Auction House / Wales

  • For Sale By Unconditional Online Auction
  • Guide Price* : £180,000
  • Bidding Opens 05/10/2026 12:00

2 & 2A Preston Avenue, Newport, NP20 4JE

Bidding opens Monday 5th October 2026 at Midday and closes Wednesday 7th October 2026 at Midday

Description

Investment Opportunity - 2 Apartments

End of terrace house which has been converted into two, self contained apartments. Each flat benefits from its own private entrance, gas central heating, (not tested) and double glazing. The property is located just outside the Newport city centre on the west side of Newport with excellent access to the M4 at Junction 27. There is a rear garden with the ground floor flat which is currently tenanted and is to be sold with the tenant in situ.

Ground Floor Apartment Private entrance into a period entrance hall, living room, kitchen breakfast room, one double bedroom, rear hallway and a shower room. Access to a level rear garden. The ground floor is tenanted and it to be sold with the current tenant in situ. Please refer to the legal pack for the lease information. Current rent payable - £525 pcm.
First Floor Private entrance with stairs leading the first floor landing, living room, kitchen, two bedrooms and a bathroom. The first floor flat is sold with vacant possession.
Tenure Leasehold - 999 years from 25th March 1985. Ground Rent - £10.00 pa.
Viewings Auction House Wales 01633 212555

Tenure: Leasehold

Lease Details: 999 years from 1985

EPC Rating: 2 - D & 2A - C

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

£900 inc VAT payable on exchange of contracts.

Administration Charge

1.5% inc VAT of the purchase price, subject to a minimum of £2100 inc VAT, payable on exchange of contracts.

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* Guide | £180,000
  • Unconditional (Immediate Exchange)

Call the team on 01633 212 555 for more information

Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.