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70-72 Upper Bar, Newport, TF10 7AW

Offers in Region of
£95,995
Reduced on 30/10/2020
Barbers, Wellington
PROPERTY TYPE
Apartment
BEDROOMS
x2
BATHROOMS
x1
SIZE
743 sq. ft.
(69 sq. m.)

Key features

  • Second floor flat
  • Investment Opportunity
  • Lounge, Breakfast Kitchen
  • Two Bedrooms
  • Bathroom
  • Nicely presented accommodation
  • Current rent of £525 pcm
  • 6.56% gross yield based on current asking price
  • Gas Central Heating

Property description

Tenure: Leasehold

BRIEF DESCRIPTION A well presented second floor flat offering spacious accommodation. A side access gives access to a front door providing staircase and access to Flats A and B Upper Bar. From the second floor an entrance door opens into the through Hall. The Breakfast Kitchen looks out to the rear and has a range of base and wall mounted units with space for cooker and further appliance. The Lounge has a window looking out over the main High Street as do Bedrooms One and Two.

The Bathroom has a white three piece suite and window overlooking the rear. Benefitting from gas central heating, no upward chain and a Tenant in occupation. Currently offering a gross yield of 6.56% this is an excellent opportunity for an Investor purchaser.

To the rear there is a right of way to pass over the land with or without vehicles. 

LOCATION The property is just off the busy High Street, with its mix of shops, boutiques, cafes, pubs and a Victorian indoor market - and is within the catchment area of Newport's highly regarded Primary, High and Grammar Schools. A wider selection of shops, amenities and employment opportunities are available in Telford, Stafford and Shrewsbury - and the excellent rail connections from Telford and Stafford mean Birmingham and Manchester are in commutable distance.  

LOUNGE 14' 6" x 11' 7" (4.42m x 3.53m)  

BREAKFAST KITCHEN 14' 2" x 11' 3" (4.32m x 3.43m) max. measurements, L shaped room 

BEDROOM ONE 11' 8" x 9' 9" (3.56m x 2.97m)  

BEDROOM TWO 11' 7" x 9' 2" (3.53m x 2.79m)  

BATHROOM 13' 3" x 11' 4" (4.04m x 3.45m)  

ENERGY PERFORMANCE CERTIFICATE The property has a C rating. The full energy performance certificate (EPC) is available for this property upon request. 

TENURE We are advised that the property is Leasehold and this will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries. We are advised there are 186 years remaining on the lease and the long standing Tenant currently pays £525 pcm. 

SERVICES We are advised that mains water, drainage, gas and electricity are available. Barbers have not tested any apparatus, equipment, fittings etc or services to this property, so cannot confirm that they are in working order or fit for purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor. 

DIRECTIONS From the office in High Street, Newport proceed left towards Upper Bar - the property will be found a short way along on the left hand side over the Bet Fred premises. 

LOCAL AUTHORITY Telford & Wrekin Council Southwater Square, St Quentin Gate, Telford, TF3 4EJ 

VIEWING / PRE SALES ADVICE By arrangement with the Agents' office at 1 Church Street, Wellington, Shropshire TF1 1DD.
Tel:
Email:
 

METHOD OF SALE For Sale by Private Treaty. 

AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request. 

DISCLAIMER We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract. 

WE27356.100920  

70-72 Upper Bar, Newport, TF10 7AW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Oakengates Station6.0 miles
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About the agent

Barbers, Wellington

1 Church Street, Wellington, Telford, TF1 1DD

Barbers, Wellington
About Us

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Disclaimer - Property reference 101056062564. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Barbers, Wellington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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