Number One Real Estate says ..

Property Oracle says ..

This three-bedroom terraced house located on London Street in Newport, Gwent presents a mixed opportunity. The property’s location is a positive, offering proximity to schools and Newport train station, enhancing its potential appeal to families and commuters. However, the property is in a significant state of disrepair. The interior photographs clearly demonstrate the need for extensive renovation, affecting walls, flooring, and several rooms requiring significant work. While the bathroom seems to have been recently updated, the overall impression is one of a property requiring substantial investment before becoming fully habitable. The small rear garden adds minimal outdoor space. The pricing of £175,000 seems potentially justifiable given the need for renovations and similar sales of terraced houses nearby, but the lack of precise square footage data for nearby properties hampers a definitive price comparison per square foot. Prospective buyers should budget significantly for refurbishment and factor in the costs associated with such a large-scale renovation project before making an offer. Additional information on the plot size and detailed comparable property data is necessary to offer a more precise valuation and assessment of the property’s value for money. The address, location, and the relative ease of transport may increase appeal to certain buyers willing to commit to this renovation project.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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