3 Bed Terraced House, Single Let, Newport, NP19 0FX, £150,000

Larger Than Average Terraced. Oakley Street, Newport, NP19 0FX - 3 views - 3 months ago

BTL
ROI: 8%
~93 m²
+17 photos

ValuationUndervalued

Sold Prices£91K - £255K
Sold Prices/m²£784/m² - £6.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£164,574
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£750 - £1,800

Rent Estimate

£991

Running Costs/mo

£687

Cashflow/mo

£304

Cashflow/yr

£3,649

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £91K to £255K, average is £163K. £784/m² to £6.8K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£100K12/220.02 mi22, Cromwell Road, Newport NP19 0FZ3
£120K10/210.04 mi51, Cromwell Road, Newport NP19 0FY3
£185K10/230.05 mi46, Jenkins Street, Newport NP19 0GR3
£122.5K02/230.07 mi77, Dewstow Street, Newport NP19 0FT3
£127K01/210.07 mi47, Dewstow Street, Newport NP19 0FT3
£143K02/210.07 mi43, Dewstow Street, Newport NP19 0FT3
£120K12/230.09 mi4, Caldicot Street, Newport NP19 0FS3
£160K05/230.09 mi9, Caldicot Street, Newport NP19 0FS3
£178K07/230.09 mi8, Keene Street, Newport NP19 0FU3
£177.5K06/230.11 mi46, Milner Street, Newport NP19 0GS3
£188K05/230.11 mi5, Redvers Street, Newport NP19 0FR3
£165K08/230.11 mi15, Redvers Street, Newport NP19 0FR3
£120K02/210.11 mi23, Dewstow Street, Newport NP19 0FP3
£180K08/210.13 mi4a, Portskewett Street, Newport NP19 0GJ3
£125K07/230.13 mi18, Portskewett Street, Newport NP19 0GJ3
£255K02/240.14 mi15, Amelia Grove, Newport NP19 0LT3
£181K03/240.14 mi2a, Hamilton Street, Newport NP19 0GT3
£132K08/210.15 mi17, Henson Street, Newport NP19 0HN3
£162K07/230.16 mi127, Cromwell Road, Newport NP19 0HP3
£155K01/210.16 mi129, Cromwell Road, Newport NP19 0HP3
£215K03/230.2 mi47, Fairfax Road, Newport NP19 0HR3
£116K03/210.2 mi19, Fairfax Road, Newport NP19 0HR3
£91K03/210.22 mi86, Marshfield Street, Newport NP19 0GY3
£92K01/210.22 mi51, Marshfield Street, Newport NP19 0GY3
£190K12/230.22 mi10, Colston Avenue, Newport NP19 0HB3
£167K08/230.24 mi226, Cromwell Road, Newport NP19 0HS3
£176K10/230.24 mi5, Wednesbury Street, Newport NP19 0FG3
£157K11/200.25 mi29, Colston Avenue, Newport NP19 0HD3
£130K11/200.25 mi48, Colston Avenue, Newport NP19 0HD3
£160K09/210.27 mi45, Walsall Street, Newport NP19 0FF3
£156K03/210.27 mi13, Walsall Street, Newport NP19 0FF3
£245K10/210.29 mi282, Corporation Road, Newport NP19 0FA3
£169.9K12/200.3 mi17, Dudley Street, Newport NP19 0FE3
£210K06/230.3 mi6, Seabreeze Avenue, Newport NP19 0LA3
£137.5K11/210.31 mi200, Conway Road, Newport NP19 8JT3
£151K11/210.31 mi204, Conway Road, Newport NP19 8JT3
£135K12/200.31 mi182, Conway Road, Newport NP19 8JT3
£105K01/240.31 mi147, Conway Road, Newport NP19 8JT3
£115K12/200.31 mi152, Conway Road, Newport NP19 8NT3
£210K02/230.35 mi32, Tantallus Way, Newport NP19 0LB3
£164K08/230.36 mi220, Conway Road, Newport NP19 8JU3
£145K01/210.36 mi262, Conway Road, Newport NP19 8JU3
£170K01/210.36 mi39, Windsor Road, Newport NP19 8NR3
£230K07/230.36 mi29, Windsor Road, Newport NP19 8NR3
£195K05/230.36 mi37, Walmer Road, Newport NP19 8NU3
£180K11/230.36 mi33, Walmer Road, Newport NP19 8NU3
£180K02/210.36 mi2, Walmer Road, Newport NP19 8NU3
£220K11/230.36 mi16, Windsor Road, Newport NP19 8NS3
£165K11/230.37 mi46, Conway Road, Newport NP19 8PA3
£205K12/200.37 mi14, Willenhall Street, Newport NP19 0DJ3

