GUIDE PRICE £125,000 - £150,000
We are delighted to present this outstanding opportunity to acquire a mixed-use investment property situated in the heart of Newport, offering rental income from both commercial and residential accommodation. This attractive mid-terrace property presents an ideal addition to any investor's portfolio, combining strong yields with future potential in one of South Wales' fastest-growing cities.
Positioned within the heart of Newport, the property enjoys excellent access to the city's thriving retail, business and transport links. Newport continues to experience significant regeneration and investment, making it an increasingly desirable location for both commercial occupiers and residential tenants. With strong rental demand and excellent connectivity to Cardiff, Bristol and the M4 motorway, this represents an exceptional long-term investment opportunity.
The lower ground floor comprises a well-positioned commercial unit currently generating between £800 and £1,000 per calendar month, while the self-contained one-bedroom apartment above produces approximately £800 per calendar month. Together, the property delivers a combined rental income of approximately £1,600–£1,800 per calendar month, equating to an annual income of £19,200–£21,600.
Offered with full planning permission already granted for the approved conversion, the property benefits from the reassurance that all relevant surveys and searches have been completed, providing buyers with confidence and helping to streamline the purchasing process. (Planning Reference: 26/0052)
The property offers an impressive gross rental yield of approximately 14.2%–16.0%, making it an attractive proposition for investors seeking strong returns and immediate income.
Agents note: The current owner has unknown knowledge of the property, and therefore we would inform interested parties to rely on their own inspections, searches and surveys.
Commercial EPC: C
All services and mains water are connected to the property.
In accordance with the estate agents act 1979, we must advise that the vendor of this property is a an Agent at Number One Real Estate.
Please contact us for more information or to arrange a viewing.