Lot 7 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 Drill Hall Road in this residential area located within close 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
A mid-terrace building comprising a 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
First Floor
2 Bedrooms, Bathroom/WC
GIA Approx. 700 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 6 months from 17th December 2011 (holding over) at a current rent of £7,080 per annum exclusive.
Note 1: There is a £550 Rent Deposit held.
Note 2: 20 Clifford Street sold for £154,950 in March 2020 and 18 Clifford Street sold for £148,000 in August 2019 (source: www.zoopla.co.uk).