2 Bed Flat For Sale

Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £100,000.

If you are looking for a first home or a BTL investment property, look no further! This is the perfect fit. The two bed ground floor apartment is not only situated in the very popular Newport area, it comes with parking and two double bedrooms.  It is located on the ground floor, all the rooms are arranged off the central hallway. The main bedroom overlooks the front of the property, it is a good size and benefits from white double glazed windows. The second bedroom is opposite and overlooks the rear of the property. The lounge is an excellent  size and can be arranged to accommodate living space as well as a dining area. The kitchen has been given an update, the patterned tiles give it a warm Mediterranean feel. The wall units are white gloss, the contrasting work top has an inset ceramic hob and modern sink. There is a built-in double oven, space and plumbing for a washing machine and space for a tall fridge/freezer.

The bathroom consists of a white toilet, wash basin and a corner shower unit with electric shower. There is a chrome effect heated towel rail to keep your towels toasty! There is a linen cupboard off the hall which also houses he electric water heater as well as slatted shelves for towels and linens.  The heating is provided by electric panel heaters. Externally there is a communal car park that provides ample parking for all the flats.

There are four flats with in the block, they are off traditional construction. The property has good in home and outdoor mobile phone coverage with all networks. Ultrafast broadband available. EPC rating E.

The annual service charge is currently £984.  The annual amount for March 2026 - March 2025 £1385.

The annual ground rent is £498

There are 963 years left on the lease. 

Newport is a very popular area of Barnstaple. It provides easy access to the link roads. It is a walkable distance into Barnstaple town centre, but if you just need to pop to the shop there are a number of local mini marts as well as pubs and restaurants in Newport itself. 

Viewing is highly recommended.

This property is being sold by secure online auction.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. 

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. 

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.