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Residential properties for auction in Chepstow, Monmouthshire

Create Alert 6 results Sorry, we currently do not have any listings in 0 miles of Chepstow, Monmouthshire - Please find below the nearest listings available.
THE OLD DEFENSIBLE BARRACKS PEMBROKE DOCK, SOUTH WEST WALES

Auction Date: 21st - 22nd November

Guide Price: £850,000 +

•Grade II* Listed Building
•Approx. GIA floor area 45,000 ft.²
•Guide price devalues to less than £20 ft.²
•Approx. site area 4.45 acres
•Renovation work to East Wing mostly completed
•Five existing 1 & 2 bed apartments
•Development opportunity (STP)
•Suitable for a variety of uses (STP)
•Located close to Pembrokeshire Coast National Park
** UNSOLD – AVAILABLE AT £210,000 **

A three bedroom mid terrace house requiring modernisation, well located for the amenities of High Street Staple Hill. Vacant.

Tenure
Freehold.

Location

Located close to the junction with Broad Street
Shopping amenities can be found locally along High Street, where there are many shops and cafés
Recreational facilities can be found nearby at Page Park

Staple Hill

Description

A two storey mid terrace house
Requires modernisation
Rear garden

Accommodation

Ground Floor – Two Reception Rooms, Kitchen, Utility Room
First Floor – Three Bedrooms, Bathroom/WC, Separate WC

Viewing
Please refer to our website savills.co.uk/auctions
16, Seymour Road, Bristol, BS16 4TG
A three bedroom mid terrace house requiring modernisation, well located for the amenities of High Street Staple Hill
Type: House, Residential
Location: 16 Seymour Road, BS16 4TG
Images: 1
Brochures: 1
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** UNSOLD, PLEASE REFER TO AUCTIONEER **

Residential Investment

The Property is located on the southern section of Alexandra Road at its junction with Brunel Street and close to the junction with the Southern Distributor Road (A48).

Tenure
See Legal Pack

Description
The Property is a semi-detached building, formerly a Police Station which has been converted over recent years to provide No.4, 1 bedroom apartments, No.1, 2 bedroom apartment and No.5 studio apartments. There is a shared kitchen area and private parking to the rear.

Tenancies
The flats/studios are let on standard AST agreements. The rents quoted below are inclusive of bills, apart from heating and water which are paid separately.

Flat 1: £125 per calendar week
Flat 2: £135 per calendar week
Flat 3: £120 per calendar week
Flat 6: £120 per calendar week
Flat 7: £130 per calendar week
Flat 8: £135 per calendar week
Flat 9: £100 per calendar week
Flat 10: £100 per calendar week
Flat 11: £115 per calendar week
Flat 12: £120 per calendar week

Current Gross Rents Received: £1,200 per calendar week / £62,400 per annum.

Energy Efficiency Rating (EPC)
Current Rating E: 53

Local Authority
Newport City Council

Solicitors
Spicketts Battrick, 3 - 4 Gelliwastad Road, Pontypridd, CF37 2AU, Tel: 01443 407221

Additional Fees
Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
103 , Alexandra Road, Newport, NP20 2JG
Semi-Detached Building / Former Police Station Arranged As 5 Flat & 5 Studio Flat & Parking Space Fully Let
Type: Residential, Flat
Location: 103 Alexandra Road, Newport, NP20 2JG
Images: 11
Brochures: 1
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** UNSOLD, PLEASE REFER TO AUCTIONEER **

Located near to Cwmbran Town Centre.

Tenure
See Legal Pack

First Floor
Entrance hallway, two reception rooms, kitchen/dining room and wc.

Second Floor
Reception room, three bedrooms and shower room.

Local Authority
Torfaen County Borough Council

Solicitors
Hek Jones, 104 Whitchurch Road, Cardiff, CF14 3LY, Ref: Alex Oakley, Tel: 02920349820

Additional Fees
Buyer's Premium - £2200 inc VAT payable on exchange of contracts.

Administration Charge - £900 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
5A, Richmond Road, Cwmbran, NP44 1EG
A spacious four bedroom property set over two floors.
Type: House, Residential
Location: 5A Richmond Road, Cwmbran, NP44 1EG
Images: 12
Brochures: 1
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** THIS PROPERTY IS STILL AVAILABLE - PLEASE REFER TO AUCTIONEER **

Features
Arranged over four floors
Former building society at ground floor
First and second floor offices
Potential net initial yield of 10.75%
Nearby occupiers: Barclays, Joules & HSBC
Planning permission submitted to convert upper floors into residential
Planning reference application: DM/2018/00386
Freehold with vacant possession

Location
This property is located on Agincourt Square, within the heart of Monmouth, Gwent. The property is situated close by to a range of both national and international retailers including; Barclays Bank, Joules and HSBC.

Monmouth is situated approximately 40 miles northeast of Cardiff and 90 miles southwest of Coventry. There is good road access via A449, M4 and M5.

Gwent is a county borough in Wales, bordering the areas of Monmouthshire and Torfaen to the east, Caerphilly to the west and Powys to the north.

Description
• For Sale By Online Auction - TBC
Guide Price: £365,000+
• Vacant freehold Investment Property
• Ground floor retail – no empty business rates payable
• Planning to convert upper floors to residential – planning reference DM/2018/00387
• Potential income of £40,800 pa – 10.75% based on guide price

A terraced property arranged over four floors. The property is entered at ground floor and was previously used as a Building Society. The Building Society includes hardwood counters and is fully alarmed. There is a court yard to the rear, a kitchen and additional storage rooms.

The first and second floors are accessed via the ground floor, by way of separate entrance. The first and second floors are currently set out as offices, however, the vendor has applied for planning permission to convert the upper floors to a three bedroom duplex apartment.

