3 Bed Bungalow, Single Let, Newport, NP19 8LW, £435,000

Crescent Road, Newport, NP19 8LW - 7 months ago

Sold STC
BTL
~93 m²
+42 photos

ValuationOvervalued

Sold Prices£115K - £312.5K
Sold Prices/m²£1.4K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£4.7K/m²

Value Estimate

£202,642

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£108,750

Stamp Duty & Legal Fees

£23,500

Total Cash In

£132,250

 

 

Cash Out

 

Rent Range

£850 - £1,800

Rent Estimate

£950

Running Costs/mo

£1,569

Cashflow/mo

£-619

Cashflow/yr

£-7,432

Gross Yield

3%

Local Sold Prices

50 sold prices from £115K to £312.5K, average is £225K. £1.4K/m² to £3.8K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£260K09/230 mi20, Crescent Road, Newport NP19 8LW3
£155K09/230.05 mi6, Crescent Court, Newport NP19 8LU3
£150K03/210.05 mi6, Crescent Court, Newport NP19 8LU3
£233K04/210.07 mi69, Victoria Avenue, Newport NP19 8LR3
£195K03/210.07 mi61, Victoria Avenue, Newport NP19 8LR3
£180K01/210.07 mi79, Victoria Avenue, Newport NP19 8LR3
£227K06/210.1 mi3, Buckingham Crescent, Newport NP19 7SG3
£224K03/210.1 mi8, Hertford Place, Newport NP19 7SN3
£282K07/230.1 mi13, Hertford Place, Newport NP19 7SN3
£195K06/230.12 mi10, Brynderwen Road, Newport NP19 8LQ3
£175K10/230.12 mi37, Brynderwen Road, Newport NP19 8LQ3
£227K12/200.12 mi9, Norfolk Road, Newport NP19 7SL3
£133.5K05/240.13 mi53, Christchurch Road, Newport NP19 7SP3
£196K03/210.13 mi52, Christchurch Road, Newport NP19 7SP3
£216K05/240.13 mi52, Christchurch Road, Newport NP19 7SP3
£157K12/200.13 mi16, Forest Close, Newport NP19 8LX3
£248K12/210.13 mi39, Eveswell Park Road, Newport NP19 8GT3
£185K02/210.17 mi44, Victoria Avenue, Newport NP19 8GG3
£312.5K11/220.17 mi95, Victoria Avenue, Newport NP19 8GG3
£197K10/200.18 mi15, Fforest Glade, Newport NP19 8NE3
£237K03/210.19 mi9, Brecon Road, Newport NP19 7RW3
£283K04/230.2 mi66, St Julians Road, Newport NP19 7RX3
£207K01/210.22 mi3, Cornwall Road, Newport NP19 7SR3
£160K03/210.22 mi22, Cornwall Road, Newport NP19 7SR3
£215K07/210.22 mi38, St Johns Road, Newport NP19 8GR3
£245K03/230.22 mi17, Summerhill Avenue, Newport NP19 8FP3
£210K06/230.22 mi7, Summerhill Avenue, Newport NP19 8FP3
£268K08/220.23 mi46a, St Johns Road, Newport NP19 8GR3
£280K11/210.23 mi11, Lundy Drive, St Julians, Newport NP19 7TG3
£260K11/230.23 mi12, Lundy Drive, St Julians, Newport NP19 7TG3
£260K08/230.26 mi36, Cornwall Road, Newport NP19 7SS3
£260K11/230.26 mi38, Cornwall Road, Newport NP19 7SS3
£260K03/240.27 mi112, Upper Tennyson Road, Newport NP19 8HR3
£249.9K01/210.27 mi17, Firbank Avenue, Newport NP19 7QS3
£265K11/200.27 mi38, Clevedon Road, Newport NP19 8LZ3
£225K01/210.28 mi40, Ronald Road, Newport NP19 7GE3
£283.5K03/240.28 mi42, Ronald Road, Newport NP19 7GE3
£200K04/210.28 mi20, Batchelor Road, Newport NP19 8GU3
£191K09/210.28 mi11, Batchelor Road, Newport NP19 8GU3
£185K09/210.28 mi4a, Chaucer Road, Newport NP19 8HQ3
£185K09/210.28 mi4a, Chaucer Road, Newport NP19 8HQ3
£283K09/230.28 mi4a, Chaucer Road, Newport NP19 8HQ3
£115K10/210.29 mi34, Merlin Crescent, Newport NP19 7LG3
£220K03/210.29 mi10, Firbank Crescent, Newport NP19 7QR3
£279K03/210.29 mi6, Firbank Crescent, Newport NP19 7QR3
£248K12/230.3 mi34, Morden Road, Newport NP19 7ES3
£225K03/230.3 mi4, Shelley Road, Newport NP19 8HP3
£262.5K05/230.3 mi32, St Johns Road, Newport NP19 8GW3
£235K05/210.31 mi8, Swinburne Close, Newport NP19 8HS3
£190K09/230.32 mi6, Raphael Close, Newport NP19 7QT3

