5 Bed HMO, Newport, NP19 8GH £230,000

Chepstow Road, Newport, NP19 8GH - 3 views - 2 years ago
Auction
HMO
ROI: 15%
~144 m²
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+5 photos

ValuationUndervalued

Sold Prices£90K - £640K
Sold Prices/m²£768/m² - £3.5K/m²

 

 

Square Metres

~144.40 m²
Price/m²£1.6K/m²

Value Estimate

£281,524
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£14,800

Total Cash In

£72,300

 

 

Cash Out

 

Room Rate

£546

Gross Rent

£2,730

Running Costs/mo

£1,836

Cashflow/mo

£894

Cashflow/yr

£10,725

ROI

15%

Gross Yield

14%

Local Sold Prices

34 sold prices from £90K to £640K, average is £378.8K. £768/m² to £3.5K/m², average is £2K/m².

Price
Date
Distance
Address
Beds
 
£300K01/240.07 mi12, Kensington Place, Newport NP19 8GL5
£380K10/210.16 mi33, Kensington Place, Newport NP19 8GP5
£310K05/230.37 mi63, Somerset Road, Newport NP19 7GB5
£177K11/230.61 mi225, Caerleon Road, Newport NP19 7HA5
£415K11/220.64 mi32, Carlton Road, Newport NP19 7LA5
£475K10/210.66 mi2, Vale View, Newport NP19 7QQ5
£455K02/230.95 mi484, Chepstow Road, Newport NP19 9DB5
£90K11/230.98 mi222, Christchurch Road, Newport NP19 8BJ5
£320K05/211.05 mi47, Dewsland Park Road, Newport NP20 4EG5
£340K09/231.14 mi7, St Marks Crescent, Newport NP20 5HD5
£255K02/231.15 mi10, Godfrey Road, Newport NP20 4NX5
£165K11/211.2 mi17, Caerau Road, Newport NP20 4HL5
£450K02/231.32 mi28, Llanthewy Road, Newport NP20 4LD5
£455K11/211.32 mi15, Fields Park Road, Newport NP20 5BA5
£375K03/241.35 mi26, Cotswold Way, Newport NP19 9DL5
£377.5K02/251.39 mi208, Stow Hill, Newport NP20 4HB5
£640K10/231.39 mi11, Westfield Road, Newport NP20 4ND5
£386.5K10/241.41 mi35, Waterloo Road, Newport NP20 4FP5
£475K07/251.43 mi4, Mons Close, Newport NP20 5ET5
£265K04/241.43 mi29, Bryngwyn Road, Newport NP20 4JU5
£307.5K04/251.46 mi22, Waterloo Road, Newport NP20 4FP5
£207K07/211.48 mi52, Coldra Road, Newport NP20 4FF5
£385K11/231.5 mi9, Conifer Close, Caerleon, Newport NP18 3RH5
£611K11/221.52 mi3, Ash Tree View, Newport NP20 5BX5
£240K01/231.55 mi23, Risca Road, Newport NP20 4HX5
£518K03/251.58 mi8, Broadleaf Way, Newport NP20 5BZ5
£518K03/251.58 mi8, Broadleaf Way, Newport NP20 5BZ5
£465K10/241.6 mi5, Stow Park Gardens, Newport NP20 4HP5
£355K10/221.73 mi3, Yewberry Close, Newport NP20 6WJ5
£350K09/231.75 mi85, Melfort Road, Newport NP20 3FR5
£483K12/241.88 miFairfield, Station Road, Caerleon, Newport NP18 1NH5
£570K09/231.93 mi68, Cambria Close, Caerleon, Newport NP18 1LF5
£395K01/231.97 mi22, Westfield Gardens, Newport NP20 6PW5
£140K06/211.97 mi20, Westfield Close, Caerleon, Newport NP18 3ED5

Local Area Statistics

Population in NP19

51,561

Population in Newport

229,937

Town centre distance

58.18 miles away

Nearest school

0.20 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Price changed to £230,000

February 28, 2025

Listed for £280,000

October 12, 2023

Floor Plans

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Description

  • INVESTMENT OPPORTUNITY ** 5 BEDROOM HMO LICENSE** ALSO FULLY EQUIPPED AIR B & B +
  • BAY FRONTED TRADITIONAL PROPERTY WITH PLENTY OF SPACE +
  • MODERN THROUGHTOUT AND READY TO LET OUT WITH ALL FURNISHINGS INCLUDING +
  • MODERN FITTED KITCHEN +
  • GROUND FLOOR SHOWER ROOM WITH WC +
  • FIRST FLOOR MODERN BATHROOM +
  • CONVENIENT LOCATION WITH LOCAL AMENITIES AND SHORT JOURNEY INTO THE CITY CENTRE +
  • EASY ACCESS TO THE M4 MOTORWAY FOR CARDIFF, BRISTOL AND BEYOND +
  • BEING SOLD WITH NO ONWARD CHAIN +
  • Being Sold by Isla Alexander Modern Auction (BUY IT NOW Option Available) – Reservation Fee Applies +

This Property is Being sold by Isla Alexander Modern Auction.  Modern Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale. A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed. Please contact Isla Alexander Estate Agents to view these documents. When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £6,600 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Isla Alexander Team. Introducing this beautifully presented home situated just outside the City Centre, showcasing a charming bay fronted exterior and boasting many original features, this property effortlessly blends classic charm with contemporary living.

With an HMO licence that is valid till 2025, this home presents an exceptional investment opportunity for those seeking a lucrative venture. Conveniently located just a short journey away from the train station and with easy access to the M4, this property ensures both a swift commute and seamless connectivity.

Upon entering, you are greeted by a ground floor WC/Shower room, providing convenience and practicality. As a ready-made investment opportunity, this excellent residence is being sold with all furnishings, guaranteeing a hassle-free transition.

Currently, the property is being advertised on Airbnb, generating a healthy and consistent income. This outstanding income potential positions this home as the perfect readymade investment, offering you a profitable venture from day one.

Benefiting from a convenient location, this property is within close proximity to an ample array of amenities, catering to every resident's needs and desires. Convenience and comfort are effortlessly achieved in this residence.

Additionally, this home boasts a modernised kitchen and bathrooms, creating a harmonious blend of style and functionality, ensuring that daily tasks are carried out with ease and finesse.

Set in a prime location, this magnificent residence is sure to impress even the most discerning buyers. This property offers a fantastic opportunity for investors or those seeking a comfortable and convenient family home.

With its period features, HMO licence, and promising potential for an excellent return on investment, this property is a truly exceptional find. Don't miss the chance to secure this remarkable estate, offering both style and substance for the astute buyer.

For more information or to arrange a viewing, please do not hesitate to contact our dedicated sales team. This property is a true gem, one you'll be proud to call your own. Lounge 14’4 × 14’1 Bedroom three 11’9 × 11’5 Dining Room 14’9 × 12’9 Kitchen 11’1 × 9’8 Shower Room 6’6 × 2’5 First floor landing 20’7 × 5’9 Bedroom one 14’6 × 11’5 Bedroom two 12’1 × 11’5 Bedroom four 10’8 × 8’6 Bedroom five 9’3 × 5’9 Bathroom 7’7 × 5’1

EPC Rating: D

Agent Details

Isla-Alexander, Covering Nationwide

029 2130 2037

Next Steps?

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