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Investment Opportunity. Commercial... 3 bed property for sale
Investment Opportunity. Commercial Road, Newport
£250,000
Investment Opportunity. Commercial Road, Newport
£250,000
Our Summary
- An Exceptional Investment Opportunity set in a central location in the city of Newport on a thriving, vibrant street with high foot flow and rental demand, is this mixed use building made up of a large 3 bedroom, 2 storey maisonette with separate rear access and an A3 licensed unit operating as a cafe, all recently fully refurbished to a high standard throughout
- Please note, the Vendors will only consider offers from Cash purchasers
- Exceptional Investment Opportunity
- 5%) & Further Scope To Increase Revenue Streams
- 5%) & Further Scope To Increase Revenue Streams
- Off Road Parking, Rear Access & Storage Area Full Of Potential
- Off Road Parking, Rear Access & Storage Area Full Of Potential
Description
This exceptional investment opportunity is a mixed-use building located in the heart of Newport, with a thriving street and high foot traffic. The property comprises a spacious 3-bedroom, 2-storey maisonette with separate rear access, and an A3 licensed cafe unit that is fully occupied and generating a strong yield of approximately 9.5% (£1900pcm). The property has been recently refurbished to a high standard throughout and boasts a large rear yard with parking options, secure gated access, and ample storage possibilities. Its central location, with easy access to the city centre, train station, and major road links, makes it an attractive choice for investors seeking initial returns and long-term capital growth. The vendors will only consider cash offers, and the agent strongly advises viewing to appreciate the property's full potential.