For sale by online, unconditional auction on 29/10/2025 12:00
Guide Price: £185,000+
Investment Opportunity
A traditional period property situated in the heart of Newport city centre, comprising four self-contained flats arranged over four storeys. Converted circa 1980, the property now offers three one-bedroom flats and one two-bedroom flat, with the ground floor benefitting from a large level rear garden area.
Conveniently located within a short walk of Newport city centre, the property enjoys easy access to a wide range of shops, restaurants, and leisure facilities, along with excellent transport links via nearby bus services and Newport railway station. Permit parking may be available in the area (interested parties are advised to check with the local authority).
The accommodation is generously proportioned throughout, though would benefit from some updating. Three of the four flats are currently let, presenting an excellent opportunity for an investor to further improve and maximise rental income.
This property offers superb potential as a high-yielding investment in a prime city centre location.
Accommodation
Basement Flat - Entrance hallway, living/dining room, kitchen, bathroom, bedroom (EPC RATING: C)
Ground Floor Flat - Entrance hallway, living room, bathroom, kitchen/dining room, bedroom (EPC RATING: D)
First Floor Flat - Entrance hallway, living room, bedroom 1, bathroom, kitchen/dining room, bedroom 2 (EPC RATING: C)
Top Floor Flat - Entrance hallway, living room, bathroom, kitchen, bedroom (EPC RATING: E)
Outside - Forecourt and level rear garden area
Tenancy Details
Basement Flat - Let subject to an occupational contract at £400 per calendar month
Ground Floor Flat - Let subject to an occupational contract at £750 per calendar month
First Floor Flat - Vacant (to be sold with vacant possession)
Top Floor Flat - Let subject to an occupational contract at £350 per calendar month
Tenure
Tenure is advised as Freehold
Applicable Fees Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 0.01 inc. VAT of the final sale price (subject to a minimum of 995.00 inc. VAT).