Summary - 66 Stow Hill, Newport, Gwent, NP20 4DW NP20 4DW
5 bed 4 bath Block of Apartments
Auction lot for investors seeking income and refurbishment potential in city centre.
Freehold five-flat Victorian conversion in city-centre location
A five-flat Victorian conversion in central Newport offered freehold and sold via unconditional online auction. The building, converted around 1980, comprises three one-bedroom flats and one two-bedroom flat across basement to top floor, plus a generous level rear garden. Three flats currently generate rental income totalling £1,500 pcm; one flat is vacant and offers immediate re-letting or refurbishment potential.
The block needs renovation and updating throughout; EPCs range from C to E and some flats would benefit from modernisation to maximise rents. Prospective buyers should note the property may require an HMO licence or building-control sign-off for multi-occupancy use. On-street parking only; permit availability should be checked with the local authority.
This is a clear investor opportunity in a city-centre location with excellent transport links and local amenities nearby. The area shows high crime and very high deprivation indices, which will influence tenant demand and management approach. The sale attracts a buyer’s premium at auction and is offered with no conditional sale requirements on the auction date.
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