Mixed use for sale

Oakfield Road. HMO & 2 FLATS

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01633 371893

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Mixed use

7 bed

0 bath

EPC rating: D*

2,938 sq ft / 273 sq m

Property description & features

Exceptional Investment Opportunity. HMO. 5 Rooms + 2 x 1 Bed Flats.
Highly Desirable City Centre Location.
Currently Fully Occupied/Let With A Strong Yield (£50,000+ Income) & The Possibility Of Further Increases
Off Road Parking & A Large Attractive Rear Garden Area
Communal Shower Rooms/WC'S & Laundry Room
Good Condition Throughout With Further Potential To Develop & Improve Current Layout.
Close To All Local Amenities, Shops, Restaurants & All That The City Centre Offers
Excellent Transport Links Via M4 Motorway & High Speed Rail To Bristol, Cardiff & Surrounding Areas

*Exceptional Investment Opportunity* Strong Yield (£50,000+ Income) With Potential For Increase* Fully Let With Some Long Term Tenants* HMO 5 Rooms + 2 X 1Bed Flats*. Set on a highly desirable centrally located street in the increasingly popular city of Newport is this large 3 storey semi detached HMO offering high yields, current full occupancy and the scope for further improvements both financially and structurally making this an ideal & exceptional Investment opportunity. With a double driveway to the front and large rear gardens the property is made up of 5 open plan studio rooms which share communal shower, toilet & laundry facilities and 2 self contained good size 1 bedroom flats to the ground & top floors. In good condition throughout and well maintained the agents advise early enquiries so as not to miss out.

Council Tax Band: E
Tenure: Freehold

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Places of interest

Red Dragon Estates - Newport

70 Bridge Street Newport NP20 4AQ

01633 371893

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What is your home worth?

Red Dragon Estates is an Independent Estate, Letting and Property Management Agency, based on Bridge Street in Newport City Centre. With over 30 years in the property Industry, we recognise that the quality of service is essential to success! Red Dragon Estates always strives to ensure that the needs of our Clients come first and our friendly and professional team are always on hand to help. We don’t believe everything new is good and so we embrace the latest technology and invest heavily in other forms of advertising to ensure maximum results for our Clients. We also pride ourselves on to the traditional way we do business and this is what sets us apart from our competitors. Whether selling or letting, buying or renting, you can be assured that the team at Red Dragon Estates will do everything they can to ensure a smooth transaction.

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*DISCLAIMER

Property reference 11609906. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Red Dragon Estates - Newport.

OnTheMarket may have applied supplementary data to this property listing, including:

Broadband availability and predicted speed: obtained from Ofcom on April 7, 2022

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

Mobile phone signal availability and predicted strength: obtained from Ofcom on April 7, 2022

Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

Energy Performance data and Internal floor area: obtained on January 15, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

*Call rate information

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.