Local Rents

36 rents from £750/mo to £1.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,07010/230.04 mi-3
£75006/240.05 miJenkins Street, Newport3
£1,10008/240.13 mi-3
£1,10007/240.13 miDewstow Street, Newport, NP193
£1,10008/240.19 miMarshfield Street, Newport, NP193
£1,00001/240.27 mi-3
£1,10009/240.27 mi-3
£99006/240.28 mi-3
£95006/240.32 miConway Road, Newport3
£95007/240.32 miConway Road, Newport3
£1,10007/240.35 miHawarden Road, NEWPORT3
£1,05008/240.35 miHawarden Road, NEWPORT3
£1,05008/240.35 miHawarden Road, NEWPORT3
£1,19508/240.36 mi-3
£1,10008/240.36 miConway Road, Newport3
£1,80001/250.37 mi-3
£1,45009/240.38 miBlenheim Road, Newport3
£1,00003/250.39 mi-3
£1,00003/240.42 miHawarden Road, Newport3
£1,19501/250.42 mi-3
£1,20008/240.43 miChepstow Road, Newport. NP19 8NP3
£1,15008/240.43 miCollingwood Close, NEWPORT3
£1,20008/240.44 mi79 Argosy Way, Newport, NP193
£1,19507/240.45 mi-3
£1,05012/240.46 mi-3
£1,05003/250.46 mi-3
£1,20006/240.46 miLysaght Way, Newport, 3
£1,10007/240.46 miLysaght Way, Newport, 3
£1,10007/240.46 miLysaght Way, Newport, 3
£1,15004/250.54 mi-3
£95001/250.55 mi-3
£1,10009/240.56 miCyril Street, Newport, NP193
£1,15006/240.57 mi-3
£1,15008/240.6 miGlebe Street3
£1,25006/240.62 miDorset Crescent, Newport, NP193
£1,15007/240.62 miKingston Road, NEWPORT3

Local Area Statistics

Population in NP19

51,561

Population in Newport

229,937

Town centre distance

58.04 miles away

Nearest school

0.10 miles away

Nearest train station

1.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+47%

Property History

Listed for £150,000

January 28, 2025

Floor Plans

Description

  • A Spacious Extended & Well Presented Traditional Home. Ideal First Time Buyer Or BTL Investment Opportunity +
  • Located On A Quiet Side Street Not Far From The City Centre & Close To All Amenities, Schools & Leisure Facilities +
  • Excellent Transport Links For Commuters To Bristol, Cardiff & Beyond Via Both Nearby Road & High Speed Rail Networks +
  • Has An Entrance Porch, A Large Open Plan Lounge/Dining Room, Modern Kitchen & Ground Floor Family Bathroom. +
  • Private, Enclosed Rear Garden Perfect For Relaxing, Socialising & Playing. On Street Parking. Gas Combi Boiler & UPVC Double Glazing. +
  • Viewing Highly Advised. NO CHAIN +

Tucked away on a quiet side street in the popular Somerton area is this larger than average family home offering well planned and presented living spaces that would be ideal for first buyers & investors particularly. Boasting a large open plan living room with feature fireplace leading to a modern kitchen that looks over & gives access to the rear garden plus a family bathroom make up the downstairs whilst upstairs has 3 good sized bedrooms. Ample on street parking is available and being offered with no onward chain makes this even more of a favourable option any would be buyers.
A short walk to schools, shops, pubs, cafes and close to the city centre & Celtic manor resort means suits those needing everything nearby whilst those needing to commute are also accommodated with access to Bristol, Cardiff and beyond being quick and easy via road or rail networks. Superb in many ways the agents highly advise viewing in order to appreciate all that this lovely house has to offer.

Agent Details

Red Dragon Estates, Newport

01633 603640

Next Steps?

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