St. Stephens Road, Newport NP202JJ
Size: sqm
Purchase price
£140,000
Size: sqm
Tenanted
Gross rent | £6,000 |
Net income | £6,000 |
Gross yield | 4.29% |
Net yield | 4.29% |
This excellent end terraced property generates a fantastic 4% NET yield which has potential to increase and briefly compromises of an entrance hallway; an extremely spacious open plan living and dining area with bay fronted windows; three well presented bedrooms; a family bathroom; a fully fitted kitchen and a converted loft room ideal for storage. To the rear of the property there is a summer room and a low maintenance patio garden.
Newport is a vibrant Welsh city with a fast-growing population and an increasing demand for housing. It stands as the gateway between England and Wales and is surrounded by beautiful countryside such as the Wye Valley, the Brecon Beacons and the Forest of Dean. It boasts unbeatable transport links making it ideal for commuters with direct rail services to Cardiff, Swansea, Manchester, Birmingham, Holyhead, Nottingham, Birmingham and Bristol and London. Sold prices in Newport over the last year increased by 6% on the previous year and a fantastic 11% from 2019 which means it makes a great choice for property investment.
The city has undergone a major revamp over the last decade with the transformation of Newport shopping centre and bus station and extensive regeneration projects are underway to build on those successes. Plans include a new £19.7million leisure centre, £17 million to transform landmark city centre buildings into accommodation and commercial space and a multimillion-pound redevelopment of Chartist Tower to provide 30,000 sq ft of office space and 18,000 sq ft of retail space which will encourage growth, create jobs and encourage the demand for rental properties. Enquire today to discuss this brilliant investment opportunity.
EXCELLENT INVESTMENT OPPORTUNITY GENERATING A 4% NET YIELD! A wonderful 3 bedroom end terraced property in the heart of Newport. Enquire today to find out more.
Interested in this property? Enquire today for more information
Key features
TENANTED INVESTMENT OPPORTUNITY
4% NET YIELD WITH POTENTIAL TO INCREASE
FREEHOLD
END TERRACE
3 BEDROOMS
MODERN FULLY-FITTED KITCHEN
FAMILY BATHROOM
CONVERTED LOFT STORAGE SPACE
Freehold
EXCELLENT INVESTMENT OPPORTUNITY GENERATING A 4% NET YIELD! A wonderful 3 bedroom end terraced property in the heart of Newport. Enquire today to find out more. More info... Less info...
This excellent end terraced property generates a fantastic 4% NET yield which has potential to increase and briefly compromises of an entrance hallway; an extremely spacious open plan living and dining area with bay fronted windows; three well presented bedrooms; a family bathroom; a fully fitted kitchen and a converted loft room ideal for storage. To the rear of the property there is a summer room and a low maintenance patio garden.
Newport is a vibrant Welsh city with a fast-growing population and an increasing demand for housing. It stands as the gateway between England and Wales and is surrounded by beautiful countryside such as the Wye Valley, the Brecon Beacons and the Forest of Dean. It boasts unbeatable transport links making it ideal for commuters with direct rail services to Cardiff, Swansea, Manchester, Birmingham, Holyhead, Nottingham, Birmingham and Bristol and London. Sold prices in Newport over the last year increased by 6% on the previous year and a fantastic 11% from 2019 which means it makes a great choice for property investment.
The city has undergone a major revamp over the last decade with the transformation of Newport shopping centre and bus station and extensive regeneration projects are underway to build on those successes. Plans include a new £19.7million leisure centre, £17 million to transform landmark city centre buildings into accommodation and commercial space and a multimillion-pound redevelopment of Chartist Tower to provide 30,000 sq ft of office space and 18,000 sq ft of retail space which will encourage growth, create jobs and encourage the demand for rental properties. Enquire today to discuss this brilliant investment opportunity.
Freehold
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
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© 2022 yieldit | Privacy Policy | Terms & Conditions | Complaints Procedure
yieldit is a company registered in England and Wales. Registered number: 5236745.