Cardiff Road, Newport £350,000

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An Excellent Investment Opportunity Located Opposite The Royal Gwent Hospital & City Centre Nearby. HMO. 6 Flats.
Very Large Traditional, Double Bay Fronted Building Made Up Of 6 Self Contained 1 Bedroom Flats, Off Road Parking/Driveway & Small Rear Garden Area
Current Strong Yield (£36,000 Per Annum) With All Flats Fully Let. Huge Potential To Upgrade/Develop & Further Increase Yield & Capital Value.
Highly Desirable Location Great For Renting. All Amenities Within Walking Distance Including The City Centre.
Excellent Commuter Links To Bristol, Cardiff & Further Afield Via Road & High Speed Rail Networks
Gas Combi Central Heating Systems. Central Fire Alarm. All Bills Separated Including Council Tax/ Tenant Payable.
****Must View**** Investors Only No Owner Occupier.

A superb investment opportunity in a prime central location full of huge potential whilst currently being an attractive proposition boasting good yields and long term tenants in situ. A very large double bay fronted building full of character consisting of 6 self contained flats with off road parking and a rear garden area. Please study the floor plan and highlighted key points before calling for a viewing.

Cardiff Road
Newport NP20 2EN

County: Newport

Sale Type: Sold STC

Ref #: 55183281

David Eaton
Red Dragon Estates