For sale by online, unconditional auction on 14/12/2022 18:35
Guide Price: £225,000+
House of multiple occupancy
An opportunity to acquire a modern-build HMO property in a popular location close to local amenities and Newport City Centre. There are convenient road links via the Southern Distributor Road throughout Newport and also lead to the M4 at junctions 24 & 28. The property is also in close proximity to the Royal Gwent hospital, which provides a consistent demand for lettable rooms/properties.
This is a spacious property arranged over three floors, with accommodation comprising of living room, kitchen/diner, WC & 5-bedrooms. There is the added benefit of a garage to the rear.
Newport has a very buoyant rental market and consistently proves itself to be a high performing area for investment.
Accommodation
Ground Floor - entrance hallway, living room, kitchen/dining area, WC
1st Floor - landing, 2-bedrooms
2nd Floor - landing, 3-bedrooms, bathroom
Outside - level rear-garden, garage and allocated parking space
Tenancy Details
To be sold with vacant possesion
Tenure
Tenure is advised Freehold - to be verified
Applicable Fees
Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.1% of the final sale price (subject to a minimum of £795).