3 bedroom block of apartments for sale

£180,000

3

Bedrooms

3

Bathrooms

Floorplan

Three self-contained 1-bed apartments in a freehold block on Fleur-De-Lis High Street. Each offers OPEN-PLAN LIVING, DOUBLE BEDROOM and BATHROOM. Basement flat with PRIVATE GARDEN & SIDE ACCESS. GREAT RENTAL YIELD vacant, no chain.

Introduction & Investment Overview - Welcome to High Street, Fleur-de-Lis, Blackwood NP12 3UE a unique investment opportunity comprising a freehold block of three self-contained one-bed flats. With strong rental demand in the area, this property promises solid returns, strong tenant interest, and the convenience of being offered vacant and with no onward chain ideal for both seasoned landlords and first-time investors.

Property Layout & Configuration - The block comprises three mirror-image flats, each thoughtfully designed to maximise space and rental appeal:

Basement Flat: Enjoys private side access through a gated entrance, leading into an open-plan lounge and kitchen. Theres a well-proportioned double bedroom and a bathroom. This flat also benefits from a large private rear garden, perfect for tenants wanting outdoor space in town.

Ground Floor Flat: Accessed via a secure, communal entrance hall, this flat features an open-plan living/dining area with fitted kitchen, a double bedroom and bathroom. UPVC double glazing and gas central heating add tenant comfort.

First Floor Flat: Identical in layout and specification to the ground floor, accessed via the same communal entrance.

Key Features & Tenant Benefits - Open-Plan Layout: Modern living space, maximising natural light and functional design.

Double Bedrooms & Bathrooms: Consistent offering across all three flats, simplifying furnishing and letting.

Basement Private Garden & Access: Unique appeal outdoor space and separate entrance enhance privacy and attract tenants.

Communal Access: Shared entrance for ground and first floor provides security and a sense of community.

UPVC Double Glazing & Gas Central Heating: Improved insulation and tenant comfortcost-effective and appealing.

Vacant and No Chain: Acquirers can take immediate control and begin managing or letting the flats without delay.

Location & Local Amenities - Fleur-de-Lis is a well-established residential community in Blackwood, Caerphilly. Known for its accessibility, sense of community, and excellent amenities, its an area with steady tenant demand.

Key Location Benefits Include: - Walking distance to local shops, amenities and bus stops

5-minute drive to Ysbyty Ystrad Fawr popular among healthcare workers

Close to Blackwood Primary School ideal for young couples planning ahead

Excellent transport links via the A472, A467 and regular bus services

Easy commuting to Blackwood, Newport, and Caerphilly

The central location also means tenants are never far from supermarkets, cafes, schools, parks and public services.

Rental Potential & Yield - The rental yield here is compelling. Based on market comparables:

Ground and First Floor Flat: circa 625 - 675pcm each

Basement Flat (with garden): 725 - 775pcm

Fully-Let Income Potential: - Approximately 2,075 per calendar month (24,900 annually). With an estimate purchase price of 180,000 boasts the possibility of a gross yield of 13.8% an attractive return by current market standards.

Final Summary - 38 High Street offers a rare combination of rental yield, turnkey convenience, and location quality ready for immediate letting or resale. With no chain and vacant possession, the block allows quick execution and returns. A rare find for both individual and portfolio landlords.

Knotweed is present and we are awaiting the treatment plan and quotes for this.

Contact Harry Harper Sales & Lettings in Cardiff today to arrange a viewing.

Please note - Images have been virtually staged to show the furniture and appliances.



Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 142200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 4500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 7200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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