5 bedroom house

*HMO PROPERTY*GREAT INVESTMENT OPPORTUNITY*FIVE BEDROOMS*LIVING AREA*LARGE KITCHEN/BREAKFAST ROOM*TWO BATHROOMS*ENCLOSED GARDEN*OFF ROAD PARKING FOR TWO VEHICLES*

We are delighted to present this fantastic opportunity to invest in this spacious HMO property in the heart of Newport. The property is ideally located within walking distance to the City Centre where you have an array of shops and amenities, as well as Newport bus and train station for commuting.

This spacious property offers five spacious double bedrooms, a large living area with separate kitchen/breakfast room. The kitchen features a wide range of floor and wall unit storage with lots of room for any freestanding appliances. To the rear you also have a large utility cupboard and access out to the garden. The garden features a seating area with steps leading up to another larger seating area. There are also two bathrooms, one on the ground floor with a walk in shower, WC and hand basin. Another of the first floor with a walk in shower, separate bath, WC and hand basin.

This property has great potential rental income which is outlined below.

Based on most recent rent and charges achieved.

Room 1 - £425 - Ground floor bedroom
Room 2 - £380 - First floor front large room
Room 3 - £480 - First floor middle room
Room 4 - £425 - First floor rear bedroom
Room 5 - £395 - First floor small bedroom front

Total £2,105 per month
£25,260 per year

There is scope to increase these rents for newly secured tenants.

*We have been advised by the seller the following details pertaining to this property. We would encourage any interested parties to seek legal advice to confirm such details prior to purchase*

Council Tax Band - E

Tenure - Freehold

Hallway

Bedroom 1 - 12' 9'' x 14' 6'' (3.89m x 4.41m)
Double

Living Room - 15' 1'' x 13' 6'' (4.59m x 4.12m)

Kitchen/Breakfast Room - 21' 3'' x 11' 4'' (6.48m x 3.46m)

Shower Room - 6' 8'' x 6' 11'' (2.04m x 2.11m)

Landing

Bedroom 2 - 16' 5'' x 12' 0'' (5m x 3.65m)
Double

Bedroom 3 - 12' 2'' x 13' 6'' (3.71m x 4.12m)
Double

Bedroom 4 - 15' 6'' x 11' 0'' (4.72m x 3.36m)
Double

Bedroom 5 - 12' 11'' x 7' 4'' (3.94m x 2.23m)
Double

Bathroom - 12' 2'' x 8' 11'' (3.71m x 2.72m)

Council Tax Band: E
Tenure: Freehold