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5 bed property, in 3 Powells Place, £239,000
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5 bed property

3 Powells Place, Newport, Gwent, NP20 1EL
Auction
£239,000

Our Summary

  • For sale by online, unconditional auction on 20/05/2026 17:45 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 - £600 Per Calendar Month (£7,200 Per Annum) Room 2 - £575 Per Calendar Month (£6,180 Per Annum) Room 3 - £600 Per Calendar Month (£7,200 Per Annum) Room 4- £500 Per Calendar Month (£6,000 Per Annum) Room 5 - £450 Per Calendar Month (£5,400 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 1

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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.