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6 bedroom block of apartments for sale
Ruperra Street, Newport, South Wales, NP20
£360,000
Ruperra Street, Newport, South Wales, NP20
£360,000
Our Summary
- For Sale: Terraced House with 3 Tenanted Flats - Prime Investment Opportunity Property Overview A freehold terraced property in Pilligwenny, Newport, converted into three self-contained flats, offering a current rental yield of 8%
- The property has been fully renovated and refurbished in 2021 and requires no maintenance or setup costs
- Current yield: 8% Potential for further rental income increase
- Viewing is available only for highly interested buyers with potential offers on the table
- Contact us today for more details or to express interest in this fantastic investment opportunity
Description
This terraced property in Pilligwenny, Newport, has been converted into three self-contained flats, offering a current rental yield of 8%. The property was fully renovated and refurbished in 2021 and requires no maintenance or setup costs. The three flats, each with its own unique features, have a total living area of 213 square meters. The property is located close to the city center, with an Asda store and bus stops nearby, and offers on-street parking. With the option to title split and increase rental yields, this investment is primed for both current income and future growth. The current monthly income is £2,425 gross, and the property is available for £360,000. Viewing is available only for highly interested buyers with potential offers on the table.