Initial price	£450,000
01/02/25	£400,000
Price Change	-11.11%

This exceptional 4-storey property is a rare investment opportunity in the heart of Newport's city centre. The building, which currently has two retail areas on the ground floor and characterful spaces on the upper floors, has planning permission to be converted into 13 flats, offering potential for exceptional returns. The property is located on a busy street, directly opposite the newly refurbished Indoor Market and Friars Walk shopping mall, with a high footfall and surrounded by major outlets. With its close proximity to the central train station and M4 motorway, the property offers excellent transport links to Cardiff, Bristol, and surrounding areas. The property requires development and upgrading, but its potential and flexibility make it an attractive opportunity for investors, developers, and owner occupiers. With a guide price of £400,000-£450,000 and flexible purchase options available, the agents highly recommend viewing to fully appreciate this exceptional property.