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Plot for sale
Planning Granted | Newport
£140,000
Planning Granted | Newport
£140,000
Our Summary
- Hollis Morgan – FEBRUARY LIVE ONLINE AUCTION – A Freehold DEVELOPMENT OPPORTUNITY to convert this ICONIC BUILDING into 9 x LUXURY FLATS with a GDV of circa £2
- 3M | Potential RENT £186,300 paFor Sale By Live Online Auction - ADDRESS | Drill Hall, Lower Dock Street, Newport, Wales NP20 1EF Lot Number TBC*** PLEASE NOTE NEW AUCTION START TIME - NOW 12:00 ***The Live Online Auction is on Wednesday 11th February 2026 @ 12:00 NoonRegistration Deadline is on Friday 6th February 2026 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can choose to bid by telephone, proxy or via your computer
- Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”The Property - The Grade II Listed Drill hall which was completed in 1901 was the headquarters for the 3rd Monmouthshire Rifle Volunteer Corps
- Tenure - FreeholdThe Opportunity - PLANNING GRANTED | 9 FLATS Planning has been granted to convert this iconic property into a scheme of 9 luxury flats with a small commercial element
- FEBRUARY LIVE ONLINE AUCTION
- FOR SALE BY ONLINE AUCTION
- FREEHOLD DEVELOPMENT OPPORTUNITY
- RESI PLANNING GRANTED
Description
This iconic Grade II Listed Drill Hall in Newport, Wales, is a rare development opportunity to convert the property into 9 luxury flats with a small commercial element. The building, which was completed in 1901, has a rich history and was previously used as a religious building before a fire damaged it in 2018. Planning permission has been granted for the conversion, which is expected to have a gross development value of circa £2.3 million, with potential rental income of £186,300 per annum. The property is being sold with vacant possession and offers a unique chance to restore and develop this historic building into a desirable residential scheme.