This three-bedroom property presents a promising opportunity in the desirable Baneswell area of Newport. Conveniently situated, it offers quick access to the City Centre, which is home to a variety of amenities including shops, restaurants, and essential services.
The layout spans two floors, featuring a spacious living and dining area on the ground level, alongside a functional kitchen and a shower room. Upstairs, you will find three well-proportioned bedrooms. The property is equipped with a gas combination boiler and double glazing for added comfort. On-street permit parking is available in front of the home, although prospective buyers should confirm details with the local authority.
While the interior requires renovation, this provides an excellent chance for investors or homeowners looking to enhance value through refurbishment. Given the strong rental demand in Newport, post-renovation rental yields could reach approximately £1,000-£1,100 per month—significantly higher than the current tenancy rate of £700 per month.
Newport itself boasts robust transport links including central bus and railway stations, along with convenient access to major roadways and the M4 motorway at Junction 26.
Overall, this property not only has potential for immediate residential investment but also offers significant prospects for long-term appreciation through thoughtful upgrades and revitalization. The inclusion of a rear garden adds to its appeal as a family-friendly residence or an appealing rental option.
