Flat for sale in Commercial Road, Newport NP20
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Property 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
Property description
Prosser Properties are proud to present the following.......
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 .
Property info
For more information about this property, please contact
Prosser Properties Ltd, CF72 on * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Prosser Properties Ltd, and do not constitute property particulars. Please contact Prosser Properties Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.