Summary - HMO Development/Investment/Office Space Opportunity - Commercial Street, Newport NP20 1JN
6 bed 6 bath Residential Development
**Standout Features:**
- Prime location in Newport City Centre.
- Planning permission for conversion into a 6-bed HMO (6 x 1 double bedrooms with ensuite).
- Previously used as high-end office space; potential for immediate commercial use.
- Vacant possession with no chain; 125 years leasehold.
- Excellent transport links: 1-minute walk to main train station, near M4 motorway.
- Surrounded by amenities including shops, restaurants, and leisure facilities.
**Summary:**
Discover an exceptional investment opportunity in the vibrant heart of Newport City Centre. This unique, character-filled leasehold property boasts planning permission (Ref. No: 22/0794) for a 6-bed HMO, providing the perfect chance for investors and developers to capitalize on strong rental yields. The spacious interior, previously utilized as upscale office space, offers an immediate option for commercial use, enhancing its versatility. Just a stone's throw from the bustling Friars Walk shopping mall and the newly refurbished Indoor Market, you'll find yourself surrounded by a plethora of amenities and with excellent transport links to Cardiff and Bristol.
With no chain and vacant possession, this property is ready for its next chapter. While it provides an array of exciting opportunities, potential buyers should be aware of the service charge of £1,045.71. If you're looking for a property that combines potential with location, act fast—this standout offering won't be on the market for long!
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