Block of flats for sale in 2 Godfrey Road, Newport, Newport NP20

For sale by online auction - Lot 19 - HMO investment X 4 Flats
Bidding opens: 18/06/2024 12:00
Auction scheduled to end: 20/06/2024 17:35

online auction from 18th june-20th June

This mid terraced property consists of 4 self- contained flats all currently let on an HMO licence. The property is in a sought after area being near the Civic Centre, railway station and town centre. The accommodation is situated over 3 floors and currently achieves £1,566 pcm, £18,792 per annum. Two of the long term tenants have indicated they would very much like to stay.

Newport is a rapidly emerging desirable living destination, a city and county borough in Wales, situated on the River Usk close to its confluence with the Severn Estuary, 12 mi (19 km) northeast of Cardiff. Newport is the third-largest authority with city status in Wales and has seen extensive re-generation in recent years. Excellent rail and M4 transport links to Bristol, Cardiff and London.

Virtual tour

Accommodation via a communal hallway

Ground Floor
Flat 1 (£396 pcm)
Open plan lounge/kitchen/dining area, bedroom, shower room
Flat 2 (£300pcm)
Lounge, kitchen, shower room, bedroom with door to courtyard (sole use)

First Floor
Flat 3 (£375pcm)
Open plan lounge/kitchen, shower room, bedroom

First and second floor (Maisonette -£495pcm)
Flat 4 Kitchen/dining room, lounge, 2bedrooms, shower room

Outside:Front forecourt, rear courtyard area (Flat 2 sole use)

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
The property is let at £1,566 pcm (£18,792 p/a)

investors: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email for invaluable advice.