This property is no longer on the market
6 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
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, 5 and 6 occupied and achieving a total income £2,650 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
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Property reference 213792. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fosh Auctions - Newport.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on July 25, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on July 25, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on February 16, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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