* Leasehold
* 5x studio flats
* Tenants in situ
* Off - road parking
* Communal garden
* Sought after area
* Close to the M4
* Excellent road links to the city centre
* Fantastic investment opportunity
**Overview**
Excellent investment opportunity to purchase five studio flats in the sought
after location of Maesglas. Each studio flat features a spacious bedroom/
living room, a kitchen, bathroom, and the building has off - road parking. The
flats are all being sold with tenants in situ achieving rents between £330pcm
to £460pcm. Located a stone's throw away from Tredegar Park, the property has
excellent road links to the M4 at Junction 28 and to Newport City Centre via
either Cardiff Road or the A48. The property is popular with tenants working
in the nearby business parks around Duffryn. The building has eight flats in
total, and five of these are available for sale. All five flats are being sold
with tenants in situ paying rents ranging from £330pcm to £460pcm. Each flat
comprises of an open plan bedroom/ living room, a kitchen, and a bathroom.
There is a small car park next to the flat for use by the residents.
Leasehold Information
Number of years remaining on the lease: 79 years
Current ground rent and any review period:
\ - £200 per year
\ - 1 year
Current service charge and any review period:
\ - £165 per year
\ - 1 year
Council tax band: A

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