2 Bed Detached House, Single Let, Newport, NP10 8EA, £160,000

GARAGE, 910 Oystermouth Way, Newport, NP10 8EA - 4 views - 10 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+15 photos

ValuationUndervalued

Sold Prices£124K - £250K
Sold Prices/m²£2.1K/m² - £4.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£178,710
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£750 - £1,100

Rent Estimate

£850

Running Costs/mo

£690

Cashflow/mo

£160

Cashflow/yr

£1,920

ROI

4%

Gross Yield

6%

Local Sold Prices

48 sold prices from £124K to £250K, average is £160K. £2.1K/m² to £4.2K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£124K06/210.08 mi7, Pennard Close, Newport NP10 8EG2
£147K08/230.08 mi2, Pennard Close, Newport NP10 8EG2
£129K10/220.08 mi7, Pennard Close, Newport NP10 8EG2
£135K03/240.08 mi12, Pennard Close, Newport NP10 8EG2
£163.2K03/240.1 mi6, Skenfrith Mews, Newport NP10 8HF2
£168K06/210.1 mi18, Longtown Grove, Newport NP10 8HD2
£185K11/230.1 mi26, Longtown Grove, Newport NP10 8HD2
£180K11/230.1 mi10, Longtown Grove, Newport NP10 8HD2
£200K11/230.12 mi1, Criccieth Close, Newport NP10 8HE2
£166K06/210.13 mi2, St Briavels Mews, Newport NP10 8SX2
£163.5K11/230.13 mi11, St Briavels Mews, Newport NP10 8SX2
£205K03/230.14 mi4, Tenby Close, Newport NP10 8GQ2
£155K05/210.14 mi7, Tenby Close, Newport NP10 8GQ2
£160K03/210.17 mi32, White Avenue, Newport NP10 8SZ2
£250K01/230.17 mi37, White Avenue, Newport NP10 8SZ2
£165K12/230.19 mi14, Raglan Mews, Newport NP10 8UB2
£160K12/200.19 mi4, Raglan Mews, Newport NP10 8UB2
£201K11/220.2 mi10, Raglan Mews, Newport NP10 8UB2
£180K02/230.23 mi9, Castell Coch Drive, Newport NP10 8HB2
£165K03/210.34 mi7, Catherine Close, Newport NP10 8QJ2
£148K01/210.34 mi19, Rachel Square, Newport NP10 8QN2
£130K02/210.36 mi16, Sir Charles Square, Newport NP10 8QP2
£187K06/230.36 mi18, Sir Charles Square, Newport NP10 8QP2
£150K10/200.36 mi17, Sir Charles Square, Newport NP10 8QP2
£130K02/210.36 mi16, Sir Charles Square, Newport NP10 8QP2
£160K11/230.37 mi3, Edmundsbury Road, Duffryn, Newport NP10 8AY2
£165K05/210.37 mi5, Rosamund Close, Newport NP10 8QH2
£160K12/230.4 mi2, Buccaneer Grove, Newport NP10 8EQ2
£245K05/230.4 mi18, Buccaneer Grove, Newport NP10 8EQ2
£160K02/230.43 mi11, Buccaneer Way, Newport NP10 8ER2
£160K12/200.5 mi12, Brigantine Grove, Newport NP10 8ET2
£154K10/210.52 mi66, Manor Park, Newport NP10 8SD2
£182K08/230.52 mi69, Manor Park, Newport NP10 8SD2
£164K11/200.55 mi11, Brigantine Close, Newport NP10 8ES2
£184.5K02/230.57 mi20, Schooner Circle, Newport NP10 8EX2
£187K11/230.58 mi60, Manor Park, Newport NP10 8SA2
£140K11/200.63 mi3, Schooner Avenue, Newport NP10 8EY2
£145K11/200.66 mi1, Schooner Close, Newport NP10 8EZ2
£146K02/210.68 mi23, Schooner Walk, Newport NP10 8DZ2
£148K12/200.92 mi16, Viscount Evan Drive, Newport NP10 8HJ2
£150K06/210.95 mi16, Orangery Walk, Newport NP10 8HL2
£195K12/220.95 mi22, Orangery Walk, Newport NP10 8HL2
£165K03/230.99 mi66, Beech Grove, St Brides Wentlooge, Newport NP10 8TB2
£141.5K03/240.99 mi27, Beech Grove, St Brides Wentlooge, Newport NP10 8TB2
£145K08/230.99 mi22, Beech Grove, St Brides Wentlooge, Newport NP10 8TB2
£130K11/200.99 mi30, Beech Grove, St Brides Wentlooge, Newport NP10 8TB2
£130K10/230.99 mi33, Beech Grove, St Brides Wentlooge, Newport NP10 8TB2
£144K01/210.99 mi18, Beech Grove, St Brides Wentlooge, Newport NP10 8TB2

Local Rents

10 rents from £750/mo to £1.1K/mo, average is £913/mo.

RentDateDistanceAddressBeds 
£85006/240.07 miPennard Close, Newport, NP102
£1,00003/250.07 mi-2
£92502/250.08 mi-2
£85006/240.13 mi-2
£90006/240.2 miPowis Close, Newport2
£1,10006/240.37 miEdmundsbury Road, Duffryn, NEWPORT2
£90006/240.38 miThe Boulevards, Edmundsbury Road, Duffryn2
£75006/240.51 miProvidence House, Morgan Way2
£1,09506/240.57 mi-2
£95006/240.58 miManor Park, Newport, NP102

Local Area Statistics

Population in NP10

23,411

Population in Newport

229,937

Town centre distance

54.95 miles away

Nearest school

0.40 miles away

Nearest train station

2.18 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+33%

Property History

Listed for £160,000

July 8, 2024

Sold for £140,000

2021

Sold for £119,995

2009

Description

  • Sought after location +
  • 1 Garage +
  • Rear garden +
  • Excellent road links to the M4 J28 +
  • Access to local primary and comprehensive schools +
  • Access to local amenities and supermarket +
  • Access to Tredegar Park, Tredegar house and gardens. +
  • Celtic Horizon Estate +
  • Viewing is highly recommended +

MODERN LIVING. Sought after Celtic Horizon location.
Excellent road links to M4, amenities, schools and parks.
Just on the outskirts of the city centre we have
FOR SALE this modern DETACHED 2 bedroom
coach house style property which benefits from
one garage and small rear garden.
Viewing of this property is highly recommended.

Agent Details

Davis & Sons, Newport

01633 603898

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