North Road, Pontywaun, Cross Keys, Newport. NP11 7FZ
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North Road, Pontywaun, Cross Keys, Newport. NP11 7FZ

By Davis & Sons

£ 210,000

Reviews

2 out of 5 stars

Davis & Sons says ..

**OUTLINE PLANNING FOR FOUR HOUSES WITH PARKING AND GARDENS**

Property Oracle says ..

This listing is for a plot of land on North Road in Pontywaun, Cross Keys, with outline planning permission for the construction of four houses, each with parking and gardens. The location offers relatively convenient access to Crosskeys train station and several primary schools. However, the immediate surroundings shown in the aerial photographs appear less attractive than the nearby streets with higher average house prices. The land itself is undeveloped but the available planning permission mitigates this. The price of £210,000 is a significant investment and its profitability hinges on successful development and sale of the proposed homes. The absence of detailed specifications for the proposed development, such as the size of each house, makes a definitive judgment on value difficult. Further due diligence including surveying costs, building permits, building materials and labour costs, and potential sale values are important to assess before any investment decisions.

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
1
Location
6
Land
7
Bedrooms
0
Bathrooms
0

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
219,115.00 £
Increased by 18.08 %
from 185,563.00 £
Average area rental value
1,500.00 £/mo
Increased by 50.30 %
from 998.00 £/mo
Est rental Yield
8.21 %
Increased by 27.29 %
from 6.45 %
Crime Rate
29.00 %
Unchanged by 0.00 %
from 29.00 %

Agent Activity

  • Davis & Sons created the listing.

Nearby Schools

NameTypeOfstedDistance
Cwmcarn Primary SchoolWelsh Establishment0.55 KM
Waunfawr Primary SchoolWelsh Establishment1.30 KM
Y.G. Cwm GwyddonWelsh Establishment2.01 KM
Abercarn Primary SchoolWelsh Establishment2.78 KM
Risca Primary SchoolWelsh Establishment3.59 KM

Images

Not Specified Not Specified Not Specified Main Image

Nearby Streets

NameAverage PriceAverage SqftDistance
Twyncarn Road £ 000.00 KM
James Ville £ 000.00 KM
Park Place £ 250,00000.00 KM
Hall's Road Terrace £ 155,00000.00 KM
Park Street £ 168,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Crosskeys9902CKY1.11 KM
Newbridge9919NBE4.29 KM
Risca And Pontymister9920RCA4.68 KM
Rogerstone9921ROR7.68 KM
Llanhilleth9916LTH7.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
North Road, Pontywaun, Cross Keys, Newport. NP11 7FZ £ 210,000BUY4 / 100.00 KM
Coronation Place, Pontywaun, Cross Keys, NP11 £ 149,950BUY6 / 100.13 KM
Cwmcarn, Newport, NP11 £ 125,000BUY6 / 100.23 KM
Hilary Rise, NP11 7GL £ 475,000BUYUnknown0.24 KM
The Mews, Cwmcarn, NEWPORT £ 100,000BUY5 / 100.27 KM

Nearby Properties

AddressPriceDistance
76 North Road £ 52,0000.01 KM
100 North Road £ 80,0000.01 KM
9 North Road £ 111,5000.01 KM
46 North Road £ 93,0000.01 KM
52 North Road £ 120,0000.01 KM