* Leasehold
* Investment property
* Tenant paying £575 pcm
* Total floor area 46 sq meters
* Walking distance to the city centre
* Walking distance to local amenities
* This is an investment opportunity
* Lovely view across the River Usk
* Viewing advised
* Door entry system.
* Council tax B
* calling all investors*
*investment property with tenant*.
Spacious 1 bedroom apartment set in this
lovely modern purpose built apartment
complex on Usk Way over looking the River Usk.
Walking distance of the city centre,
local amenities & excellent road links to the M4.
Viewing advised.
**Introduction**
We are pleased to offer for sale this modern 1 double bedroom apartment on Usk
Way within walking distance to Newport city centre. Bus and train stations.
The complex provides private parking, lifts to all floors, coffee shop and ice
cream parlour on the ground floor underneath the apartment complex. Light,
bright modern communal areas, exceptionally well maintained.
The apartment itself with inner hallway, door off to open plan kitchen /
dining / living space with balcony off, modern family bathroom with shower
over bath and double bedroom. The property comes with electric storage heating
throughout with modern contemporary kitchen.
Well maintained and presented apartment, calling investors - viewing advised
**Entrance Apartment**
Via front door into; -
**Inner Hallway**
Door entry system. Double doors to; -
**Utility Space**
Provisions for washing machine and tumble dryer etc. Further double doors to
large storage space.
**Kitchen - Living - Dining Space (4. 67m x 3. 73m (15' 04" x 12' 03"))**
Plastered and painted to ceiling and all walls, two electric heaters, upvc
double glazed patio doors to the balcony area.
Open plan kitchen off with breakfast bar area, ceramic tiled flooring
throughout, double glazed window to front. The kitchen is fitted with a range
of wall and base units, matching roll top food preparation surfaces, stainless
steel sink, integrated oven four ring electric hob, stainless steel splash
backs and extractor hood over. Inset low voltage lighting.
**Balcony (3. 10m x 1. 88m (10' 02" x 6' 02"))**
Glass balustrades with views over the river, patio slab flooring
**Bedroom (3. 73m x 3. 07m (12' 03" x 10' 01"))**
Double glazed window to front, electric storage heater, fitted wardrobe space
with mirrored sliding doors, providing storage and hanging space.
**Bathroom**
Panelled bath with glass shower screen, main shower over, wall mounted wash
hand basin, wc. Ceramic tiled flooring throughout, inset low voltage lighting,
extractor fan and wall mounted towel radiator.
**Summary**
The property is currently Let at £575 pcm = £6, 900 per annum 6% yield with a
potential rental valuation of £700 pcm = £8, 400 per annum 7. 5% yield.
The management fees are Approx £2, 460 p. a.

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