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£110,000

Jamaica Grove, Coedkernew, NP10

  • 2 beds
Flat

£110,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£502 per month

Minimum deposit amount:

£5,500
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AUCTION END DATE IS THURSDAY 13TH MARCH 2025 AT 12:00PM

The property is offered for sale through the Modern Method of Auction which is operated by Iamsold Limited. Pinkmove are delighted to present this immaculately well presented, two bedroom apartment, situated on Barbados Court, Newport. The property is set in an ideal location for commuters, benefiting from excellent road links leading on to the M4 for Cardiff and Bristol. You also have local amenities within walking distance such as the close by supermarket and the beautiful Tredegar House and gardens.

The property has a secure communal entrance at ground floor level, with stairs leading to the second floor. As you enter into the hallway you have space for the storage of your shoes and coats as well as access to all of your rooms. The main reception room is a spacious living room, a well presented space with ample room for both seating and dining furniture and a feature Juliet balcony. An archway opens to the kitchen area where you have wall and floors units and space for you large appliances.The apartment also contains two good sized double bedrooms and the bathroom featuring a W.C, hand basin and a bath with a wall mounted shower. The master bedroom also benefits from its own en-suite shower room.Outside, the property offers you an allocated parking space within the private car park along with further visitor parking.

Viewing is highly recommended.

''We have been advised by the seller the following details pertaining to this property. We would encourage any interested parties to seek legal advice to confirm such details prior to purchase''

Council Tax Band - D
Tenure - Leasehold with 125 years from November 2004. 106 years of lease left to run.

Annual ground rent is £436.92
Annual service charge 2023 is £1891.86 paid bi-annually as £945.93

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAMSOLD Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer‘s solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with IAMSOLD and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by IAMSOLD. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
We have been advised by the seller the following details pertaining to this property. We would encourage any interested parties to seek legal advice to confirm such details prior to purchase.
This property is for sale by Modern Method of Auction powered by IAMSOLD LTD - Starting Bid £110,000 plus Reservation Fee

Entrance Hallway
Living Room
14‘ 11‘‘ x 12‘ 10‘‘ (4.55m x 3.90m)
Kitchen
9‘ 0‘‘ x 6‘ 4‘‘ (2.74m x 1.92m)
Bedroom 1
11‘ 10‘‘ x 10‘ 4‘‘ (3.61m x 3.15m)
En-suite
6‘ 9‘‘ x 5‘ 4‘‘ (2.06m x 1.63m)
Bedroom 2
11‘ 11‘‘ x 7‘ 7‘‘ (3.64m x 2.30m)
Bathroom
9‘ 6‘‘ x 7‘ 5‘‘ (2.89m x 2.25m)
Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAMSOLD Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer‘s solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with IAMSOLD and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by IAMSOLD. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

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