A fantastic opportunity to purchase a four bedroom HMO 0.8 mile from Newport train station and 1 mile from Newport city centre. The property has a current HMO in place until 2024, however the property can be purchased with vacant possession to a residential owner occupier. The property can also be re-rented prior to completion, at an anticipated rent of circa £300 per room which would generate a healthy annual income of £14,400 and a 7.2% yield. Although the property could do with a slight upgrade where these figures could increase.
The accommodation is set over two floors and consists of an entrance hallway, three receptions, one liaising as a bedroom, kitchen, three double bedrooms and bathroom. The property benefits further from a new gas combi boiler, double glazing and enclosed rear garden. There are a scarcity or properties offering such potential and early viewings are encouraged.

ENTRANCE HALLWAY Double glazed door, hallway with access to all rooms, stair case to first floor

LOUNGE 14′ 10" x 13′ 1" (4.53m x 4.00m) Double glazed bay window to front, feature fire place, fitted carpet

BEDROOM FOUR 11′ 9" x 10′ 9" (3.60 m x 3.30m) Fitted carpet, double glazed window to rear, radiator

DINING ROOM 13′ 1" x 9′ 10" (4.00m x 3.00m) Double glazed window to side, radiator, fitted carpet, door to kitchen

KITCHEN 12′ 5" x 9′ 10" (3.80m x 3.00m) Roll top work surface with low level and eye level base units, mixer tap and drainer, space for fridge freezer and washing machine, electric hob and electric oven, double glazed window to rear, double glazed door to garden, tiled flooring and tiled splash back.

LANDING Access to all rooms, fitted carpet

BEDROOM ONE 11′ 5" x 10′ 9" (3.49m x 3.30m) Double glazed window to front, fitted carpet, radiator

BEDROOM TWO 11′ 9" x 10′ 9" (3.60m x 3.30m) Double glazed window to rear, fitted carpet, radiator

BEDROOM THREE 13′ 11" x 9′ 10" (4.26m x 3.00m) Double glazed window, fitted carpet, radiator

BATHROOM Three piece white bathroom suite including panelled bath with shower over, pedestal wash hand basin and low level WC, tiled floor and splash back, frosted double glazed window.