3 bed terraced house for sale

Fairoak Terrace, Newport NP19

A three-bedroom, terraced house in need of full renovation and offering the potential to become an excellent investment. The property is currently listed for sale.

The interior layout consists of two adjoined reception rooms that have been arranged in an open-plan, both boasting large windows, with the first reception room further benefited by a bay window. This configuration not only invites 'a flood of natural light but also allows for space enhancements and layout versatility.

The property also prides itself on having three bedrooms: A generously-sized master bedroom, one double bedroom, and a welcoming single bedroom. Each can be comfortably personalised or refurbished to harness their full potential.

Acting as the heart of the home, the kitchen is in poor condition and offers access to the garden, complemented by a practical utility room that can be developed to suit any preference. Moreover, the bathroom features a three-piece suite, ripe for restoration.

The added advantage of this property is its spacious garden, a unique feature that extends the living space outdoors and promotes potential for al fresco pursuits or landscaping dreams.

Centrally located, this house is well-served by public transport links, local amenities, and nearby schools, all contributing to a well-rounded community lifestyle.

Noteworthy is the council tax band C, and the fact this house comes to the market by an online method of auction with no chain. It is currently leasehold and will be completed as freehold. This property is ideally targeted toward investors who embrace projects and can showcase the beauty hidden behind renovation requirement.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.