2 Bed Flat, Single Let, Newport, NP10 8AP, £150,000

Jamaica Circle, Coedkernew, Newport, NP10 8AP - 2 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£82K - £182.5K
Sold Prices/m²£1.2K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£134,436

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 - £1,100

Rent Estimate

£850

Running Costs/mo

£659

Cashflow/mo

£191

Cashflow/yr

£2,295

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £82K to £182.5K, average is £129K. £1.2K/m² to £3.3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£150K07/220.59 mi73, Grosmont Way, Newport NP10 8UQ2
£140K04/210.64 mi7, Narberth Mews, Coedkernew, Newport NP10 8EF2
£161K09/220.68 mi21, Narberth Close, Coedkernew, Newport NP10 8EE2
£143.5K07/210.7 mi7, Llanidloes Mews, Newport NP10 8EL2
£150K05/230.7 mi9, Llanidloes Mews, Newport NP10 8EL2
£150K12/210.71 mi12, Llanidloes Mews, Newport NP10 8EL2
£172K02/230.76 mi17, Pennard Close, Newport NP10 8EG2
£110K03/230.9 mi77, Gaer Vale, Newport NP20 3HS2
£130K11/230.96 mi14, Joyce Close, Newport NP20 3JD2
£137.5K01/231.08 miFlat 3, Ty Trist House, Golden Mile View, Newport NP20 3QA2
£139K03/241.09 miRose Heyworth House, Flat 4, Golden Mile View, Newport NP20 3PW2
£118K06/211.09 miFlat 6, Marine House, Golden Mile View, Newport NP20 3PL2
£137K10/221.11 miFlat 6, Llyn House, Golden Mile View, Newport NP20 3PJ2
£119K10/211.11 mi12, Arnold Close, Newport NP20 3HE2
£115K10/221.12 miFlat 2, Llyn House, Golden Mile View, Newport NP20 3PJ2
£144.9K10/221.13 miFlat 4, Griffin House, Golden Mile View, Newport NP20 3PF2
£110K09/231.13 mi135, Shakespeare Crescent, Newport NP20 3JA2
£128K02/231.13 mi117, Shakespeare Crescent, Newport NP20 3JA2
£100K12/201.14 miFlat 2, Graig Fawr House, Golden Mile View, Newport NP20 3PE2
£132.5K03/241.14 miFosmaen House, Flat 3, Golden Mile View, Newport NP20 3PD2
£107K07/231.15 mi2, Boswell Close, Newport NP20 3HG2
£102K03/211.16 miFlat 3, Darran House, Golden Mile View, Newport NP20 3PB2
£125K09/231.18 mi10, Browning Close, Newport NP20 3HH2
£125K06/231.31 mi37, Byron Road, Newport NP20 3HL2
£82K11/201.33 mi3, Aubrey Hames Close, Newport NP20 3AZ2
£82K11/201.33 mi3, Aubrey Hames Close, Newport NP20 3AZ2
£125K09/231.45 mi12, Blackbirds Close, Rogerstone, Newport NP10 9DG2
£115K09/211.45 mi40, Blackbirds Close, Rogerstone, Newport NP10 9DG2
£120K10/231.45 mi16, Blackbirds Close, Rogerstone, Newport NP10 9DG2
£140K04/231.47 mi22, Ruperra Close, Bassaleg, Newport NP10 8NP2
£125K12/201.49 miFlat 12, Monmouth Court, Bassaleg Road, Newport NP20 3EX2
£150K09/231.49 miFlat 7, Monmouth Court, Bassaleg Road, Newport NP20 3EX2
£170K12/231.49 miFlat 23, Monmouth Court, Bassaleg Road, Newport NP20 3EX2
£165K09/211.52 miApartment 5, The Beeches, Stow Park Circle, Newport NP20 4HF2
£158K11/201.53 mi60, Rhymney Way, Bassaleg, Newport NP10 8FP2
£115K04/211.64 miFlat 8, Kingsdale Court, Stow Park Crescent, Newport NP20 4HS2
£113K06/211.66 miFlat 16, Kingsdale Court, Stow Park Crescent, Newport NP20 4HS2
£150K06/221.72 miFlat 24, Foxwood Court, Foxwood Close, Bassaleg, Newport NP10 8PQ2
£160K12/201.72 miFlat 12, Foxwood Court, Foxwood Close, Bassaleg, Newport NP10 8PQ2
£182.5K12/231.72 miFlat 14, Foxwood Court, Foxwood Close, Bassaleg, Newport NP10 8PQ2
£142.8K05/221.72 miFlat 7, Highfield Court, Foxwood Close, Bassaleg, Newport NP10 8QB2
£175K10/211.72 mi15, Clewer Court, Newport NP20 4LQ2
£172K02/211.72 mi14, Clewer Court, Newport NP20 4LQ2
£142.5K04/221.75 mi104, Ebenezer Drive, Rogerstone, Newport NP10 9BY2
£94.5K03/231.84 mi27, Thornbury Park, Rogerstone, Newport NP10 9DP2
£98K04/211.91 mi458, Herbert Walk, Newport NP20 2HW2
£100K04/211.94 mi10, Cathedral Court, Newport NP20 4EU2
£92.5K08/211.94 mi20, Cathedral Court, Newport NP20 4EU2
£107.5K11/211.94 mi2, Cathedral Court, Newport NP20 4EU2
£110K12/231.94 mi22, Cathedral Court, Newport NP20 4EU2

