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Property Details

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Caerleon Road

£235,000

NP19 7BX, Maindee

Property Type: Block
Bedrooms 3

Description

** Luscombe and Co are delighted to present this *** Ideal Investment opportunity *** Situated a short distance of the City’s mainline train station. Ease of public access to from the locality with frequent bus and train services link to adjacent areas making it a perfect location to commute *

* The property comprises of 3 units all under 1 Freehold * To the Ground floor is a Retail Unit and 1 Bedroom Apartment * To the First floor is a 2 Bedroom Apartment with Roof Top Terrace *

At present, the property is achieving the following income

-£2,000 annual income from the solar panels
-£550 pcm rental income from the retail unit
-£500 pcm rental income from the 1 bedroom flat
-£500 pcm rental income from the 2 bedroom flat

Retail Unit
At present, the retail unit has a tenancy agreed, however, the space comprises of full window front, reception area, back storage room with secondary entrance onto the road allowing for deliveries. The property further benefits from a small kitchenette and WC.
On street parking is available for both clients and tenants

1 Bedroom Apartment
At present, this unit has a tenancy agreed, however, the space comprises of spacious open plan kitchen/living room
On street parking is available for tenants.

2 Bedroom Apartment
This property is on the rental marked with the aim to achieve £550pcm. This spacious 2 bedroom property has a separate kitchen, living/dining room, 2 double bedrooms, and shower room.

The property further benefits from a roof terrace. On street parking is available

Map

Walk Score

View More Details

85/100

Very Walkable

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28 Properties
Contact Agent

Contact Luscombe

Superstar Agents

[email protected]

01633 265222

01633 265222

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