Terraced house for sale
Key information
Property description & features
- A Fantastic Investment Opportunity In The Heart Of Newport City Centre. Mixed Use. Shop & Residential. Prominent High Foot & Traffic Flow.
- Good Current Yields But Huge Potential On Offer Also To Increase Both Capital & Rental Income. Possibility To Develop & Maximise Further Subject To Planning.
- 9 Years FRI Lease For The Shop (Diamond Nails). Currently £14,000 PA. Residential Currently Just £3,000 PA. Huge Opportunity To Increase.
- A Good Size Shop Space. 3 Stories Of Residential Above. Potential To Convert To Flats/Other Use?. A Very Large Basement Running The Length Of The Ground Floor
- Rear Access & Off Road Parking For Several Vehicles.
- *no chain*
The property is located just a short walk from the newly refurbished & reopened Indoor Market & the Friars Walk shopping mall in a highly desirable location on one of Newports busiest streets in the heart of the city centre. A 2-minute walk to the main central train station and short drive to the M4 motorway giving excellent transport links to Cardiff, Bristol & surrounding areas the property further boasts a high foot fall and very close proximity to the Royal Gwent hospital, leisure facilities and all that you'd expect from a city centre position.
Tenure: Freehold
Places of interest
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Property reference 12559795. 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.
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Broadband availability and predicted speed: obtained from Ofcom on February 8, 2024
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 February 8, 2024
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
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