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House For Sale High Street, Newport, TF10

£12,000

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Last Updated: 12th February 2020

Description

COMMERCIAL PROPERTY
Shop front comprising:
An easily manageable ground floor shop unit with basement level below.
The premises are situated in the centre of Newport with its amenities and free public parking nearby.

The premises are let on a new FIVE year lease. The tenant is to be responsible for internal repairs and decoration, together with the maintenance and decoration of the shop front and fascia.

All mains services are connected at the property.

Gross frontage: 7.74 m x 13.19 m
Basement comprises:
Office: 4.80 m x 2.56 m
Kitchen: 3.70 m xx 2.45 m
Storage area: 6.29 m x 3.52 m
Store room: 6.2 m x 2.1 m
2 x WC


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Nearby Schools

  • Haberdashers' Adams (0.1 miles away)
  • Newport Church of England Voluntary Controlled Junior School (0.2 miles away)
  • Castle House School (0.3 miles away)
  • Newport Infant School (0.3 miles away)
  • Newport Girls' High School Academy (0.4 miles away)
Agent Details
Davies White & Perry
45-47, High Street, Newport, TF10 7AT
Show Contact Number
01952 811 003

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
0.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£360
The governments recent policies including not to add additional tax to this property price band will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a lower return when compared to other conservative investments.
0

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
This is the potential achievable yield.
Potential Return-on-Cash Invested