Block of flats for sale in 1A Rockfield Street/34A Constance Street, Newport, Gwent NP19

For sale by online auction - Lot 59 - Investment opportunity
Bidding opens: 14/05/2024 12:00
Auction scheduled to end: 16/05/2024 18:46

online auction from 14th may-16th may

A block of two flats that occupies a corner position in a sought after residential location.

The flats both benefit from fitted kitchens and bathrooms and have been fully freshly decorated and carpeted, have UPVC double glazing and the first floor flat has gas central heating (not tested) and the ground has electric storage heating.

The flats have been previously let and enjoyed good occupancy levels and meet Rent Smart Wales specifications with hard wired smoke detectors and nic and gas certs (available in legal pack).

The current layout/configuration is ideal for buy to let however a developer may look to reconfigure the flats to offer two spacious units for sale separately in the future. The property is ideally situated for local amenities, shops and access to both Newport City Centre and the M4 motorway.

34a Constance Street: Entrance, lounge/kitchen, bedroom, shower room, w/c
1a Rockfield Road: Ground floor entrance hallway, lounge, kitchen, first floor (via stairs) landing, lounge, 2 bedrooms
Outside: Yard area with outside w/c

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession but should let at an approx. Annual rent of £16,88 - £17,500.

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.