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Ruperra Street, Newport NP20 6 bed block of apartments for sale
Ruperra Street, Newport NP20
£360,000
Ruperra Street, Newport NP20
£360,000
Our Summary
- For Sale: Terraced House with 3 Tenanted Flats - Prime Investment Opportunity
- The property has been fully renovated and refurbished in 2021 and requires no maintenance or setup costs
- 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 freehold 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, requiring no maintenance or setup costs. The three flats, ranging from 67 to 77 square meters, each have their own kitchen, living room, and bathroom. The current monthly income is £2,425, with all tenants managed by an agency. The property is located close to the city center, next to an Asda store and bus stops, with on-street parking available. As a freehold property, there is an option to title split for added value, making it a prime investment opportunity for both current income and future growth. The guide price is £360,000, and viewing is available for highly interested buyers with potential offers on the table.