High Street, Fleur De Lis, NP12
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
3
- BATHROOMS
3
- SIZE
1,635 sq ft
152 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Freehold block of three one-bed flats – ideal for investors
- Open-plan lounge/kitchen in each flat – modern living
- Basement flat boasts a large private rear garden
- Basement has private side access – added privacy
- Ground & first flats accessed via secure communal entrance
- Double bedroom & bath in each – consistent layout
- UPVC double glazing throughout – better insulation
- Gas central heating in all apartments – tenant appeal
- Short drive to Ysbyty Ystrad Fawr & local primary school
- FULLY VACANT and NO ONWARD CHAIN – ready to let
Description
Introduction & Investment Overview
Welcome to 38 High Street, Fleur de Lis, Blackwood NP12 3UE – a unique investment opportunity comprising a freehold block of three self contained one bed flats. With strong rental demand in the area, this property promises solid returns, strong tenant interest, and the convenience of being offered vacant and with no onward chain – ideal for both seasoned landlords and first-time investors.
Property Layout & Configuration
The block comprises three mirror-image flats, each thoughtfully designed to maximise space and rental appeal:
Basement Flat: Enjoys private side access through a gated entrance, leading into an open-plan lounge and kitchen. There’s a well-proportioned double bedroom and a bathroom. This flat also benefits from a large private rear garden, perfect for tenants wanting outdoor space in town.
Ground Floor Flat: Accessed via a secure, communal entrance hall, this flat features an open-plan living/dining area with fitted kitchen, a double bedroom and bathroom. UPVC double glazing and gas central heating add tenant comfort.
First Floor Flat: Identical in layout and specification to the ground floor, accessed via the same communal entrance.
Key Features & Tenant Benefits
Open Plan Layout: Modern living space, maximising natural light and functional design.
Double Bedrooms & Bathrooms: Consistent offering across all three flats, simplifying furnishing and letting.
Basement Private Garden & Access: Unique appeal – outdoor space and separate entrance enhance privacy and attract tenants.
Communal Access: Shared entrance for ground and first floor provides security and a sense of community.
UPVC Double Glazing & Gas Central Heating: Improved insulation and tenant comfort—cost-effective and appealing.
Vacant and No Chain: Acquirers can take immediate control and begin managing or letting the flats without delay.
Location & Local Amenities
Situated on High Street in the historic community of Fleur de Lis, the block is surrounded by everyday conveniences: local shops, eateries, and transport links. A short drive brings you to Ysbyty Ystrad Fawr, providing potential interest from healthcare professionals or contract staff. The proximity to Blackwood Primary School also enhances appeal to young professionals or tenants with future starting families.
Nearby transport routes include the A472 and A467, providing quick access to Blackwood, Caerphilly, and Newport. Regular public transport services further increase lettability.
Rental Potential & Yield
The rental yield here is compelling. Based on market comparables:
Ground and First Floor Flat: circa £625 - £675pcm each
Basement Flat (with garden): £725 - £775pcm
Fully-let income potential:
Approximately £2,075 per calendar month (£24,900 annually). With an estimate purchase price of £180,000 boasts the possibility of a gross yield of 13.8% an attractive return by current market standards.
Final Summary
38 High Street offers a rare combination of rental yield, turnkey convenience, and location quality — ready for immediate letting or resale. With no chain and vacant possession, the block allows quick execution and returns. A rare find for both individual and portfolio landlords.
Contact Harry Harper Sales & Lettings in Cardiff today to arrange a viewing or request a full investment pack.
EPC Rating: D
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Rear garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
High Street, Fleur De Lis, NP12
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About Harry Harper Sales & Lettings, Cathays
85 Cathays Terrace Cathays Cardiff CF24 4HT
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Visit our security centre to find out moreDisclaimer - Property reference 778d4a8d-4cdd-433c-af40-f6832dc98f3c. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harry Harper Sales & Lettings, Cathays. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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