3 Bed Terraced House, Single Let, Newport, NP19 9JR, £140,000

Cot Farm Circle, Newport, NP19 9JR - 1 views - 3 months ago

Sold STC
Auction
BTL
ROI: 8%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£110K - £338K
Sold Prices/m²£1.3K/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.5K/m²

Value Estimate

£179,550
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,700

Total Cash In

£40,700

 

 

Cash Out

 

Rent Range

£550 - £1,200

Rent Estimate

£984

Running Costs/mo

£654

Cashflow/mo

£330

Cashflow/yr

£3,956

ROI

10%

Gross Yield

8%

Local Sold Prices

50 sold prices from £110K to £338K, average is £158.8K. £1.3K/m² to £3K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£110K02/210.14 mi58, Playford Crescent, Newport NP19 9HZ3
£140K07/210.15 mi16, Warlock Close, Newport NP19 9NA3
£140K04/210.15 mi5, Newman Close, Newport NP19 9NB3
£170K09/230.16 mi11, Playford Crescent, Newport NP19 9HY3
£155K04/230.16 mi33, Playford Crescent, Newport NP19 9HY3
£141K03/210.17 mi36, Goossens Close, Newport NP19 9JN3
£135K02/240.17 mi30, Goossens Close, Newport NP19 9JN3
£121K12/200.17 mi21, Dawson Close, Newport NP19 9JH3
£137.5K02/210.2 mi4, Holst Close, Newport NP19 9JF3
£122.5K03/210.2 mi3, Myra Hess Close, Newport NP19 9GX3
£152K01/240.21 mi34, Edward German Crescent, Newport NP19 9ND3
£134K02/210.21 mi20, Patti Close, Newport NP19 9GW3
£155K07/230.24 mi19, Sterndale Bennett Road, Newport NP19 9LX3
£120K12/200.24 mi25, Sterndale Bennett Road, Newport NP19 9LX3
£148K04/240.24 mi143, Hendre Farm Drive, Newport NP19 9LQ3
£200K10/230.25 mi31, Jellicoe Close, Newport NP19 9HA3
£157.5K10/210.26 mi40, Mountbatten Close, Newport NP19 9GT3
£145K03/210.28 mi238, Ringland Circle, Newport NP19 9PR3
£178K03/230.28 mi4, Nelson Drive, Newport NP19 9FU3
£148K04/230.28 mi44, Nelson Drive, Newport NP19 9FU3
£180K03/210.29 mi15, Howard Close, Newport NP19 9FR3
£200K03/230.3 mi6, Drake Close, Newport NP19 9FT3
£298K01/240.32 mi15, Llanwern Road, Newport NP19 9GF3
£241K05/230.32 mi7, Llanwern Road, Newport NP19 9GF3
£175K07/230.32 mi52, Llanwern Road, Newport NP19 9GF3
£183K09/230.35 mi8, Hawke Close, Newport NP19 9GJ3
£140K11/230.35 mi4, Hawke Close, Newport NP19 9GJ3
£145K02/230.36 mi25, Hood Road, Newport NP19 9GZ3
£166.5K02/240.39 mi24, Benbow Road, Newport NP19 9FP3
£165K03/230.39 mi133, Howe Circle, Newport NP19 9GS3
£152.5K02/240.4 mi76, Howe Circle, Newport NP19 9GP3
£135K02/210.4 mi2, Tallis Close, Newport NP19 9LW3
£170K06/230.4 miSunnydale, Cot Hill, Llanwern, Newport NP18 2DP3
£150K11/210.4 mi63, Hendre Farm Drive, Newport NP19 9LH3
£160K03/240.4 mi63, Hendre Farm Drive, Newport NP19 9LH3
£170K02/230.4 mi94, Howe Circle, Newport NP19 9GP3
£338K03/210.46 mi34, The Coldra, Newport NP18 2LP3
£317.5K12/200.48 mi52, The Coldra, Newport NP18 2LR3
£300K07/220.49 mi170, Ringland Circle, Newport NP19 9PL3
£150K06/210.52 mi7, Hendre Farm Drive, Newport NP19 9LG3
£254K10/220.53 mi55, Royal Oak Drive, Newport NP18 1JE3
£160K12/200.54 mi676, Chepstow Road, Newport NP19 9FB3
£195K01/210.59 miLynwood, Bishpool Lane, Newport NP19 9EF3
£165K07/230.62 mi34, Bishpool View, Newport NP19 9BG3
£177.5K04/210.62 mi30, Bishpool View, Newport NP19 9BG3
£147K08/230.65 mi2, Eric Coates Walk, Newport NP19 9PD3
£200K04/230.65 mi1, Dents Close, Newport NP19 9EP3
£142.5K05/210.65 mi3, Dents Close, Newport NP19 9EP3
£252.5K01/230.66 mi9, Neston Road, Newport NP19 9DX3
£230K05/210.66 mi7, Neston Road, Newport NP19 9DX3

