Investors Only. Pottery Terrace, Newport
RE

Investors Only. Pottery Terrace, Newport

By Red Dragon Estates

£ 75,000

Reviews

2 out of 5 stars

Red Dragon Estates says ..

Investors Only.... Just a short distance from Newport City Centre and all of the benefits that brings is this ideal Investment Opportunity boasting a tenant in situ (£750 PCM), spacious, recently refurbished accommodation throughout and excellent transport links for those wanting to commute...

Property Oracle says ..

This property is a 2-bedroom, 1-bathroom ground floor flat located in Pillgwenlly, Newport, marketed as an investment opportunity. The apartment appears recently refurbished, with a modern kitchen and bathroom. The flat boasts a spacious open-plan living and kitchen area, and while the photos only show the interior, the overall presentation is clean and tidy. The listing mentions a tenant in situ, which is a significant factor for investors. The location is convenient to Newport city centre and benefits from good transportation links to the train station. The lack of outdoor space is a notable drawback, common for apartments. The price of £75,000 seems reasonable when considered in comparison to other properties in the area. However, prospective buyers should conduct further research to determine the desirability of the area and the long-term rental potential. The lack of information regarding the property’s plot size prevents a more precise square foot pricing analysis. Further information on the tenant, rental income and length of tenancy will be required to fully assess the property’s potential investment return.

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

Price
7
Condition
7
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
713.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
400,449.00 £
Increased by 9.05 %
from 367,227.00 £
Est sale value
252,402.00 £
Decreased by 2.21 %
from 258,106.00 £
Average area rental value
1,078.00 £/mo
Decreased by 1.73 %
from 1,097.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 713.00 £/mo
Est rental Yield
3.23 %
Decreased by 9.78 %
from 3.58 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Red Dragon Estates marked this listing as sold.

  • Red Dragon Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
St Michael'S R.C. Primary SchoolWelsh Establishment0.30 KM
Pillgwenlly C.P. SchoolWelsh Establishment0.45 KM
Sporting ChanceWelsh Establishment1.01 KM
St Woolos Primary SchoolWelsh Establishment1.39 KM
Maindee C.P. SchoolWelsh Establishment1.59 KM

Images

Photo 12 Photo 12 Photo 1 Photo 10 Photo 11 Photo 8 Photo 7 Photo 4 Photo 13 Photo 14 Photo 6 Photo 3

Nearby Streets

NameAverage PriceAverage SqftDistance
Alice Street £ 186,66700.00 KM
James Street £ 175,00000.00 KM
Temple Street £ 140,00000.00 KM
St. Stephen's Road £ 144,97500.00 KM
Adeline Street £ 169,98300.00 KM

Nearby Transport

NameNLCTLCDistance
Newport (South Wales)3674NWP1.96 KM
Pye Corner1663PYE5.19 KM
Rogerstone9921ROR8.71 KM
Cwmbran3738CWM9.60 KM

Nearby Listings

AddressPriceTypeScoreDistance
Investors Only. Pottery Terrace, Newport £ 75,000BUY5 / 100.00 KM
Alexandra Road, Newport £ 170,000BUYUnknown0.13 KM
Adeline Street, Newport £ 190,000BUY5 / 100.21 KM
Temple Street, Newport, NP20 £ 140,000BUYUnknown0.32 KM
Temple Street, Newport £ 190,000BUYUnknown0.34 KM

Nearby Properties

AddressPriceDistance
11 Marion Place £ 98,0000.06 KM
18 Marion Place £ 95,0000.06 KM
4 Marion Place £ 107,0000.06 KM
8 Marion Place £ 160,0000.07 KM
6 Marion Place £ 88,0000.07 KM