Externally, the property is rendered with wooden sash windows, under a pitched and tiled roof.

Services
We understand the property has mains electricity, water and drainage. However, interested parties should carry out their own investigations.

Tenure
Freehold

Investment Analysis
This property is offered with vacant possession to all four floors. We consider the ground floor retail unit, once let, will achieve a rental income in the region of £2,000 pcm. Assuming the upper floors were to remain as offices, we consider the achievable rental income to be in the region of £1,400 pcm (£40,800 per annum), reflecting a net initial yield in the region of 10.75% based on the guide price.

However, planning permission has been granted to convert the upper floors in to a large three bedroom flat, which we envisage could sell for around £250,000, if renovated to a good standard.

Guide Price
£365,000+

Buyer’s Premium
2% (min. £3,600) inc. VAT.

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16, Agincourt Square, Monmouth, NP25 3DY
Grade II Listed Freehold Property – Vacant Planning to Convert Upper Floors to Residential Ground Floor Retail – No Empty Business...
Type: Offices, General Retail, Mixed Use, Residential, Retail, Other Property Types & Opportunities
Location: 16 Agincourt Square, NP25 3DY
Images: 7
Brochures: 1
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** Unsold, please refer to Auctioneer **


Retail Unit with Upper Floor Accommodation
The property is situated on Chepstow Road within the
Maindee area of Newport to the south of Newport city
centre.

The property occupies a prominent position within the
main retailing area.

Tenure
See Legal Pack

Description
The property comprises an end of terrace retail unit with upper floor accommodation.
The ground floor is open plan with a mix of laminate, carpet and vinyl floor coverings with a suspended ceiling with inset lighting with a return frontage to Chepstow Road.
The upper floor accommodation can be accessed by an internal wooden staircase from the ground floor and a self-contained entrance which runs between the subject and the neighbouring property the alleyway leads to the rear of the property where there is are external steel gantry stairs to the first floor.
The first and second floors are currently offices and stores with the potential, subject to the relevant planning permissions to convert, to convert to residential.

Accommodation
The property has been measured on an Net Internal Area basis in accordance with the RICS Code of Measuring Practice (6th edition).
Ground Floor Retail: 47.8 sq m 515 sq ft
First Floor Offices: 35.8 sq m 385 sq ft
Second Floor Stores: 44.6 sq m 481 sq ft

Business Rates
The rateable value of the property is £7,400 p.a.
The UBR (Wales) for 2018/2019 is 0.514 p in the £1.00.
There are small business rate relief schemes in place through Welsh Government, please make your own enquiries.

Local Authority
Newport City Council

Solicitors
Jacklyn Dawson, Equity Chambers, Newport, NP20 1PW, Ref: David Smith, Tel: 01633 265972

Additional Fees
Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
114, Chepstow Road, Newport, NP19 8EF
The property comprises an end of terrace retail unit with upper floor accommodation.
Type: General Retail, Residential, Retail, Offices
Location: 114 Chepstow Road, NP19 8EF
Images: 13
Brochures: 1
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** UNSOLD, PLEASE REFER TO AUCTIONEER **

This is a substantial and imposing Grade II Listed town house arranged as 8 self-contained 1 bedroom flats. The original building is believed to date from the late 18th century with a later 2 storey rear extension making it roughly T shaped. The flats are all approached from the rear with external staircases providing access to the upper floors. With all flats currently let this is a well established high income producing investment with the current rent at circa £40,000 per annum. Most of the tenants have been in in occupation for several years although the flats are now at a point where they would benefit from modernisation and improvement. With potential to increase rents once modernised or to break up an sell as well as further development possibilities the property is sure to be of interest to investors and developers.

Tenure

Freehold

Situation

Coleford is a small market town in the west of the Forest of Dean, close to the Wye Valley. Situated close to the Town Clock the property enjoys ease access to the local shopping and leisure facilities that such a central positions affords.

Accommodation

The property comprises 8 self-contained 1 bedroom flats with potential to turn some of them in to 2 beds. With several of the tenants having been in the property for a number of years this is a well established investment although it would benefit from modernisation. There is a large mostly unused cellar and large rear garden which both offer some development potential subject to the necessary consents.

Possession

The property is sold subject to the existing periodic assured shorthold tenancies. We understand most of the rents are paid weekly with some of the tenants in receipt of housing allowance. The Forest of Dean Local Housing Allowance for 1 beds is £92.05 per week and for 2 beds is £122.36 per week.

Partner Agent

KJT Residential Lydney, 43 Newerne Street, Lydney, Gloucestershire GL15 5RA
E: lydney@kjtoombs.co.uk W: kjtoombs.co.uk/
T: 01594 844444

Viewing
By appointment

Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.

Search Pack Fee

£360 inc VAT payable upon the fall of the gavel/exchange of contracts.

Legal Pack

A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.

Do you need finance?

In most cases there is a lender for nearly every property. We work with several independent brokers and lenders who are specialists in funding properties that are sold at auction. Let us have your details and we will put you in touch with the right people.

Need to get the auction pack reviewed?

AH Legals work with a number of solicitors who will review the legal pack for you. Get in touch to find our more.

Local Authority

Forest of Dean District Council

Solicitors

Pitman Blackstock White Solicitors, 6 Hill Street, Forest of Dean, Gloucestershire, Lydney, GL15 5HE, Ref: Ross White, Tel: 01594842475

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Caragh House, Newland Street, Coleford, GL16 8AH
High yielding investment property producing circa £40,000pa
Type: Residential, Flat, House
Location: Caragh House Newland Street, Coleford, GL16 8AH
Images: 10
Brochures: 1
View Property
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