Local Rents

45 rents from £850/mo to £1.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£90004/250.07 mi-3
£1,30008/240.12 miBrynderwen Road, Newport3
£1,40008/240.15 miChristchurch Road, Newport3
£1,22506/240.18 mi-3
£99502/240.38 mi-3
£1,00006/240.39 miElaine Crescent, NEWPORT3
£95002/240.39 mi-3
£1,20008/240.41 miChepstow Road, Newport. NP19 8NP3
£1,15008/240.41 miGlebe Street3
£1,80001/250.42 mi-3
£1,30009/240.43 miLiverpool Street, NEWPORT3
£1,00003/250.44 mi-3
£1,19508/240.46 mi-3
£1,15001/250.46 mi-3
£1,10006/240.46 mi-3
£1,09508/240.47 mi-3
£1,10007/240.47 miLivingstone Place, NEWPORT3
£1,20009/240.47 mi-3
£1,30008/240.47 miSutherland Crescent, Newport, NP193
£1,20008/240.47 miSutherland Crescent, Newport, NP193
£1,05011/240.47 mi-3
£1,05012/240.47 mi-3
£1,45009/240.48 miBlenheim Road, Newport3
£1,00007/240.48 miBishop Street, Newport, NP193
£95006/240.48 miBishop Street, Newport, NP193
£95007/240.48 mi-3
£1,05003/250.49 mi-3
£97501/250.49 mi-3
£1,60003/250.49 mi-3
£95008/240.52 miPrince Street3
£95007/240.52 miPrince Street, NEWPORT3
£1,00003/240.53 miHawarden Road, Newport3
£1,10007/240.55 miHolbein Road, Newport, NP193
£95006/240.56 miConway Road, Newport3
£95007/240.56 miConway Road, Newport3
£1,40007/240.56 mi-3
£1,15007/240.57 miKingston Road, NEWPORT3
£85008/240.58 mi-3
£99006/240.59 mi-3
£1,10007/240.6 miHawarden Road, NEWPORT3
£1,05008/240.6 miHawarden Road, NEWPORT3
£1,05008/240.6 miHawarden Road, NEWPORT3
£1,00008/240.6 miBedford Road, Newport, 3
£97507/240.62 miDenbigh Road, Newport, NP193
£97507/240.62 mi-3

Local Area Statistics

Population in NP19

51,561

Population in Newport

229,937

Town centre distance

58.46 miles away

Nearest school

0.30 miles away

Nearest train station

1.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+47%

Property History

Listed for £435,000

September 13, 2024

Sold for £175,000

2014

Floor Plans

Description

  • 1/2 ACRE PLOT +
  • MODERN FAMILY BATHROOM +
  • SPACIOUS LIVING AREA +
  • LARGE ANNEX +
  • GARAGE +
  • SOUGHT-AFTER LOCATION +
  • CLOSE TO THE M4 +
  • EPC RATING: C +
  • KITCHEN DINER +

