Golden Mile View, Newport, South Wales, NP20

Pure Investor are delighted to bring to the market this 2-bedroom top floor apartment in Newport, South Wales. The apartment comes with a tenant in situ who is contracted till Feb 2024 and ideally would like to stay in the property for the foreseeable future. A buyer though would have the option to extend the contract or find a new tenant once they purchase and the tenancy ends. Currently managed by Haart letting agency, Newport they have confirmed they have had no issues with the current tenant since moving they moved in, in 2021. The apartment comes with 2 double bedrooms, family bathroom, separate kitchen space and a good-sized dining / living room. Property has gas central heating throughout and does not need a EWS1 cert has below the regulation height for this to applicable.

FULL ADDRESS: 6 Darran House, Newport NP20 3PB
Leasehold
105 years remaining
SERVICE CHARGE £1,680.00 per annum
GROUND RENT £150.00 per annum


Reasons to invest in Newport:
* Growing population: Newport has a growing population, which can lead to increased demand for rental properties resulting in rental prices increasing.
* Strong economy: Newport is home to several large employers, which can help to support the local economy and property market.
* Potential for capital appreciation: Property prices in Newport have been rising in recent years, which could potentially lead to capital appreciation for investors.
* Good connectivity: Newport is well connected to other parts of Wales and the UK, with good road and rail links, which can make it an attractive location for tenants.
* Tourist attraction: Newport is a city that has a rich history and culture, it also has a good amount of tourist attraction, which can be a good source of rental income as well.

Large companies based near Newport.
* Admiral Group - 20 miles from Newport
* Fujitsu - 40 miles from Newport
* GE Aviation - 30 miles from Newport
* Hodge Bank - 20 miles from Newport
* TATA Steel - 25 mile from Newport
* Airbus - 40 miles from Airbus

Transport links near location.
* M4 motorway, which connects Newport to Bristol, London, and other major cities in the UK.
* Newport railway station is located about 3 miles from NP20 3PB and has regular services to destinations such as Cardiff, Bristol, London, and other cities in the UK.
* There are several bus routes that operate in and around NP20 3PB, connecting the area to other parts of Newport and the surrounding region.
* Bristol Airport is located about 40 miles from NP20 3PB and provides regular flights to destinations across the UK and Europe.