Lot 5 Click here for addendum
Freehold 2 Bed House let on an AST
In the same ownership for over 17 years
6 Week Completion
Situation
Close to the junction with St John's Road in this residential area located within walking distance of Newport town centre.
Newport is the county town and main commercial centre of the Isle of Wight which runs regular ferry services to Portsmouth.
Property
Comprising a Semi-Detached 2 Bed House planned on ground and first floors, with a rear Garden and gas central heating.
Accommodation¹
Ground Floor
Living Room, Dining Room, Kitchen, Outside WC
First Floor
2 Bedrooms, Bathroom/WC
GIA Approx. 710 sq ft plus Rear Garden
¹Not inspected internally by Barnett Ross. Area taken from EPC.
VAT is NOT applicable to this Lot
FREEHOLD
Tenancy
The entire property is let on an AST to 2 individuals for a term of 1 year from 4th September 2020 at a current rent of £7,800 per annum exclusive.
Note 1: There is a £750 Rent Deposit held.
Note 2: 45 Elm Grove sold for £145,000 in June 2018 (source: www.zoopla.co.uk).