Commercial Road, Newport. NP20 2PS
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- 3 X 1 BEDROOM FLATS
- FREEHOLD BLOCK
- INVESTMENT OPPORTUNITY
- CURRENT RENTS £500 PCM PER FLAT
- RENTS CAN BE ELEVATED TO £675 PCM
- SEPARATE LEASES
- £180,000 FOR 3 FLATS
- FLAT NO'S 4, 6 & 8
- CLOSE TO TOWN CENTRE
- EARLY VIEWING HIGHLY RECOMMENDED
Description
Set within a private freehold block of 10 one-bedroom flats, and set back off Commercial road, we're pleased to offer three one-bedroom apartments for sale. This is a perfect investment for those starting off or looking to add good quality investments to their portfolio.
The current owner has flats 4,6 and 8 all one-bedroom flats separated on their own leases and currently let for £500 per calendar month. Each flat is in order but could do with a freshen up and each flat can be elevated to £675 a month moving forward.
Access to the block is off Commercial road and each flat is on the first, second and third floors. All flats are rented with up-to-date compliance and certificates in place and are being off loaded by the seller as he no longer lives within the area.
Each flat is situated on a floor with one other flat and is accessed through its own entrance, into the hallway, the property has an open plan kitchen living room, with double bedroom and bathroom. The property benefits from double glazing and electric heating.
There are a scarcity of properties offering such potential and early enquiries are encouraged.
For more information please call Oliver on or email us .
- 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: TBC
- 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.
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- 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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Commercial Road, Newport. NP20 2PS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newport (S. Wales) Station0.6 miles
- Pye Corner Station2.2 miles
- Rogerstone Station3.4 miles
About the agent
Prosser Properties Ltd, Covering South Wales
Covering South Wales
Simon has been an estate agent for over 10 years, working from land sales to commercial developments and family homes. He lives in the Llantrisant/Pontyclun area, where he is quite well known, he was a director at Dylan Davies and Hywel Anthony estate agents, he has also lived in Cardiff, Peterston-Super-Ely and Pontyclun, he also has vast experience in photography. You would not be disappointed if you were to instruct him to sell your property from start to finish.
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