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2 bedroom terraced house for sale
Richmond Road, Newport, NP19
£258,950
Richmond Road, Newport, NP19
£258,950
Our Summary
- Whether you are a seasoned investor or a first-time landlord, this property has the potential to generate a lucrative rental income and is a valuable addition to any property portfolio
- Plenty Of Potential
Description
This Victorian house offers a fantastic investment opportunity, with two one-bedroom flats already rented out to long-term tenants. Situated in a prime location, the property boasts easy access to transport links, the M4, and Newport City Centre, as well as local amenities. Each flat features a living room, modern fitted kitchen, and spacious rooms, providing a comfortable living environment for tenants. The ground floor flat benefits from a private garden, perfect for relaxing or entertaining outdoors. With a mix of urban convenience and suburban tranquility, the property offers a high standard of living with a touch of outdoor charm. The flats currently achieve £580 and £550 per month, respectively, but have the potential to increase to £750 and £650 per month, making it a lucrative buy-to-let investment for investors.