3 Bed Terraced House, Single Let, Newport, NP19 9PG, £120,000

Ringland Circle, Newport, NP19 9PG - 4 views - a month ago

BTL
ROI: 10%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£120K - £345K
Sold Prices/m²£1.4K/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£148,800
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£550 - £1,350

Rent Estimate

£888

Running Costs/mo

£573

Cashflow/mo

£315

Cashflow/yr

£3,785

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £120K to £345K, average is £177.8K. £1.4K/m² to £3.3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£230K11/210.11 mi38, Ladyhill Road, Newport NP19 9RZ3
£157.5K08/230.15 mi228, Aberthaw Road, Newport NP19 9NZ3
£147K08/230.17 mi2, Eric Coates Walk, Newport NP19 9PD3
£150K06/210.17 mi7, Hendre Farm Drive, Newport NP19 9LG3
£260K09/230.18 mi23, Ladyhill Road, Newport NP19 9SA3
£142.5K05/210.19 mi3, Dents Close, Newport NP19 9EP3
£200K04/230.2 mi1, Dents Close, Newport NP19 9EP3
£300K07/220.21 mi170, Ringland Circle, Newport NP19 9PL3
£155K01/210.25 mi101, Ringwood Hill, Newport NP19 9EA3
£122K02/210.26 mi7, Quilter Close, Newport NP19 9RE3
£135K02/210.27 mi2, Tallis Close, Newport NP19 9LW3
£150K11/210.3 mi63, Hendre Farm Drive, Newport NP19 9LH3
£160K03/240.3 mi63, Hendre Farm Drive, Newport NP19 9LH3
£227K06/210.3 mi36, Ringwood Avenue, Newport NP19 9DW3
£146K06/230.3 mi122, Aberthaw Road, Newport NP19 9QS3
£252.5K01/230.32 mi9, Neston Road, Newport NP19 9DX3
£230K05/210.32 mi7, Neston Road, Newport NP19 9DX3
£195K01/210.33 miLynwood, Bishpool Lane, Newport NP19 9EF3
£165K07/230.39 mi34, Bishpool View, Newport NP19 9BG3
£177.5K04/210.39 mi30, Bishpool View, Newport NP19 9BG3
£185K02/230.4 mi624, Chepstow Road, Newport NP19 9EX3
£155K07/230.4 mi19, Sterndale Bennett Road, Newport NP19 9LX3
£120K12/200.4 mi25, Sterndale Bennett Road, Newport NP19 9LX3
£145K03/210.4 mi238, Ringland Circle, Newport NP19 9PR3
£225K10/230.42 mi100, Aberthaw Road, Newport NP19 9QQ3
£200K04/230.42 mi73, Aberthaw Road, Newport NP19 9QQ3
£152K01/240.42 mi34, Edward German Crescent, Newport NP19 9ND3
£290K10/220.42 mi65, East Grove Road, Newport NP19 9QE3
£224.5K06/230.43 mi679, Chepstow Road, Newport NP19 9BY3
£170.5K07/210.43 mi699, Chepstow Road, Newport NP19 9BY3
£345K10/220.43 mi651, Chepstow Road, Newport NP19 9BY3
£175K04/210.43 mi17, Aberthaw Close, Newport NP19 9QA3
£200K12/220.44 mi156, Liswerry Road, Newport NP19 9QR3
£222.5K12/230.44 mi142, Liswerry Road, Newport NP19 9QR3
£178K02/230.44 mi88, Aberthaw Road, Newport NP19 9QQ3
£192K12/230.45 mi68, Glanwern Avenue, Newport NP19 9DH3
£160K12/200.45 mi676, Chepstow Road, Newport NP19 9FB3
£250K12/220.47 mi46, Glanwern Avenue, Newport NP19 9BW3
£245K04/230.47 mi42, Glanwern Avenue, Newport NP19 9BW3
£250K03/230.47 mi44, Glanwern Avenue, Newport NP19 9BW3
£148K04/240.47 mi143, Hendre Farm Drive, Newport NP19 9LQ3
£140K07/210.49 mi16, Warlock Close, Newport NP19 9NA3
£140K04/210.49 mi5, Newman Close, Newport NP19 9NB3
£160K10/230.5 mi125, Moorland Park, Newport NP19 4NB3
£220K11/210.5 mi25, East Grove Road, Newport NP19 9QH3
£234K05/210.5 mi23, East Grove Road, Newport NP19 9QH3
£175K01/210.5 mi2, Glanwern Close, Newport NP19 9BT3
£235K12/220.5 mi66, Cotswold Way, Newport NP19 9DL3
£285K01/210.5 mi49, Cotswold Way, Newport NP19 9DL3
£155K12/200.5 mi23, Glanwern Grove, Newport NP19 9BX3

Local Rents

17 rents from £550/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05008/240.15 miDunstable Road, NEWPORT3
£1,20011/240.18 mi-3
£85006/240.24 miElgar Avenue, Newport3
£97504/240.35 mi-3
£1,15006/240.38 miBishpool View, Newport, 3
£1,15007/240.38 miBishpool View, Newport, 3
£1,00007/240.4 mi-3
£1,00006/240.4 miBishpool View, Newport, NP193
£1,35006/240.42 miAberthaw Road, Newport3
£1,00006/230.46 mi-3
£1,20008/240.48 miDetached House, William Morris Drive, Newport3
£1,20004/250.49 mi-3
£90008/240.5 miMoorland Park, NEWPORT3
£1,30010/240.51 mi-3
£1,30010/240.51 mi-3
£1,15004/250.58 mi-3
£55006/240.58 miHawkins Crescent, Newport, 3

Local Area Statistics

Population in NP19

51,561

Population in Newport

229,937

Town centre distance

59.32 miles away

Nearest school

0.20 miles away

Nearest train station

2.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Seller's market

Capital growth (5yrs)

+47%

Property History

Listed for £120,000

March 20, 2025

Floor Plans

Description

  • NO CHAIN +
  • 3 BEDROOMS +
  • TERRACED PROPERTY +
  • EXCELLENT M4 CORRIDOR LINKS +
  • FRONT AND REAR GARDEN +
  • DOUBLE GLAZING +
  • QUIET LOCATION +
  • EXCELLENT POTENTIAL FOR REFURBISHMENT +
  • ON ROAD PARKING +

NO CHAIN Located just outside the City Centre, this property is in a perfect location for anyone who works in the centre of Newport or commuters to Cardiff, Bristol, or London, with easy access to the M4 corridor. Newport's Retail Park and Friars Walk Shopping Centre are close by with several restaurants, cafes, and shops. With great potential, this property would be ideal for a young couple, family or investor, with opportunity to be completely transformed into a modern home. On the ground floor we have a good size kitchen, which accesses the rear, sunny garden. There is also a spacious, double aspect living/dining room and a good size front garden. On street parking is available outside. Upstairs, we have three bedrooms, two of which are generous doubles and the third a good size single. From the landing, there is a shower room and separate w.c., which could easily be converted to create one space, if preferred.

Measurements:
Living/Dining Room: 5.5m x 5.3m Kitchen:  3m x 3m  Cloakroom:  3m x 1.6m Bedroom 1:  3.8m x 3.1m Bedroom 2: 3.5m x 3.2m Bedroom 3:  3.5m x 2.8m Shower room:  1.8m x 1.7m Separate W.C: 1.1m x 1.1m Council Tax: Band B  Tenure:  FREEHOLD
EPC Rating: tbc   Note: The gas supply to this property has been capped off (due to personal preference).
Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, Midlands, South West & Wales

01202 145444

Next Steps?

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