An excellent opportunity to acquire a spacious first-floor leasehold apartment situated above established retail premises in a prominent position on Commercial Road, Newport. The property forms part of an attractive period building within Newport's established commercial and residential area and benefits from excellent access to Newport City Centre, Newport Railway Station, local amenities and the M4 motorway network for commuters.
We believe that the property, if rented could produce an approximate realistic rental income of £600pcm (£7,200 per annum) which at the current advertised Guide Price could produce an extremely attractive gross yield. We understand annual contributions include a sinking fund and buildings insurance contribution but please refer to the legal pack for a more detailed breakdown of this. The property appears suitable for residential letting and offers investors an affordable income-producing asset within a popular rental location.
Commercial Road is a well-established mixed-use area comprising retail, residential and commercial occupiers, conveniently located within walking distance of Newport city centre and its extensive amenities. The area continues to benefit from strong rental demand due to its proximity to employment centres, transport links and the University of South Wales campus and Royal Gwent Hospital nearby.
For further information on tenure or any other relevant information please refer to the legal pack once available.
Informed Leasehold– please refer to legal pack for verification of tenure
Viewing by appointment with Seel Auctions – www.seelauctions.co.uk
Buyer's Premium - 1.50% with a minimum of £1,500 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid by the purchaser on completion.
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Auctioneers Office, Seel Auctions (029) 2037 0117
FOR SALE BY PUBLIC AUCTION on Tuesday, 7 July 2026 online via the Seel Auctions website. Bidding will commence from midday on Monday, 6 July and conclude in order from Lot 1 at 4:00 pm on Tuesday, 7 July 2026
We've partnered with Watts Commercial Finance to offer a wide range of finance options from bridging loans to development finance.
Apply for Finance* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
