THE variety of lots at the Christmas Paul Fosh Auctions sale has to be seen to be believed. The catalogue covers almost everything from the straightforward terraced houses to a commercial production unit, domestic garages, a former bakery, a brace of manorial titles which could prove an ideal hard to buy for present and a redundant WC. Details and videos of many of the lots are on www.paulfoshauctions.com. The online only sale starts on Tuesday, December 8, with the hammer due to fall from 5pm on Thursday, December 10.
This mid-link style three-bedroom property, with fitted kitchen and front overlooking a park and a rear garden at 12 Fernhill Terrace, Phillipstown, New Tredegar, with excellent links to the A465 Heads of the Valley trunk road, has a guide price of £30,000-plus.
This large plot, at Camely, Old Lane, Abersychan, Pontypool, is a sought after area and currently accommodates a three-bedroom detached dormer bungalow with detached garage and generous gardens to front and rear. The property, which is listed with a guide price of £43,000-plus, is affected by subsidence due to an underground water leak which eroded part of the foundations.
Here is a three-bedroom mid-terrace property at 4 Feering Street, Newport, which comprises of a lounge/dining room, kitchen and ground floor shower room. The property, which has a rear garden and is listed with a guide price of £53,000-plus, requires updating and improvement throughout and would be ideal for buy to let purposes or investment.
Here is an opportunity to acquire, two, two-bedroom self-contained flats in a popular location is at 202 Chepstow Road, Newport. The property, which is listed with a guide price of £127,000-plus, is ideally situated for Newport city centre and the M4. The flats have benefitted from previous upgrading including UPVC double glazing, gas central heating (not tested) and have refitted kitchen with appliances and refitted bathroom suites. The properties are both let at £500 a month to established tenants who have expressed a willingness to remain.
Located in Blaina, Abertillery, on approximately 0.04 acres of land, this secure garage, with a guide price of £13,700-plus, is perfect for investment. The garage provides a total area of approximately 308 sq ft, is of brick construction with a steel sheet roof. Further benefits include a single swinging security door which provides vehicular access. In recent years a number of new homes have been built on the land surrounding the site, and therefore the site would be suitable for residential development subject to relevant planning consent.
Here is an opportunity to acquire two garages in the sought after location of Whitstone Road on the east side of Newport. The garages, which are listed with a guide price of £15,000-plus, benefit from roller doors. One is currently let at £50 a month, the other is vacant.
A prominent commercial development located in one of the most prominent positions in Pontypool is at 20 Commercial Street. This unit is a substantial building which benefits from being situated on the corner of Commercial Street and Market Street, and therefore gains maximum exposure. The building, which has a guide price of £138,000-plus, is currently tenanted and holds a Wales Assembly Funded FRI Lease which generates a rental income of £15,750 pa. The lease ends August 2021. The building comprises a two storey element and a three storey element, and would suit conversion to mixed a mixed development with potential for a two-bedroom flat and a studio. There is also lapsed planning permission to extend the two storey element to create a three story dwelling throughout.
This one-bedroom ground floor apartment located at 5 Meadowhall Court, Caerphilly Road, Senghenydd is listed with a guide price of £42,000-plus. The property, which has one double bedroom, bathroom and open plan kitchen/living area, is currently let at £5,700 a year could make an ideal investment for those looking to buy to let.
A substantial block of five flats, 1-5, 214 Chepstow Road, Newport is offered with a guide price of £230,000-plus. The flats are all let and generate a total annual income £22,200 per annum. The property benefits from UPVC double glazing and each flat has its own electric storage heating (not tested) and fitted kitchens and bathrooms.
A mid-link style three-bedroom property with gardens front and rear at 62 Dibdin Close, Newport, requires upgrading but would be ideal for either an owner occupier or investor. The property, situated to the east side of Newport and which has a guide price of £89,000-plus benefits from UPVC double glazing, and gas central heating (not tested) and offers scope to improve further.
Number one Bridge House, in the village of Llanbadoc, near Usk, is a well-maintained and upgraded cottage situated in a highly sought after location. The two-bedroom property, with a guide price of £210,000-plus, benefits from attractive fitted kitchen and bathroom and has been decorated throughout to a high standard. There is also a stunning rear garden with a former apple shed, which has previously had planning for a further bedroom (now lapsed). The cottage benefits from UPVC double glazing and LPG central heating (not tested) and would be an ideal purchase for a homeowner, for buy to let or an Airbnb.