Peter Alan says ..

Property Oracle says ..

This three-bedroom terraced house on Feering Street in Newport, Gwent, is currently listed at £135,000. The property’s location offers a degree of convenience, given its proximity to schools such as St Joseph’s R.C. Primary School and Eveswell Primary School and the relatively close distance to Newport (South Wales) railway station. The nearby streets indicate average house prices in the area range from £52,000 to £245,000 which puts this property in the mid-range. The property features three bedrooms and one bathroom. However, the provided images reveal an interior that shows its age and would benefit from significant modernisation. The kitchen and bathroom appear dated and require updating, while the overall condition suggests cosmetic improvements and potentially some repairs are needed. The garden space is small and in a considerably overgrown state, requiring substantial work to make it usable. In summary, the property presents a potential investment opportunity for buyers willing to undertake renovations and improvements. The location offers some advantages, but the condition of the house and garden need to be factored into any purchase decision. The lack of square footage data makes a thorough valuation difficult, but the listed price seems relatively appropriate within the context of comparable properties in the area, considering the condition of the property as presented in the provided photos. A full survey would be necessary before committing to a purchase.

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

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