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5 bedroom terraced house for sale
3 Powells Place, Newport, Gwent, NP20 1EL
£239,000
3 Powells Place, Newport, Gwent, NP20 1EL
£239,000
Our Summary
- For sale by online, unconditional auction on 02/07/2025 19:05 Guide Price: £239,000+ INVESTMENT OPPORTUNITY We are pleased to offer this superb investment opportunity in the heart of Newport a fully tenanted 5-bedroom HMO located in Powells Place
- This is a turn-key investment opportunity in a thriving rental market ideal for both new and experienced landlords
- Accommodation Ground Floor - Entrance Hallway, Kitchen/Dining Room, Shower-room, 2-bedrooms First Floor - Landing, 3-bedrooms, Shower-room Outside - Low maintenance concrete yard to rear Tenancy Details Room 1 - £475 Per Calendar Month (£5700 Per Annum) Room 2 - £500 Per Calendar Month (£6000 Per Annum) Room 3 - £575 Per Calendar Month (£6900 Per Annum) Room 4- £500 Per Calendar Month (£6000 Per Annum) Room 5 - £450 Per Calendar Month (£5400 Per Annum) Tenure Tenure is advised as Freehold Applicable Fees Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 0
Description
This property is a fantastic investment opportunity in the heart of Newport, offering a fully tenanted 5-bedroom HMO that is ready to generate immediate income. The property is located in a highly convenient area, just a short walk from the main shopping area, with excellent transport links and amenities nearby. The property has been recently renovated to a high standard, with modern fittings and fully conforms to all current HMO licensing and safety requirements. The five rooms are currently occupied, offering a strong and consistent rental yield in a high-demand area. The property benefits from gas central heating, double-glazed windows, permit parking, and a bike shed to the rear. With a guide price of £239,000+, this is a turn-key investment opportunity ideal for both new and experienced landlords.