Local Rents

26 rents from £750/mo to £1.1K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£85007/240.08 miGranada Court, Jamaica Grove, Coedkernew2
£90006/240.36 miThe Boulevards, Edmundsbury Road, Duffryn2
£1,10006/240.41 miEdmundsbury Road, Duffryn, NEWPORT2
£90006/240.54 mi-2
£95002/250.54 mi-2
£95007/240.56 miSt. Brides Gardens, Newport2
£75006/240.6 miProvidence House, Morgan Way2
£90006/240.63 miPowis Close, Newport2
£85006/240.64 mi-2
£1,09506/240.64 mi-2
£92502/250.65 mi-2
£82504/250.69 mi-2
£99506/240.7 miSchooner Close, Newport2
£95006/240.74 miManor Park, Newport, NP102
£1,00003/250.76 mi-2
£85006/240.76 miPennard Close, Newport, NP102
£99510/240.82 mi-2
£90006/240.87 miBideford Road, Newport, NP202
£85008/240.9 miWinchester Close, Off Cardiff Road, Newport. NP20 3BL2
£85008/240.9 miWinchester Close, Off Cardiff Road, Newport. NP20 3BL2
£89008/241.07 mi-2
£89007/241.07 miGolden Mile View, Newport, NP202
£92502/251.08 mi-2
£87506/241.1 miGolden Mile View2
£90008/241.11 miGolden Mile View2
£87501/251.14 mi-2

Local Area Statistics

Population in NP10

23,411

Population in Newport

229,937

Town centre distance

55.31 miles away

Nearest school

0.30 miles away

Nearest train station

1.51 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+33%

Property History

Listed for £150,000

January 30, 2025

Description

  • Guide Price £150,000 TO £155,000 +
  • GROUND FLOOR APARTMENT +
  • TWO DOUBLE BEDROOMS +
  • OPEN PLAN LOUNGE/DINER +
  • ALLOCATED PARKING +
  • EXCELLENT ROAD LINKS +

SUMMARY
We are pleased to present this two bedroom apartment, situated on Jamaica Circle in Newport. The property is set in an ideal location for commuters, benefiting from excellent road links leading on to the M4 for Cardiff and Bristol.

DESCRIPTION
Guide Price £150,000 TO £155,000

We are pleased to present this two bedroom apartment, situated on Jamaica Circle in Newport. The property is set in an ideal location for commuters, benefiting from excellent road links leading on to the M4 for Cardiff and Bristol. You also have local amenities within walking distance such as the close by supermarket.

The property itself is located on the ground floor of Santiago Court. As you enter into the hallway you have space for the storage of your shoes and coats as well as access to all of your rooms. To the end of the hall as you enter into the spacious living room, a spacious and well presented space with views out to the side and the rear of the property via patio doors. The room easily houses all your living room and dining furniture with additional space for a home office set up. From here you have an archway providing access into your kitchen area where you have wall and floors units and space for you essential large appliances with an integrated washer/dryer, oven and hob.

The apartment also contains two good sized double bedrooms and the bathroom featuring a W.C, hand basin and a bath with a wall mounted shower. The master bedroom also benefits from its own en-suite shower room.

Outside, the property offers you an allocated parking space within the private car park.

Hallway 

Lounge/Diner 20' x 17' 11" ( 6.10m x 5.46m )

Kitchen 8' 8" x 8' 6" ( 2.64m x 2.59m )

Bedroom One 13' 7" x 12' 4" ( 4.14m x 3.76m )

En Suite 8' 3" x 3' 6" ( 2.51m x 1.07m )

Bedroom Two 14' x 6' 10" ( 4.27m x 2.08m )

Bathroom 7' 4" x 7' 2" ( 2.24m x 2.18m )

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER PETER ALAN NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Pinkmove, Newport

01633 603349

Next Steps?

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