- EXCELLENT INVESTMENT OPPORTUNITY
- THREE SELF-CONTAINED FLATS ALL CURRENTLY RENTED
- TWO X2 BEDROOMS, ONE X1 BEDROOM
- REAR GARDEN TO GROUND FLOOR FLAT
- WALKING DISTANCE TO CITY CENTRE
- BUS STOPS, HOSPITAL & SHOPS CLOSE BY
- NO CHAIN
- CALL NOW TO VIEW!
- FULLY HMO LICENCED*
**BLOCK OF 3 APARTMENTS, EXCELLENT INVESTMENT OPPORTUNITY - APPROX 5.7% YIELD!!** Offered for sale with no onward chain is this ready-made investment opportunity to purchase three flats that are all currently rented to long standing tenants. All apartments are self-contained, benefit from their own individual utilities and consist of the following;
Flat 1: Ground floor situation, two bedrooms (or one bedroom with two reception rooms), lounge/diner, fitted kitchen and bathroom. Doors lead out to the garden which is for the sole use of this flat, which consists of lawn and patio. There is a door (currently locked) to the basement so there could be scope for future expansion, subject to the relevant planning permissions
Flat 2: First floor situation, comprises of two double bedrooms, spacious bay-fronted lounge, WC with separate shower room and a fitted kitchen
Flat 3: Accessed from the first floor with steps that take you up to the second floor. This flat consists of one double bedroom, lounge/diner, kitchen with breakfast area and a bathroom.
All apartments currently rented by long standing tenants however should any tenants leave these apartments are in good strong demand and the rental market here in Newport is very strong. The property is situated within walking distance to most local amenities including Newport City Centre, train station, Royal Gwent Hospital as well as handy road links such as the M4 motorway and Southern Distributor Road.
We are advised that the property is fully HMO licenced to comply with regulations of multiple occupancy.