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Map6 bedroom block of apartments for sale
Investment Opportunity. 4 Flats & Double Garage. Blewitt Street, Newport
Block of apartments
6 beds
4 baths
570
EPC rating: D
Key information
Features and description
- Exceptional Investment Opportunity. 4 Flats & A Double Garage. Desirable City Centre Location. 2 x 2 Bed. 1 x 1 Bed & A Studio Flat
- Fully Occupied/Let. Current Yield Of £35,400 Per Annum With The Potential To Increase Further. Zero Debts Or Tenant Issues.
- Recently Refurbished Throughout With New Boilers, Kitchens, Bathrooms & Decoration Where Needed. Well Presented & Maintained.
- A Short Walk To The Central Train Station & Same With Driving To The M4 Motorway. Deal For Commuters & Travel To Cardiff, Bristol & London.
- Turn Key, Ready To Go, Zero Fuss Opportunity. Superb.
- 41 - First Floor 2 Bedrooms, Large Living Room, Kitchen/Breakfast Room & A Family Bathroom. Combi Boiler & UPVC Double Glazing.
- 41a - Ground Floor 1 Double Bedroom, Large Living Room, Kitchen & A Modern Shower Room. Combi Boiler & UPVC Double Glazing.
- 41b - Basement Flat With Garden & Private Access. 2 Double Bedrooms, Living Room & kitchen With A Modern Bathroom. Combi Boiler & UPVC Double Glazing.
- 41c - Ground Floor Studio With Private Access. Living/Bedroom, Separate Kitchen & Shower Room. Electric Heating/Hot Water & UPVC Double Glazing.
- A Double Garage With Working Pit In the Floor. Up & Over Manual Door With Secure Locking System. No Power Or Lighting.
Set in the heart of Newport City Centre is this Exceptional Residential Investment Opportunity offering an excellent current yield with possibilities for higher and an instant return as they are all fully let/occupied with some long standing tenants. Recently refurbished throughout the block of flats are made up of 2 x 2 beds, 1x 1bed, a 1 bed Studio & a double garage to the side. Close to all local amenities, shops, bars, restaurants & all that the city centre has to offer the property further benefits from excellent commuter links via road and high speed rail to Cardiff, Bristol & Surrounding Areas. Ideal in so many ways the agents highly advise to register any interest as early as possible.
Council Tax Band: B
Tenure: Freehold
Council Tax Band: B
Tenure: Freehold
About this agent
Red Dragon Estates is an Independent Estate, Letting and Property Management Agency, based on Bridge Street in Newport City Centre. With over 30 years in the property Industry, we recognise that the quality of service is essential to success! Red Dragon Estates always strives to ensure that the needs of our Clients come first and our friendly and professional team are always on hand to help. We don’t believe everything new is good and so we embrace the latest technology and invest heavily in other forms of advertising to ensure maximum results for our Clients. We also pride ourselves on to the traditional way we do business and this is what sets us apart from our competitors. Whether selling or letting, buying or renting, you can be assured that the team at Red Dragon Estates will do everything they can to ensure a smooth transaction.