Summary - PENMORFA, WEST STREET SA42 0TD
3 bed 2 bath Terraced
Split annexe and maisonette with garage, sold chain free and income-ready.
Self-contained ground-floor annexe with separate WC and bathroom
A versatile mid-terrace in Newport with a self-contained ground-floor annexe and a 1st/2nd-floor three-bedroom maisonette. The maisonette is currently run as an AirBnB and can be sold fully furnished, offering immediate income potential for a buyer seeking a turnkey let. The annexe and maisonette each have gas central heating and there is roof insulation and mainly double glazing.
The property includes a sizeable integral garage and forecourt parking plus an enclosed rear patio garden with flowering shrubs — useful for storage, parking and outdoor space in a village setting inside the Pembrokeshire Coast National Park. Room sizes are generous for a terraced building and the upper bedrooms have Velux windows with coastal views over Newport Bay.
Practical realities: the ground-floor annexe requires modernisation and the Worcester boiler in the annexe is noted as requiring attention. The building is partly single glazed and constructed of older stone/brick with assumed wall construction and limited insulation. Broadband speeds are slow and the local area scores high for deprivation, which may affect long-term rental demand or resale timing.
This property will suit an investor looking for a split-use asset with immediate holiday-let income and scope to add value by modernising the annexe, or a family seeking multi-generational accommodation with separate ground-floor space. No onward chain and offered freehold — early inspection advised to assess refurbishment scope and income prospects.
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