Terraced house for sale in Caerleon Road, Newport NP19

Overview

Calling all investors and landlords! Don't miss out on this fantastic opportunity in Newport City Centre. This fully tenanted 4-bedroom HMO is currently achieving a gross rental income of £23,220 per annum which is set to rise to £24,000 per annum with rent increases due to take effect from May.

Located just a 10-minute walk from Newport Train Station and close to the M4, this property is in a central location that is highly desirable for professionals. The property is surrounded by a wealth of local amenities on Clarence Place, as well as being within walking distance of the city centre where tenants can explore Newport Market, Friars Walk, and a range of shops. The property is also within walking distance of the University of South Wales Newport campus and the main bus station.

The property is well-presented with neutral decor and spacious rooms. The modern kitchen has ample wall and base units, a breakfast bar, an integrated electric oven and hob, and white goods. There is a homely shared living room and a low-maintenance shared garden to the rear. Three of the bedrooms are double bedrooms and the fourth bedroom is a single bedroom. All bedrooms include built-in storage cupboards and space for a freestanding desk and chests of drawers. All the furniture and fittings will be included in the sale.

Whether you're looking to add to your portfolio or start investing in property, this HMO in Newport is a prime choice. Arrange a viewing today and seize this opportunity for high returns.
Council tax band: C