Loan

Loan #627642 Newport NP19 8EN United Kingdom

Property location
242 Chepstow Road Newport NP198EN United Kingdom

Executive Summary

This property, located on Chepstow Road in Newport, consists of four self-contained units with individual split titles.

The individual units within this property are self-contained, which means that each unit has its own gas and electricity supply. Another great advantage is that each unit has its own individual title. There is a very high demand for high standard rental properties, SA (Serviced Accommodations) and HMOs in this area. Many investors are looking for these kind of properties (block of flats, premium location, completely refurbished with split titles) for long term investment. The property will be refurbished to a modern and very high standard.

 

Location

  • Located on the popular Chepstow Road in Newport, which is a prime area.
  • Just 5 minutes away from the city centre by car.
  • Only 10 minutes away from Cardiff by train, which is the capital of Wales.
  • Close to the commercial and residential area Maindee.
  • Newport city centre is approximately 1 mile to the southwest and provides a much greater selection of shops and facilities, as well as public transport by bus and rail.
  • Close to Newport city centre
  • Excellent road links to the M4 motorway via Junctions 24 and 26.
  • Within close proximity, there are many hospitals, surgeries, GP practices, and primary and secondary schools.
Investing FAQ
Loan terms summary
  • Interest per annum 10.00%
  • Fully subscribed 400,000.00 raised
  • Risk class i
  • Expires 23 day(s) left
  • Target amount €400,000.00
  • Profit share 0.00%
  • Term 12 Months
  • Payment frequency 1 months
  • Loan purpose Buy-to-rent
  • Type Bullet i
  • Mortgage rank First Rank
  • Total Loan Cover (TLC) 130.0%
  • Loan To Value (LTV) 76.9% i
  • Location
    United Kingdom
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