Property photos
Leasehold
£275,000
5 bed flat for sale
St. Brides Gardens, Newport NP205 beds
5 baths
5 receptions
EPC rating: C
Key Information
Tenure:
Leasehold
Time remaining on lease:
78 years
Service charge:
£165
Council tax band:
A
Ground rent:
£430
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- St David's R.C. Junior & Infants School 0.2 miles
- Tredegar Park Primary School 0.3 miles
- Pye Corner 1.2 miles
- Newport (South Wales) 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- 5x studio flats
- Tenants in situ
- Off-road parking
- Communal garden
- Sought after area
- Close to the M4
- Excellent road links to the city centre
- Fantastic investment opportunity
Overview
Excellent investment opportunity to purchase five studio flats in the sought after location of Maesglas. Each studio flat features a spacious bedroom/ living room, a kitchen, bathroom, and the building has off-road parking. The flats are all being sold with tenants in situ achieving rents between £330pcm to £460pcm. Located a stone's throw away from Tredegar Park, the property has excellent road links to the M4 at Junction 28 and to Newport City Centre via either Cardiff Road or the A48. The property is popular with tenants working in the nearby business parks around Duffryn. The building has eight flats in total, and five of these are available for sale. All five flats are being sold with tenants in situ paying rents ranging from £330pcm to £460pcm. Each flat comprises of an open plan bedroom/ living room, a kitchen, and a bathroom. There is a small car park next to the flat for use by the residents.
Leasehold Information
Number of years remaining on the lease: 79 years
Current ground rent and any review period:
- £430 per year
- 1 year
Current service charge and any review period:
- £165 per year
- 1 year
Council tax band: A
Excellent investment opportunity to purchase five studio flats in the sought after location of Maesglas. Each studio flat features a spacious bedroom/ living room, a kitchen, bathroom, and the building has off-road parking. The flats are all being sold with tenants in situ achieving rents between £330pcm to £460pcm. Located a stone's throw away from Tredegar Park, the property has excellent road links to the M4 at Junction 28 and to Newport City Centre via either Cardiff Road or the A48. The property is popular with tenants working in the nearby business parks around Duffryn. The building has eight flats in total, and five of these are available for sale. All five flats are being sold with tenants in situ paying rents ranging from £330pcm to £460pcm. Each flat comprises of an open plan bedroom/ living room, a kitchen, and a bathroom. There is a small car park next to the flat for use by the residents.
Leasehold Information
Number of years remaining on the lease: 79 years
Current ground rent and any review period:
- £430 per year
- 1 year
Current service charge and any review period:
- £165 per year
- 1 year
Council tax band: A
There are some planning applications within 0.5 miles of this home
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Floor plans and tours
Floor plans (1)
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Listed by
Bluestone Sales & lettings
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