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7 Bridge Street,
Baneswell
Newport
NP20 4AN
Ruperra Street, Newport
£360,000
House
A fantastic opportunity for investors, this well-maintained terraced house has been converted into three self-contained flats, all of which are currently tenanted. The property offers a steady rental income with established tenants in place, making it an ideal addition to any investment portfolio.
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 8,3%. The property has been fully renovated and refurbished in 2021 and requires no maintenance or setup costs. With an option to title split and increase rental yields, this investment is primed for both current income and future growth.
Current Rental Details
Total monthly income: £2,490 gross
Tenancy: All tenants managed by an agency
Current yield: 8,3%
Potential for further rental income increase.
Key Features
Flat 1 (First Floor Floor): 3 bedrooms, kitchen, living room, and bathroom (77 sqm).
Flat 2 (Ground Floor): 2 bedrooms, open-plan kitchen, and bathroom (67 sqm).
Flat 3 (Basement Maisonette): 1 bedroom, 2 additional rooms, open-plan kitchen, and bathroom; includes a private garden (69 sqm).
Location Highlights
Situated in Pilligwenny, Newport, close to the city center.
Conveniently located next to an Asda store and bus stops.
On-street parking available.
Investment Benefits
Freehold ownership with an option to title split for added value.
Steady rental income from well-maintained flats.
No maintenance or setup costs required.
Please submit an online enquiry if you would like to know more.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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