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2 & 2A Preston Avenue, Newport NP20 4JE

Key features

  • GUIDE PRICE £180,000 +

Description

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

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

Tenure: Leasehold

Lease Details: 999 years from 1985

EPC Rating: 2 - D & 2A - C

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

Buyer's Premium Fee: £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.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

2 & 2A Preston Avenue, Newport NP20 4JE

Approximate location

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Affordability

Monthly repayments£855
Property: £ 180,000
Deposit: £ 18,000
Interest rate: 4.85%
Term: 30 years
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About Auction House Wales, Wales

Gold Tops House, 8A Pentonville, Newport, NP20 5HB

With offices in Cardiff and Wrexham, Auction House Wales is experienced in selling property at auction across the Wales region. Unlike many other Auctioneers, we are a national brand with a local presence. Our team on the ground know the local area and understand the unique needs of our customers. If you're looking for your next property or land purchase, register today to start receiving property alerts to help with your search. If you have property to sell, get in touch with our local property experts to learn more about how Auction House can provide you with an easier way to sell your property in Wales.

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Disclaimer - Property reference 202608271405sq_dqpf. 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 Auction House Wales, Wales. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Wales, Wales on 01633 603922.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.