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Get brand editions for Proceed Property Limited, Chepstow

Upper Nelson Street, Chepstow, NP16 5

Floorplan 1
1

Key features

  • CHAIN FREE
  • SUCCESSFUL RENTAL
  • IDEAL FIRST TIME PURCHASE
  • STUDIO
  • PREVIOUS RENTAL INCOME £600PCM

Description

A fantastic opportunity to acquire a studio apartment in the heart of Chepstow town centre, offered to the market at £120,000.

Previously operated as a successful rental property, the studio has achieved £600 per calendar month, providing an attractive rental history. With some modernisation and cosmetic improvements, there is potential to increase the rental income further, making this an appealing option for both investors and owner-occupiers.

The property offers a good-sized kitchen, a generous bedroom/living area providing plenty of versatile space, and a well-proportioned bathroom.

Its central location places you within easy reach of Chepstow's shops, restaurants, cafés, pubs and local amenities, while also offering excellent transport links for commuters.

Potential to Purchase Both

An exciting additional opportunity exists, as the owner is also considering selling the similar adjoining property. For buyers interested in expanding their investment, the owner would be open to discussing a deal for the purchase of both properties.

With a proven rental history, scope for improvement and an excellent town-centre location, this represents a great investment opportunity at an attractive price point
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Upper Nelson Street, Chepstow, NP16 5

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Affordability

Monthly repayments£602
Property: £ 120,000
Deposit: £ 12,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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Get brand editions for Proceed Property Limited, Chepstow

About Proceed Property Limited, Chepstow

Unit 3, Old Bell Chambers, Riflemans Way, Chepstow, Monmouthshire, NP16 5EJ
Industry affiliations:

Proceed Property Limited is an independent Estate and Letting Agency covering Chepstow, Lydney, North Bristol and surrounding areas.

A forward-thinking business based on traditional values, we always strive to be at the forefront of the property market and invest heavily to ensure that your property gets the highest amount of market exposure to provide you with quality viewings and strong offers.

By combining the old Estate Agency model with a fresh approach and some of the best marketing strategies out there, we are confident in our approach that will get your home sold for the best price!

Whether you are selling or buying a property, a landlord seeking responsible, quality tenants or a tenant searching for a new home, we are here to help. Our experienced, professional, and friendly staff, combined with extensive local knowledge ensure that we provide a service that is second to none.

We are fully up to date with ever-changing tenancy law and government legislation. In addition, we are constantly developing new marketing strategies to increase your property's visibility to potential buyers. Together with our attention to detail and conscientious attitude, we have the experience, resources, and skills to deliver the kind of services that landlords, tenants, buyers, and sellers require and deserve.

If you require further information or advice please do not hesitate to contact us. We look forward to hearing from you!

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Disclaimer - Property reference RX827694. 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 Proceed Property Limited, Chepstow. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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