Sage & Co Auctions says ..

Property Oracle says ..

The property located at 4 Navigation Road, Risca, Newport, Gwent, NP11 6FE is a 2-bedroom, 1-bathroom terraced house with a total area of 724.30 sqft and a plot size of 883.72 sqft. The property is listed at £85,000.

Based on the provided images, the property is in need of some modernisation and updating. The kitchen and bathroom appear dated and require refurbishment. There is evidence of some damp or water damage in several areas. The flooring and walls also require attention. While the structure of the property seems sound, significant cosmetic work and potential repairs are needed.

The property benefits from a small yard and a rear garden, although the garden is currently overgrown and requires significant maintenance. The presence of both a front and rear outdoor space is a positive feature.

The location in Risca, Newport, places the property relatively close to Risca And Pontymister train station (1.21 KM). Several primary schools are within a reasonable distance, including Risca Primary School (0.51 KM) and Ty Sign Primary School (0.99 KM). This proximity to amenities and transport links is a positive aspect of the property’s location. However, further research into the quality of local schools and the overall desirability of the area would be beneficial.

Considering the property’s condition, the need for modernisation, and the relatively small size, the asking price of £85,000 requires further analysis. The average prices of nearby properties vary significantly, ranging from £47,500 to £400,000. This wide range indicates a diverse housing market in the area and highlights the need to consider the specifics of comparable properties. The lack of price per sqft data for nearby properties makes a precise comparison challenging. However, given the condition and the need for significant investment, the listed price might be considered reasonable for a buyer willing to undertake renovation work. A thorough professional survey is strongly recommended before any 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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