£239,000 /Sale price

For sale by online, unconditional auction on 08/10/2025 18:55 Guide Price: £239,000+ INVESTMENT OPPORTUNITY We are pleased to offer this superb investment opportunity in the heart of Newport a fully tenanted 5-bedroom HMO located in Powells Place. This recently renovated property is finished to a high standard throughout and is ready to generate immediate income from day one. Set in a highly convenient location, the property is just a short walk from Newport's main shopping area, offering a wide selection of amenities, shops, cafes, and restaurants. Excellent transport links are within easy reach, including Newport Bus Station and Newport Railway Station, making it an ideal choice for professional tenants and commuters. Each of the five rooms is currently occupied, offering a strong and consistent rental yield in an area with high tenant demand. The property has been thoughtfully updated and maintained to a high standard, ensuring minimal void periods and long-term rental appeal. The property is fully furnished with modern fittings. It fully conforms to all current HMO licensing and safety requirements, providing peace of mind for landlords and tenants alike. Further benefits include gas central heating, double-glazed windows, permit parking to the front of the property, and a bike shed to the rear. This is a turn-key investment opportunity in a thriving rental market ideal for both new and experienced landlords. Accommodation Ground Floor - Entrance Hallway, Kitchen/Dining Room, Shower-room, 2-bedrooms First Floor - Landing, 3-bedrooms, Shower-room Outside - Low maintenance concrete yard to rear Tenancy Details Room 1 - £475 Per Calendar Month (£5700 Per Annum) Room 2 - £500 Per Calendar Month (£6000 Per Annum) Room 3 - £600 Per Calendar Month (£6900 Per Annum) Room 4- £500 Per Calendar Month (£7200 Per Annum) Room 5 - £450 Per Calendar Month (£5400 Per Annum) Tenure Tenure is advised as Freehold Applicable Fees Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at inc. VAT of the final sale price (subject to a minimum of inc. VAT).