Alexandra Court

Newport

Commencement: December 2021
Completion: June 2023

A large building comprising 39 apartments in Newport, Wales. Originally known as “the Old Ship Hotel,” it was built in 1871. In 1973, it was converted into apartments and remained vacant for several years. Since February 2021, it has been owned by the joint venture Alexandra Court Development.

Why is renovating properties a smart investment?

Renovating properties is a smart investment move, because it increases property value, attracts better tenants or buyers, and aligns with market trends. Renovation projects offer flexibility and promote sustainability through the reuse of existing structures. Overall, renovating real estate is a lucrative opportunity for investors aiming to maximize returns and contribute to urban renewal.