41a High Street
Cowes
Isle Of Wight
PO31 7RS
Drill Hall Road, Newport
Offers in the region of £300,000
3 Bedroom House
- INVESTMENT PROPERTY
- JUST OFF NEWPORT TOWN CENTRE
- THREE INDEPENDENT ONE-BEDROOM FLATS
- MANAGED BY PROPERTY MANAGEMENT COMPANY
- GENERATES GOOD INCOME
This is an outstanding opportunity to acquire a robust investment property located just off Newport town centre. Currently configured as three independent one-bedroom flats, the property is a ready-made asset for any serious investor. The property currently generates £17,340 pa income and is managed by a local Property Management company of good repute. The property has been in the ownership of the current vendor for years and has a genuine reason for sale.
We invite you to view as soon as possible.
Flat 5A (Top Floor)
Lounge
2.84m x 4.45m (9'4" x 14'7")Front aspect.
Kitchen
1.47m x 2.84m (4'10" x 9'4")Supplied with a range of units. Plumbing for washing machine. Electric cooker point.
Bedroom
2.74m min x 3.76m (9' min x 12'4")Rear aspect.
En-Suite
Shower, WC and hand basin.
Flat B (Middle Floor)
Kitchen & Lounge
4.42m x 3.63m (14'6" x 11'11")Front aspect. Open plan arrangement incorporating the Lounge and Kitchen area.
Bedroom
3.10m x 3.43m (10'2" x 11'3")Rear aspect.
En-Suite
Including Shower cubicle, WC and Handbasin.
Flat C (Ground Floor)
Kitchen
2.21m x 3.76m (7'3" x 12'4")Recently fitted with a range of wall and base units.
Lounge
4.34m x 3.33m (14'3" x 10'11")
Bedroom
3.40m x 3.38m (11'2" x 11'1")Front aspect.
Bathroom
Shower cubicle, WC and Handbasin.
Outside
Small rear courtyard garden area.
Tenure
Flat A EPC - Current Energy Rating D with Potential C 64/79 Council tax band A
Flat B EPC - Current Energy Rating D with Potential C 63/79 Council tax band A
Flat C EPC - Current Energy Rating F with Potential C 37/73 Council tax band A
5A Drill Hall Road is Freehold.
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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