Tredegar Street, Risca, Newport. NP11 6BU
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Tredegar Street, Risca, Newport. NP11 6BU

By Davis & Sons

£ 220,000

Reviews

3 out of 5 stars

Davis & Sons says ..

**2 BEDROOMS**OPTION FOR 3RD BEDROOM**MAISONETTE WITH A COMMERCIAL SHOP BELOW ON ONE FREEHOLD TITLE**THE SHOP HAS A FLEXIBLE GROUND FLOOR LAYOUT**SEPARATE ENTRANCE TO MAISONETTE AND SHOP**RISCA TOWN CENTRE**NO ONWARD CHAIN**

Property Oracle says ..

This property in Risca, Newport, presents a unique opportunity for investors or buyers seeking a blend of residential and commercial potential. The maisonette is presented in good condition with a modern, updated interior. The two-bedroom layout is comfortable and well-presented. The presence of a small garden adds some outdoor space, although it is not extensive. A significant benefit is the inclusion of a commercial shop on the ground floor, which offers considerable potential for rental income or business operation. Location-wise, the property is in Risca, offering reasonable access to local amenities, schools, and transport links to larger cities. The proximity of Risca town centre is a positive feature, but the town’s smaller size could be a factor for some buyers. The overall condition of the property appears excellent, from the provided photos and description. The asking price of £220,000 seems fairly competitive within the Risca market, especially when considering the additional commercial unit. However, potential buyers should perform their own thorough due diligence and valuations to ensure that the property is fairly priced and meets their own needs and requirements.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
1,000.00

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
209,988.00 £
Increased by 6.16 %
from 197,796.00 £
Est sale value
247,000.00 £
Increased by 23.50 %
from 200,000.00 £
Average area rental value
750.00 £/mo
Decreased by 9.96 %
from 833.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.29 %
Decreased by 15.05 %
from 5.05 %
Crime Rate
31.00 %
Unchanged by 0.00 %
from 31.00 %

Agent Activity

  • Davis & Sons created the listing.

Nearby Schools

NameTypeOfstedDistance
Risca Primary SchoolWelsh Establishment0.21 KM
Ty Sign Primary SchoolWelsh Establishment0.96 KM
Pentwynmawr Primary SchoolWelsh Establishment1.08 KM
Ty Isaf Infants & Nursery SchoolWelsh Establishment1.14 KM
Waunfawr Primary SchoolWelsh Establishment3.01 KM

Images

Main Image Not Specified Rear Garden Not Specified Lounge Lounge Lounge Not Specified Sitting Room/Bedroom 3 Sitting Room/Bedroom 3 Landing Kitchen Shower Room Landing Kitchen Shower Room Shower Room Bedroom 1 Bedroom 1 Bedroom 2 Bedroom 2 Hallway Hallway Hallway Shop Shop Dining Room Dining Room Shop Kitchen/Utility Room Kitchen/Utility Room Rear Garden

Nearby Streets

NameAverage PriceAverage SqftDistance
Wesley Place £ 165,00000.00 KM
Bridge Street £ 230,00000.00 KM
Highfield Close £ 182,66700.00 KM
Vale View £ 260,00000.00 KM
Gelli Llwynon Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Risca And Pontymister9920RCA1.01 KM
Crosskeys9902CKY3.11 KM
Rogerstone9921ROR4.06 KM
Pye Corner1663PYE7.72 KM
Newbridge9919NBE7.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
Park Road, Risca, NP11 £ 225,000BUYUnknown0.12 KM
Danygraig Road, Risca, NP11 £ 275,000BUY7 / 100.21 KM
Danygraig Road, Risca, NP11 £ 260,000BUY7 / 100.21 KM
Danygraig Road, Risca, NP11 £ 320,000BUY6 / 100.21 KM
Tredegar Terrace, Risca £ 160,000BUY6 / 100.21 KM

Nearby Properties

AddressPriceDistance
17 Tredegar Street £ 107,0000.04 KM
27 Tredegar Street £ 145,0000.04 KM
The Bridgend Inn House £ 295,0000.14 KM
3 Graig View £ 160,0000.15 KM
7 Graig View £ 90,0000.15 KM