Local Rents

16 rents from £550/mo to £1.2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20003/250.04 mi-3
£1,20004/250.27 mi-3
£1,15004/250.28 mi-3
£1,10003/240.3 mi-3
£1,15003/250.3 mi-3
£1,10007/240.3 mi-3
£1,10006/240.3 miBeatty Road, Newport, NP193
£1,10007/240.3 miBeatty Road, Newport, NP193
£1,10008/240.31 miCunningham Road, Newport3
£1,00006/230.31 mi-3
£97504/240.31 mi-3
£55006/240.32 miHawkins Crescent, Newport, 3
£1,05008/240.5 miDunstable Road, NEWPORT3
£1,20008/240.54 miDetached House, William Morris Drive, Newport3
£1,15006/240.6 miBishpool View, Newport, 3
£1,15007/240.6 miBishpool View, Newport, 3

Local Area Statistics

Population in NP19

51,561

Population in Newport

229,937

Town centre distance

59.95 miles away

Nearest school

0.20 miles away

Nearest train station

3.01 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+47%

Property History

Price changed to £140,000

February 28, 2025

Listed for £150,000

February 6, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • No Onwards Chain +
  • Front and Rear Garden +
  • Close to Local Amenities +
  • Mid Terrace +
  • Excellent Transport Links +

SUMMARY
This neutrally decorated, three-bedroom terraced house, featuring a standout kitchen, welcoming reception room, and a garden, is ideally situated near excellent public transport, schools, and amenities, making it perfect for first-time buyers, investors, and families.

DESCRIPTION
For sale is a neutrally decorated, terraced house situated in an area with excellent public transport links, nearby schools, local amenities and green spaces. The property offers a number of unique features, which make it an ideal choice for first-time buyers, investors, and families.
The house is composed of three bedrooms, a bathroom, a kitchen, and a reception room. The master bedroom is a comfortable space, benefiting from built-in wardrobes. The second bedroom is a double, while the third is a single, providing flexibility for different family sizes or guest accommodation.
The kitchen is a standout feature of the house, boasting built-in pantries and natural light. This setup ensures that it is an enjoyable space to prepare meals and spend time in.
The reception room is a welcoming space with large windows that bring in lots of natural light and provide a delightful view of the garden. This room is perfect for entertaining or unwinding at the end of the day.

The property also features a garden, offering additional space to relax or for children to play in. This outdoor area could be a real haven for green-fingered enthusiasts or those who simply enjoy spending time outside.

Overall, this property presents a fantastic opportunity to own a well-presented and ideally located home.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hallway  

Kitchen  8' 7" x 22' 5" ( 2.62m x 6.83m )

Living/Dining Room 10' 7" x 22' 5" ( 3.23m x 6.83m )

First Floor  

Bedroom One  10' 6" x 8' 10" ( 3.20m x 2.69m )

Bedroom Two 9' 6" x 13' 3" ( 2.90m x 4.04m )

Bedroom Three 5' 11" x 13' 3" ( 1.80m x 4.04m )

Bathroom 

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

Peter Alan, Newport

01633 603942

Next Steps?

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