House For Sale £270,000
Modern tenanted 5 bed HMO investment property
*Tenanted 5 bedroom HMO investment property *Currently achieving approximately £22,000 per annum *Communal lounge and kitchen *Two modern shower rooms *uPVC double glazing and modern gas boiler *Enclosed rear garden *Close to excellent amenities and road links *Fully licenced *Approximate 8% yield *Ideal ready-made investment opportunity
Morden Road, Np19 7Et
Introduction
No chain - A fantastic opportunity to purchase this tenanted 5 bedroom HMO property situated on the cusp of St. Julians, just minutes from excellent amenities and main road connections. Within walking distance we have local shops, bus stops and, slightly further afield, Newport City Centre. The M4 motorway is just around the corner, providing an easy commute to Cardiff, Bristol and beyond.
The property (as of 27/10/22) is fully tenanted with a combined annual income of approximately £22,000. There are 5 double bedrooms (two to the ground floor, three to the first floor) all of-which have access to a communal lounge, fully fitted kitchen and two modern shower rooms, plus there is also an enclosed garden to the rear.
We have been advised by the current managing agent that there could be potential to increase the above rents in light of the lack of supply and strong demand for rental rooms, please contact our office for more information regarding this. Please note, not all rooms were able to be photographed due to the tenants being in situ.
Ground Floor
Room 1 (4.48 (into bay) x 4.09 max (14'8" (into bay) x 13')
Room 2 (3.70 x 2.59 max (12'1" x 8'5" max))
Communal Lounge (4.72 x 3.40 max (15'5" x 11'1" max))
Kitchen (3.33 x 2.71 (10'11" x 8'10"))
Shower Room (2.50 x 0.73 (8'2" x 2'4"))
First Floor
Room 3 (5.47 max x 4.47 (into bay) (17'11" max x 14'7" (in)
Room 4 (3.70 x 3.41 max (12'1" x 11'2" max))
Room 5 (3.44 max x 3.16 (11'3" max x 10'4"))
Shower Room (2.24 max x 1.41 max (7'4" max x 4'7" max))
Tenure
Freehold
Council Tax
Band D
Viewings
By prior appointment with vendors agents Nuttall Parker. Tel:
These particulars do not constitute an offer or contract of sale. Whilst every care is taken in the preparation of these particulars, their accuracy cannot be guaranteed and prospective purchasers should satisfy by inspection or otherwise as to the correctness of any statements or information contained therein.
*Tenanted 5 bedroom HMO investment property *Currently achieving approximately £22,000 per annum *Communal lounge and kitchen *Two modern shower rooms *uPVC double glazing and modern gas boiler *Enclosed rear garden *Close to excellent amenities and road links *Fully licenced *Approximate 8% yield *Ideal ready-made investment opportunity
Morden Road, Np19 7Et
Introduction
No chain - A fantastic opportunity to purchase this tenanted 5 bedroom HMO property situated on the cusp of St. Julians, just minutes from excellent amenities and main road connections. Within walking distance we have local shops, bus stops and, slightly further afield, Newport City Centre. The M4 motorway is just around the corner, providing an easy commute to Cardiff, Bristol and beyond.
The property (as of 27/10/22) is fully tenanted with a combined annual income of approximately £22,000. There are 5 double bedrooms (two to the ground floor, three to the first floor) all of-which have access to a communal lounge, fully fitted kitchen and two modern shower rooms, plus there is also an enclosed garden to the rear.
We have been advised by the current managing agent that there could be potential to increase the above rents in light of the lack of supply and strong demand for rental rooms, please contact our office for more information regarding this. Please note, not all rooms were able to be photographed due to the tenants being in situ.
Ground Floor
Room 1 (4.48 (into bay) x 4.09 max (14'8" (into bay) x 13')
Room 2 (3.70 x 2.59 max (12'1" x 8'5" max))
Communal Lounge (4.72 x 3.40 max (15'5" x 11'1" max))
Kitchen (3.33 x 2.71 (10'11" x 8'10"))
Shower Room (2.50 x 0.73 (8'2" x 2'4"))
First Floor
Room 3 (5.47 max x 4.47 (into bay) (17'11" max x 14'7" (in)
Room 4 (3.70 x 3.41 max (12'1" x 11'2" max))
Room 5 (3.44 max x 3.16 (11'3" max x 10'4"))
Shower Room (2.24 max x 1.41 max (7'4" max x 4'7" max))
Tenure
Freehold
Council Tax
Band D
Viewings
By prior appointment with vendors agents Nuttall Parker. Tel:
These particulars do not constitute an offer or contract of sale. Whilst every care is taken in the preparation of these particulars, their accuracy cannot be guaranteed and prospective purchasers should satisfy by inspection or otherwise as to the correctness of any statements or information contained therein.
