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Leasehold

£60,000

Studio for sale

St. Brides Gardens, Newport NP20
1 bed
1 bath
1 reception
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£60,000

Studio for sale
St. Brides Gardens, Newport NP20

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

Leasehold

About this property

  • Studio flat

  • 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

Excellent investment opportunity to purchase this studio flat in the sought-after location of Maesglas. The studio flat features a spacious bedroom/ living room, a kitchen, bathroom, along with off-road parking. The studio flat is being sold with tenants in situ achieving rent of £580pcm each.

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. 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.

EPC Rating: C

More information

  • Tenure

    Leasehold (75 years)

  • Service charge

    £66 per year

  • Council tax band

    A

  • Ground rent

    £172

  • Ground rent date of next review

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