2 Bed Flat, Single Let, Newport, NP10 9DG, £150,000

27 Blackbirds Close, Rogerstone, Newport, NP10 9DG - 2 views - 3 months ago

Leasehold
BTL
ROI: 5%
~59 m²
+10 photos

ValuationOvervalued

Sold Prices£94.5K - £182.5K
Sold Prices/m²£1.3K/m² - £2.3K/m²

 

 

Square Metres

~58.99 m²
Price/m²£2.5K/m²

Value Estimate

£128,705

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Rent Range

£800 - £1,600

Rent Estimate

£875

Running Costs/mo

£664

Cashflow/mo

£211

Cashflow/yr

£2,535

ROI

5%

Gross Yield

7%

Local Sold Prices

23 sold prices from £94.5K to £182.5K, average is £132.5K. £1.3K/m² to £2.3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£125K09/230 mi12, Blackbirds Close, Rogerstone, Newport NP10 9DG2
£115K09/210 mi40, Blackbirds Close, Rogerstone, Newport NP10 9DG2
£120K10/230 mi16, Blackbirds Close, Rogerstone, Newport NP10 9DG2
£102K03/210.29 miFlat 3, Darran House, Golden Mile View, Newport NP20 3PB2
£132.5K03/240.31 miFosmaen House, Flat 3, Golden Mile View, Newport NP20 3PD2
£100K12/200.32 miFlat 2, Graig Fawr House, Golden Mile View, Newport NP20 3PE2
£144.9K10/220.33 miFlat 4, Griffin House, Golden Mile View, Newport NP20 3PF2
£142.5K04/220.33 mi104, Ebenezer Drive, Rogerstone, Newport NP10 9BY2
£115K10/220.35 miFlat 2, Llyn House, Golden Mile View, Newport NP20 3PJ2
£137K10/220.35 miFlat 6, Llyn House, Golden Mile View, Newport NP20 3PJ2
£158K11/200.36 mi60, Rhymney Way, Bassaleg, Newport NP10 8FP2
£118K06/210.37 miFlat 6, Marine House, Golden Mile View, Newport NP20 3PL2
£140K04/230.38 mi22, Ruperra Close, Bassaleg, Newport NP10 8NP2
£139K03/240.38 miRose Heyworth House, Flat 4, Golden Mile View, Newport NP20 3PW2
£137.5K01/230.39 miFlat 3, Ty Trist House, Golden Mile View, Newport NP20 3QA2
£94.5K03/230.45 mi27, Thornbury Park, Rogerstone, Newport NP10 9DP2
£130K11/230.72 mi14, Joyce Close, Newport NP20 3JD2
£142.8K05/220.75 miFlat 7, Highfield Court, Foxwood Close, Bassaleg, Newport NP10 8QB2
£150K06/220.78 miFlat 24, Foxwood Court, Foxwood Close, Bassaleg, Newport NP10 8PQ2
£160K12/200.78 miFlat 12, Foxwood Court, Foxwood Close, Bassaleg, Newport NP10 8PQ2
£182.5K12/230.78 miFlat 14, Foxwood Court, Foxwood Close, Bassaleg, Newport NP10 8PQ2
£110K09/230.79 mi135, Shakespeare Crescent, Newport NP20 3JA2
£128K02/230.79 mi117, Shakespeare Crescent, Newport NP20 3JA2

Local Rents

14 rents from £800/mo to £1.6K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£80011/240.04 mi-2
£1,20012/240.16 mi-2
£1,60001/250.16 mi-2
£1,60001/250.16 mi-2
£1,60002/250.16 mi-2
£87501/250.32 mi-2
£90008/240.35 miGolden Mile View2
£1,05008/240.36 miRhymney Way, Bassaleg, NEWPORT2
£90006/240.36 miRuperra Close, Bassaleg, 2
£87506/240.37 miGolden Mile View2
£90008/240.38 miChurchmead, Bassaleg2
£89007/240.39 miGolden Mile View, Newport, NP202
£89008/240.39 mi-2
£92502/250.39 mi-2

Local Area Statistics

Population in NP10

23,411

Population in Newport

229,937

Town centre distance

55.73 miles away

Nearest school

0.40 miles away

Nearest train station

0.12 miles away

 

 

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+33%

Property History

Listed for £150,000

February 7, 2025

Floor Plans

Description

  • RENOVATED GROUND FLOOR FLAT +
  • 2 DOUBLE BEDROOMS +
  • REFITTED BATHROOM +
  • REFITTED KITCHEN +
  • LIVING ROOM +
  • NO CHAIN +
  • LARGE REAR GARDEN +
  • WALKING DISTANCE TO PYE CORNER TRAIN STATION +
  • BASSALEG SCHOOL CATCHMENT AREA +

*NO CHAIN!! PERFECT FOR FIRST TIME BUYERS!! FULLY RENOVATED, 2 DOUBLE BEDROOM, GROUND FLOOR FLAT WITH REFITTED KITCHEN, SPACIOUS LIVING ROOM, REFITTED BATHROOM & LARGE PRIVATE GARDEN WITHIN BASSALEG SCHOOL CATCHMENT AREA* A fully renovated, ground floor flat situated in the High Cross area to the west of Newport within walking distance to all local amenities, bus routes, Bassaleg School, Pye Corner train station with direct lines to Cardiff & easy access of Junction 27 & 28 of the M4. Perfect for first time buyers, in brief the accommodation comprises: To the ground floor: An entrance porch, living room, kitchen, two double bedrooms and refitted bathroom. Outside, to the rear is a storage shed and large, enclosed, private garden.
The property further benefits from having a new gas combi boiler, electrics, windows, doors, electrics and has been plastered throughout.

Agent Details

M2 Estate Agents, Newport

01633 603652

Next Steps?

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