3 Bed Terraced House, Single Let, Newport, NP19 7FZ, £269,950

Somerset Road, Newport, South Wales, NP19 7FZ - 5 months ago

BTL
~93 m²
+21 photos

ValuationOvervalued

Sold Prices£121K - £305K
Sold Prices/m²£1.3K/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£211,038

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,488

Stamp Duty & Legal Fees

£10,296

Total Cash In

£77,784

 

 

Cash Out

 

Rent Range

£750 - £1,600

Rent Estimate

£788

Running Costs/mo

£1,021

Cashflow/mo

£-233

Cashflow/yr

£-2,798

Gross Yield

4%

Local Sold Prices

50 sold prices from £121K to £305K, average is £195.5K. £1.3K/m² to £3.2K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£225K03/210.07 mi47, Somerset Road, Newport NP19 7GA3
£187.5K06/210.07 mi63, Morden Road, Newport NP19 7EU3
£187.5K05/240.09 mi28, Durham Road, Newport NP19 7DU3
£247K06/210.1 mi7, Surrey Place, Newport NP19 7GL3
£289K12/200.12 mi18, St Julians Road, Newport NP19 7GJ3
£225K01/210.12 mi40, Ronald Road, Newport NP19 7GE3
£283.5K03/240.12 mi42, Ronald Road, Newport NP19 7GE3
£174.5K10/230.13 mi85, Duckpool Road, Newport NP19 7EQ3
£175K10/230.13 mi76, Durham Road, Newport NP19 7DS3
£248K12/230.14 mi34, Morden Road, Newport NP19 7ES3
£162.5K06/230.16 mi101, Duckpool Road, Newport NP19 7EP3
£278.8K03/210.16 mi26, St Julians Road, Newport NP19 7GN3
£290K10/230.16 mi28, St Julians Avenue, Newport NP19 7JU3
£260K08/230.16 mi36, Cornwall Road, Newport NP19 7SS3
£260K11/230.16 mi38, Cornwall Road, Newport NP19 7SS3
£173.5K03/230.17 mi1, Orchard Mews, Newport NP19 7DY3
£170K11/230.17 mi192, Caerleon Road, Newport NP19 7GQ3
£207K01/210.18 mi3, Cornwall Road, Newport NP19 7SR3
£160K03/210.18 mi22, Cornwall Road, Newport NP19 7SR3
£290K02/230.19 mi23, St Julians Avenue, Newport NP19 7JT3
£183K02/210.19 mi6, Gore Street, Newport NP19 7BG3
£190K11/200.2 mi7, Christchurch Road, Newport NP19 8FN3
£227K03/230.21 mi11, Hubert Road, Newport NP19 7JW3
£187.5K09/230.22 mi50, Orchard Street, Newport NP19 7DL3
£252K03/230.23 mi8, Hubert Road, Newport NP19 7JW3
£245K03/230.25 mi17, Summerhill Avenue, Newport NP19 8FP3
£210K06/230.25 mi7, Summerhill Avenue, Newport NP19 8FP3
£135K02/210.25 mi9, Bishop Street, Newport NP19 7FF3
£170K05/240.25 mi11, Orchard Gardens, Newport NP19 7LP3
£237K03/210.26 mi9, Brecon Road, Newport NP19 7RW3
£174K07/230.26 mi149, Durham Road, Newport NP19 7HU3
£283K04/230.27 mi66, St Julians Road, Newport NP19 7RX3
£133.5K05/240.27 mi53, Christchurch Road, Newport NP19 7SP3
£196K03/210.27 mi52, Christchurch Road, Newport NP19 7SP3
£216K05/240.27 mi52, Christchurch Road, Newport NP19 7SP3
£189K05/210.27 mi40, Caerleon Road, Newport NP19 7BX3
£260K10/210.27 mi45, Heather Road, Newport NP19 7LB3
£135K06/230.27 mi34, Duckpool Road, Newport NP19 8FL3
£195K06/230.29 mi10, Brynderwen Road, Newport NP19 8LQ3
£175K10/230.29 mi37, Brynderwen Road, Newport NP19 8LQ3
£225K07/210.29 mi17, Heather Road, Newport NP19 7JZ3
£147.5K03/210.29 mi159, Durham Road, Newport NP19 7HU3
£140K07/210.29 mi8, Filey Road, Newport NP19 7HQ3
£265K02/240.3 mi9, Merlin Crescent, Newport NP19 7LF3
£305K11/230.3 mi21, Merlin Crescent, Newport NP19 7LF3
£227K12/200.32 mi9, Norfolk Road, Newport NP19 7SL3
£172K11/200.32 mi21, Tudor Road, Newport NP19 7JY3
£165K11/200.32 mi4, Tudor Road, Newport NP19 7JY3
£195K08/230.33 mi282, Caerleon Road, Newport NP19 7HE3
£121K01/240.33 mi28, Morgan Street, Newport NP19 7AX3

