House For Sale £297,000
14 St. Johns Road, Newport, NP19 8GW

FOR SALE BY AUCTION - -Lot 36 - Six bedroom HMO
ONLINE AUCTION from 25th JULY-27th JULY

A recently refurbished 6 bedroomed HMO. The ground floor of the property is comprised of a hallway, two bedrooms, and an open plan kitchen/living area. On the first floor there is a bathroom, and three bedrooms of which two contain ensuite. The attic space has also been converted to one bedroom with an ensuite.

All bedrooms are of a good size and are of modern design.

The property is partially tenanted, with rooms 1, 4 and 5 occupied and achieving a total income £1,950 per a month. Once fully tenanted it is anticipated that the property will achieve approximately £3,950 per month. Based on our guide price this provides a yield of 13.7%

Location
Located a short distance from Newport city centre, this property is situated in the desirable area of Beechwood. Located a 2 minute walk to Chepstow Road, one of the main thoroughfares into the city centre and local bus stops this property is ideal for commuters. Additionally, the property is approximately a 10 minute drive to the bus station and train station which provides links to Bristol, Cardiff and London. Due to its close proximity to the Royal Gwent Hospital, HM Passport office and The Celtic Manor Hotel this property may be suitable for young professionals.

Services
The property benefits from gas, water and electric (not tested).

VAT
We have been advised that VAT is not applicable to this sale.

AccommodationFloorDescriptionArea Sq FtArea Sq MGround FloorRoom 1not accessedRoom 2157.4714.63Kitchen255.1023.7First FloorRoom 3 with EnsuiteRoom90.418.4Ensuite12.591.17Room 4154.4614.35Room 5 with EnsuiteRoom188.1517.48Ensuite49.084.56WCSecond FloorRoom 6 with EnsuiteRoom233.1421.66Ensuite56.945.29