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5 bed terraced house
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Our Summary
- FOR SALE BY PUBLIC AUCTION: The auction will take place online on 7th July 2026 at 05:45 PM with registration through our website
- Description Almost fully let building with an annual income of £40,020, this is an excellent turn key investment opportunity situated in a prime location
- The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price
- Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction
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Description
The property is a three-storey semi-detached house with five self-contained one-bedroom flats. Each flat has an open-plan kitchen/living area, shower room, and one double bedroom, and they are all in good condition throughout. The building is located on Newport Road, close to the city centre, with excellent transport links.
The property is currently almost fully let, generating an annual income of £40,020, with a gross initial yield of 10.1%. The flats are let for various monthly rents, with one currently vacant and advertised for £790 PCM.