House for sale

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House for sale

Ruperra Street, Newport
£360,000

Our Summary

  • For Sale: Terraced House with 3 Tenanted Flats - Prime Investment OpportunityProperty OverviewA freehold terraced property in Pilligwenny, Newport, converted into three self-contained flats, offering a current rental yield of 8,3%
  • The property has been fully renovated and refurbished in 2021 and requires no maintenance or setup costs
  • Current Rental DetailsTotal monthly income: £2,490 grossTenancy: All tenants managed by an agencyCurrent yield: 8,3%Potential for further rental income increase

Description

This fantastic investment opportunity presents a well-maintained terraced house in Pilligwenny, Newport, converted into three self-contained flats, all currently tenanted and generating a steady rental income. The property has been fully renovated and refurbished in 2021, requiring no maintenance or setup costs, and offers a current rental yield of 8.3%. The three flats, each with its own unique features, are managed by an agency, providing a hassle-free investment experience. With the option to title split, investors can increase rental yields and add value to their investment. Located close to the city center, next to an Asda store and bus stops, and with on-street parking available, this property is an ideal addition to any investment portfolio, offering both current income and future growth potential.