£120,000
Studio for saleUpper Nelson Street, Chepstow, 5 NP16
1 bed
1 bath
1 reception
EPC Rating: E
Just added
Chain free
Freehold
About this property
Chain free
Successful rental
Ideal first time purchase
Studio
Previous rental income £600PCM
A fantastic opportunity to acquire a studio apartment in the heart of Chepstow town centre, offered to the market at £120,000.
Previously operated as a successful rental property, the studio has achieved £600 per calendar month, providing an attractive rental history. With some modernisation and cosmetic improvements, there is potential to increase the rental income further, making this an appealing option for both investors and owner-occupiers.
The property offers a good-sized kitchen, a generous bedroom/living area providing plenty of versatile space, and a well-proportioned bathroom.
Its central location places you within easy reach of Chepstow's shops, restaurants, cafés, pubs and local amenities, while also offering excellent transport links for commuters.
Potential to Purchase Both
An exciting additional opportunity exists, as the owner is also considering selling the similar adjoining property. For buyers interested in expanding their investment, the owner would be open to discussing a deal for the purchase of both properties.
With a proven rental history, scope for improvement and an excellent town-centre location, this represents a great investment opportunity at an attractive price point
Previously operated as a successful rental property, the studio has achieved £600 per calendar month, providing an attractive rental history. With some modernisation and cosmetic improvements, there is potential to increase the rental income further, making this an appealing option for both investors and owner-occupiers.
The property offers a good-sized kitchen, a generous bedroom/living area providing plenty of versatile space, and a well-proportioned bathroom.
Its central location places you within easy reach of Chepstow's shops, restaurants, cafés, pubs and local amenities, while also offering excellent transport links for commuters.
Potential to Purchase Both
An exciting additional opportunity exists, as the owner is also considering selling the similar adjoining property. For buyers interested in expanding their investment, the owner would be open to discussing a deal for the purchase of both properties.
With a proven rental history, scope for improvement and an excellent town-centre location, this represents a great investment opportunity at an attractive price point
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Monthly repayment
£600 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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