
including VAT. This 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 complete an
identification process with iamsold and provide proof of how the purchase
would be funded. The property has a Buyer Information Pack containing
documents about the property. The documents may not tell you everything you
need to know, so you must complete your own due diligence before bidding. A
sample of the Reservation Agreement and terms and conditions are contained
within this pack. The buyer will also make payment of £300 inc. VAT towards
the preparation cost of the pack. The estate agent and auctioneer may
recommend the services of other providers to you, in which they will be paid
for the referral. These services are optional, and you will be advised of any
payment, in writing before any services are accepted. Listing is subject to a
start price and undisclosed reserve price that can change.
This home is set in an ideal location that is convenient for the local
schools, churches and of course Newport, the 'capital', offering many
supermarket, shops and facilities. The multi - screen cinema is on the edge of
town with many eateries around offering a range of foods from simple to
exotic. The town also has the Isle of Wight College, Medina and the Apollo
Theatres and a good range of entertainment both during the day and evening. />

**Entrance Hall**
**Lounge (3. 91m x 3. 76m)**
**Kitchen (2. 7m x 2. 57m)**
**Bedroom (4. 53m x 3. 67m)**
**Bathroom (2. 64m x 1. 7m)**

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