7 bed terraced house for sale

Commercial Road, Newport NP20

Summary
Rare opportunity for a fantastic invesment, Seven Bedrooms across 4 floors in a city centre location. Mid Terraced Property with commercial space to Ground Floor which could easily be converted back to a commercial unit if needed, situated in the heart of Newport.

Description
Calling all investors! Rare Opportunity not to be missed. Seven Bedroom, Mid Terraced Property with commercial space to Ground Floor which could easily be converted back to a commercial unit if needed, situated in the heart of Newport City Centre. It is located in a recently modernised area and convenient location of Newport, within walking distance from Newport High street and Train and Bus Station.

Viewing on this larger than average property is highly recommended.

Auctioneer's 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 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 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 no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

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.

Ground Floor
A ground floor commercial unit offers a reception room to the front of the building, with large windows, ideal for a display or advertising. To the rear, there is an additional two reception rooms, WC and spacious Kitchen. This Extensive space offers access to a courtyard garden with external space too.

First Floor
On the first floor there two bedrooms, reception room and bathroom to the front and a bedroom, bathroom and reception room to the rear.

Second Floor
To the Second floor there is Three Bedrooms and a WC.

Third Floor
To the third floor there is a converted attic room with large attic windows.

Measurements
Ground Floor
Reception Room 1 - 13' 4" x 27' 9"
Reception Room 2 - 11' 1" x 14' 4"
Kitchen - 9' 2" x 20' 7"
Reception Room 3 - 7' 5" x 13' 8"

First Floor
Bedroom 1 - 16' 7" x 12' 8"
Bedroom 2 - 10' 2" x 13' 4"
Reception Room 4 - 9' 8" x 14' 3"
Reception Room 4 - 10' 8" x 16' 4"
Bedroom 3 - 10' 2" x 14' 8"

Second Floor
Bedroom 4- 10' 9" x 13' 8"
Bedroom 5 - 10' 5" x 12' 8"
Bedroom 6 - 6' 2" x 8' 8"

Third Floor
Bedroom 7 - 16' 7" x 27' 1"

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Peter Alan nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.