3 bed semi-detached house for sale

Graig Park Hill, Newport NP20

3 Bedroom, Semi-detached House, 15 Graig Park Hill, Newport, South Wales, NP20 6GY

Overview
Hammer Price Homes are pleased to present for sale by online auction this 3 bedroom, semi-detached house in Newport, South Wales. The sale is open for cash buyers only.

The property briefly comprises: To the ground floor, an entrance hallway leading to a large sitting room/diner and kitchen. To the first floor there is a landing leading to 3 bedrooms and a bathroom.

Outside there is a front garden and to the rear of the property benefits from a generous sized garden and long distance elevated views.

The property offers a blank canvas for somebody looking to put their own stamp on a property and presents a good opportunity for both home buyers and investors.
The property requires full renovation throughout, and this sale is open for cash buyers only due to the general condition; we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location
The property is situated on Graig Park Hill, ideally positioned between Newport and Cwmbran, where both offer high streets with retails stores, restaurants and cafes. The property is well located for primary and secondary schooling, making this ideal for family, as well as being close to the Newport rail station, and within minutes of the nearby M4 corridor, both allowing for easy commuting to Cardiff, Bristol and London.

Special Conditions
This sale is open for cash buyers only due to the general condition; we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.
60 days to complete.

Tenure
Tenure - Freehold – Land Registry documents, including Conveyance dated 9th July 1919 – WA7505, are available for download from the Hammer Price Homes website.
Conveyancing Documents – The conveyance documents dated 2nd September 1966 are not available at the Land Registry for download. An indemnity policy for any missing conveyance documentation can be sourced during the conveyancing process should the buyer wish.
Rent Charge – There is rent charge that remains in place of the annual sum of £5.00, to the Perpetual Curate for the time being of the Parish Church of
Malpas, as detailed in Land Registry documents (Title Number: WA7505) which are available for download from the Hammer Price Homes website.
Please note that the vendors are not aware of any rent charge arrears, nor will they be able to provide any rent charge receipts. An indemnity policy can be sought during the conveyancing process, should the buyer wish, on this basis.
Prospective buyers are to obtain their own independent legal advice in relation to the Property, the Tenure and the Rent Charge prior to taking part in the auction.

Other information
The Deputy / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.
Council Tax Band – C
EPC Rating – G
Utilities:
Primary source of Water Supply: Assumed Mains
Primary source of Electricity Supply: Assumed Mains
Primary source of Gas Supply: Information Unknown (information taken from EPC Certificate)
Source/s of heating: No system present: Electric heaters assumed (information taken from EPC Certificate)
Primary arrangement for Sewerage/Drainage: Due to the property being on a residential street, it is assumed that it is connected to a public sewer.

Searches
Searches have been ordered and will be made available for download from the Hammer Price Homes website prior to the bidding taking place. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.

Auction Details
** Open for cash buyers only. 60 days to complete**
Auction ends – Thursday 5th June 2025 at 2:00pm (Subject to anti-sniping).
Bidding Window Opens – Tuesday 3rd June 2025 at 12:00pm (Bidding will not be possible until this time).
Starting price - £96,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Fees
All fees are payable by bank transfer only (we do not take card payments).
Reservation Fee – Please note that there is a Reservation Fee (3.6% of the eventual sale price, Including VAT subject to a minimum fee of £3,600 Including VAT) payable by the buyer within 2 hours of winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.
Searches –The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.

Viewings
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.

Property Details
Approx. Gross internal floor area – 800 sq ft / 73.3 sq M
Ground Floor
Comprises of an entrance hallway leading to these rooms:
Sitting Room/Diner – 21’9 x 12'1 (6.62m x 3.68m)
Kitchen – 9'4 x 7'2 (2.85m x 2.18m)
First Floor
Comprises of a landing leading to these rooms:
Bedroom 1 - 12'2 x 10'11 (3.70m x 3.34m)
Bedroom 2 – 10'11 x 9’1 (3.33m x 2.77m)
Bedroom 3 – 9’6 x 6’11 (2.89m x 2.12m)
Bathroom – 7'0 x 6'2 (2.13m x 1.86m)
Parking
On Street

Proof & Source of funds
In order to satisfy our Anti-Money Laundering obligations, winning bidders are required to complete their source of funds questionnaire within 24 hours of the close of the auction. This will detail how they will finance the purchase and provide supporting evidence as to the source of the funds (such as bank statements). It is advised that anybody bidding on a property prepares this information prior to taking part in an auction so that it is readily available. See our buyers faq’s for further information.
Current proof of funds may also be requested from registered buyers, prior to enabling their account for bidding, as part of our affordability checks.

How to make an offer
Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.
Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and faq’s on the site for more details.
This is a deputyship property and is sold as seen. The Deputy / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.