The property, located at 24 Church Road in the Maindee area, is being sold by Auction House South Wales Newport.
The guide price for the property is £140,000 and it will be auctioned online on Wednesday, May 21, 2025, at noon.
The premises consists of a vacant ground floor office/retail unit and a well-presented two-bedroom flat on the first floor.
The estate agent highlights the property’s location in Maindee, an area bustling with local shops and businesses, making it an attractive proposition for potential investors.
The ground floor comprises an entrance into a communal hall, with a separate entrance into the office space.
The first-floor flat has an independent entrance hall, lounge, kitchen, bathroom, and two bedrooms.
It is described as ‘well presented throughout’, with double glazing and gas central heating.
The property comes with a small rear yard, adding to its appeal.
Interested parties are advised to book an appointment.
There are additional fees associated with the purchase.
A buyer’s premium of £600 including VAT is payable on exchange of contracts.
There is also an administration charge of 1.2% including VAT of the purchase price, subject to a minimum of £1,200 including VAT, payable on exchange of contracts.
Buyers are advised to check the property information page for a list of any additional fees and to read the legal pack for any disbursements listed that may become payable by the purchaser on completion.
The property carries a Council Tax Band of A for the flat, and both the first-floor flat and the ground floor retail unit have an EPC Rating of D.
Guide prices are provided as an indication of each seller’s minimum expectation and may change at any time prior to the auction.
The property will be offered subject to a reserve, which is expected to be set within the guide range or no more than 10% above a single figure guide.
