Commercial Street, Newport Terraced house for sale

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Commercial Street, Newport Terraced house for sale

Commercial Street, Newport
£225,000

Price History

Initial price £259,950
16/01/25 £245,000
22/02/25 £225,000
Price Change -13.44%

Description

This exceptional investment opportunity presents a unique chance to own a large, characterful building in the heart of Newport city centre. The property features a commercial unit on the ground floor, with a 9-year lease in place, and residential space on the three floors above. The basement area and rear parking lot offer additional potential for development. With a high footfall and proximity to the city's main attractions, including the newly refurbished Indoor Market and Friars Walk shopping mall, the property is an ideal location for investors and developers. The building's potential for growth is vast, with opportunities to increase the value through adaptation and development of the interior and exterior spaces. With a guide price of £225,000-£255,000, this property offers a strong initial return and significant potential for future growth.