Local Rents

35 rents from £750/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95002/240 mi-3
£85008/240.19 mi-3
£1,15001/250.2 mi-3
£1,22506/240.22 mi-3
£1,00007/240.24 miBishop Street, Newport, NP193
£95006/240.25 miBishop Street, Newport, NP193
£95007/240.25 mi-3
£1,09508/240.26 mi-3
£1,05004/250.27 mi-3
£1,10006/240.28 mi-3
£1,30008/240.29 miBrynderwen Road, Newport3
£92508/240.33 mi-3
£92507/240.33 miDurham Road, Newport, NP193
£97507/240.33 mi-3
£97507/240.33 miDenbigh Road, Newport, NP193
£1,00006/240.34 miElaine Crescent, NEWPORT3
£75008/240.34 miDurham Road, Newport, Newport. NP19 7DP3
£1,30009/240.35 miLiverpool Street, NEWPORT3
£1,60003/250.36 mi-3
£90004/250.38 mi-3
£95007/240.39 miPrince Street, NEWPORT3
£95008/240.4 miPrince Street3
£99502/240.42 mi-3
£1,10007/240.48 miLivingstone Place, NEWPORT3
£1,11004/240.49 mi-3
£1,40008/240.5 miChristchurch Road, Newport3
£1,00008/240.51 miBedford Road, Newport, 3
£1,40007/240.51 mi-3
£1,15008/240.52 miGlebe Street3
£1,10006/240.52 miCedar Road, Newport, NP193
£1,10007/240.52 mi-3
£1,10006/240.53 miCaerleon Road, NEWPORT3
£1,20006/240.59 miCaerleon Road, NEWPORT3
£1,05008/240.61 mi-3
£1,15007/240.61 miKingston Road, NEWPORT3

Local Area Statistics

Population in NP19

51,561

Population in Newport

229,937

Town centre distance

58.33 miles away

Nearest school

0.10 miles away

Nearest train station

0.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+47%

Property History

Listed for £269,950

November 19, 2024

Floor Plans

Description

  • Spacious open-plan kitchen +
  • Brand-new French doors for added style and light +
  • Generous living room, perfect for relaxing or entertaining +
  • Three double bedrooms located on the first floor +
  • Modern bathroom with both shower and bath +
  • Convenient ground floor toilet +
  • Great location +

This beautifully renovated terrace house boasts a large open-plan kitchen and brand-new French doors that open to a private back garden-perfect for family barbecues and outdoor dining. The property features three double bedrooms, ideal for a family, and a main bathroom on the first floor complete with both a shower and bath.

There's excellent potential for customization: the spacious living room could be divided into two rooms, and the ground floor toilet can be upgraded with a shower to create an additional bathroom. With its versatile layout and thoughtful design, this home is a fantastic opportunity for families or investors alike!

Contact Harvey Bowes Real Estate today to book a viewing!

Agent Details

Harvey Bowes, Newport

029 2167 9524

Next Steps?

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