Summary - 43 DEVON PLACE NEWPORT NP20 4NU
5 bed 2 bath Terraced
Licensed five-bed HMO opposite Newport Central Station — immediate rental income potential..
HMO licence in place for five double bedrooms, ready to let
Opposite Newport Central Station — excellent transport links
Two bathrooms, communal living room, open-plan kitchen/diner
Basement storage and small rear garden; city-centre plot
Victorian period features and high ceilings; scope for refurbishment
Cavity walls assumed uninsulated; energy upgrades likely required
Area very deprived overall; mixed local demographic nearby
Freehold, built 1930–1949, no flood risk, fast broadband
This five-double-bedroom mid-terrace in Newport is a ready-made income property with an HMO licence in place and immediate letting potential. The layout includes generous communal spaces, two bathrooms, a basement for storage and a rear garden — practical features for multi-occupancy households. Its location directly opposite Newport Central Station and close to city-centre amenities supports strong rental demand and convenient transport links.
The house retains period character — bay window, high ceilings and a Victorian hallway — but will benefit from targeted maintenance and updating. Cavity walls were built without insulation (assumed) and double glazing installation date is unknown; buyers should budget for energy-efficiency improvements and general refurbishment to modern standards. The property is on freehold tenure and was constructed between 1930–1949.
Note the wider area indicators: the immediate locality shows mixed socio-economic signals (classified as very deprived overall, with nearby professional populations and communal-retirement classification). Crime levels are average; broadband and mobile signals are strong. The small garden and compact plot fit city-centre living but limit outdoor space and expansion potential.
For investors this is a turnkey HMO opportunity: licensed, configured for five doubles and positioned for steady occupancy. For buyers seeking a self-occupy or refurbishment project, the house offers period features and clear scope for value uplift through insulation, cosmetic updates and modern heating/efficiency upgrades.
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