The bungalow was built around 1959 on the site of an earlier mansion called Mount Olive. This mansion in turn was built on the site of the original Woodland Park which was sold by the council for building in 1900 to raise funds for their purchase of nearby Beechwood Park. As the plot is south facing, the bungalow was built to a Canadian design to maximise sun orientation. The first owner who commissioned the building for his own family was a civil engineer who paid a lot of attention to the building’s thermal performance and energy saving issues. The current owners are only the second owners of this wonderful property. The stone patio at the back of the house is part of the original mansion walls, a portion of which can still be seen. There are several established trees in the garden and the neighbouring plot to the west which were originally part of the Woodland Park planting. The house was completely renovated in 2014, with a new kitchen and bathroom, central heating system, walls replastered and windows upgraded where needed. The boiler was replaced around 2018 with a new condensing gas boiler. The house was rewired and the consumer unit replaced in 2014. There is also an alarm system and CCTV. The chimney was sleeved and a wood burning stove installed professionally in 2015. All these alterations have improved the EPC rating of the property to C-69. There are mains and solar powered LED security lights all around the property. All rooms including the conservatory have tiled floors and upstands, except the two rear bedrooms which are carpeted. The property benefits from fibre cabled super fast Broadband currently provided by Virgin. The house has wooden Venetian blinds at most windows and ceiling fans in all rooms except the bathroom. On the western side of the house is a separate entranceway leading to a separate annexe, which has been previously used as a dog grooming salon, and which has hot and cold running water, mains power via a dedicated consumer unit and broadband. This is fully insulated and has double glazing. There is a garage at street level which has mains power, with a rubber roof which was replaced in summer 2024. Externally the house has had new facias and guttering replaced where needed in summer 2024. The plot comprises approximately 1/2 an acre in total. It wraps around the house on all sides and provides exceptional privacy and peace. The garden is divided into discreet areas with a range of stone paths and patios and replanted with a mixture of slow growing shrubs and ground cover which limit the amount of maintenance largely to annual pruning and tidying. Surrounding the house are a series of low maintenance areas including a Japanese inspired acer garden with ornamental fountain to the west side, an area of low box hedging with roses, camellias and winter flowering cherries across the front of the house and a pond with fountain and mains operated pump. A nearby pergola pathway with a climbing scented rose leads to a small greenhouse surrounded by a mixture of evergreen and flowering shrubs to the southeast. Immediately outside the conservatory are extensive stone seating areas around a large pergola with a wooden roof suitable for dining or a hot tub as it has both power and water connected. From the back of the house a stone path and steps lead up to an area of lawn bounded on one side by a small orchard of apples, plums and damson underplanted with spring bulbs, and on the opposite side a small woodland garden surrounded by mature trees including a magnolia and a large Bramley apple tree. This area starts with snowdrops and crocuses in January, followed by daffodils, bluebells and tulips as spring progresses. At the top of this area is a level storage area and a summerhouse with south facing veranda, which has mains power via a dedicated consumer unit and broadband connected. There are views from here of Cardiff, Penarth and Exmoor in the distance. The western side of the top part of the garden contains a completely secure chicken run/netted fruit cage with water and power connected, and shade provided by mature oak and sweet chestnut trees. This area also includes fenced composting bays, raspberry beds, vegetable plots and fruit trees. In the top corner of this area is a large double glazed hothouse, containing a mature fig tree trained across the rear stone wall. Next to the hothouse is a good sized greenhouse. Mains power and water are connected to both structures. The current owner has also developed all the necessary architectural, structural engineering and planning design work for a driveway to the property with parking area at house level. The attic is extensive and could be converted under existing permitted development rights to add up to three bedrooms and extra bathrooms without losing downstairs rooms, as the hallway is large enough to accommodate a staircase. 

EPC Rating: C

Agent Details

Bluestone Sales and Lettings, Newport

01630 410996

Next Steps?

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