0 Bedrooms Studio for sale in Commercial Street, Newport NP20 | £ 25,000
Overview
Price: | £ 25,000 |
---|---|
Contract type: | For Sale |
Type: | Studio |
County: | Newport |
Town: | Newport |
Postcode: | NP20 |
Address: | Commercial Street, Newport NP20 |
Bathrooms: | 1 |
Bedrooms: | 0 |
Property Description
Westport Invest are proud to introduce Commercial Street, an exclusive off-market investment to our clients.
The developers are raising funds for their new development, which will see the conversion of 3 period buildings into 16 luxury Apartments, generating over £100,000 per annum in rental returns. Investors will enjoy a 3 year investment which pays 9% net return per annum with an added 5% bonus upon maturity. What's more, is that returns are paid monthly to investors.
Combined with the commercial premises, the overall gdv (gross development value) will be well in excess of £1.5m. The developers are offering Investors total peace of mind by securing a 1st legal charge on all 3 premises, thus providing a valuable physical asset to underpin the investment opportunity.
Westport Invest have negotiated an extra layer of security for our investors by securing a further corporate guarantee on the groups assets, totalling over £7m. This makes Commercial Street one of the most robust investment opportunities on the market today.
Property Location
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