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Commercial Street, Newport Terraced house for sale
Commercial Street, Newport
£225,000
Commercial Street, Newport
£225,000
Our Summary
- *Exceptional Investment Opportunity*
- Benefitting from a 9 year lease on the shops space and with huge potential to increase, adapt & develop the remaining areas of the building both inside and outside make this an ideal opportunity for a strong initial return as well as huge potential for future growth
- A Fantastic Investment Opportunity In The Heart Of Newport City Centre
- Potential To Convert To Flats/Other Use
- Good Current Yields But Huge Potential On Offer Also To Increase Both Capital & Rental Income
- Possibility To Develop & Maximise Further Subject To Planning
- Good Current Yields But Huge Potential On Offer Also To Increase Both Capital & Rental Income
- Possibility To Develop & Maximise Further Subject To Planning
Description
This exceptional investment opportunity is a large, characterful building with a ground-floor commercial unit, three residential floors, a spacious basement, and off-road parking. The property is tenanted for 9 years, providing a strong initial return, and has huge potential for development and growth. Located in the heart of Newport city centre, it benefits from excellent transport links, a high footfall, and proximity to the Royal Gwent hospital, leisure facilities, and shopping malls. With a guide price of £225,000 to £255,000, this property offers a unique chance for investors and developers to capitalize on its potential and reap significant rewards.