66 Stow Hill, Newport, Gwent, NP20 4DW
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Read more Read moreA traditional period property situated in the heart of Newport city centre, comprising four self-contained flats arranged over four storeys. Converted circa 1980, the property now offers three one-bedroom flats and one two-bedroom flat, with the ground floor benefitting from a large level rear garden area. Conveniently located within a short walk of Newport city centre, the property enjoys easy access to a wide range of shops, restaurants, and leisure facilities, along with excellent transport links via nearby bus services and Newport railway station. Permit parking may be available in the area (interested parties are advised to check with the local authority). The accommodation is generously proportioned throughout, though would benefit from some updating. Three of the four flats are currently let, presenting an excellent opportunity for an investor to further improve and maximise rental income. This property offers superb potential as a high-yielding investment in a prime city centre location. Accommodation Basement Flat - Entrance hallway, living/dining room, kitchen, bathroom, bedroom (EPC RATING: C) Ground Floor Flat - Entrance hallway, living room, bathroom, kitchen/dining room, bedroom (EPC RATING: D) First Floor Flat - Entrance hallway, living room, bedroom 1, bathroom, kitchen/dining room, bedroom 2 (EPC RATING: C) Top Floor Flat - Entrance hallway, living room, bathroom, kitchen, bedroom (EPC RATING: E) Outside - Forecourt and level rear garden area Tenancy Details Basement Flat - Let subject to an occupational contract at £400 per calendar month Ground Floor Flat - Let subject to an occupational contract at £750 per calendar month First Floor Flat - Vacant (to be sold with vacant possession) Top Floor Flat - Let subject to an occupational contract at £350 per calendar month Tenure Tenure is advised as Freehold Auction Fees And Additional Costs The purchaser will be charged a buyers premium of 1.20 % of the sale price with a minimum fee of £995 inc. VAT Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty. Please check accompanying legal pack for further details.
