Parkmans says ..

Property Oracle says ..

The property is a 3-bedroom terraced house located on High Street, Newbridge, Newport, with a list price of £130,000. The property has 1088.23 sqft of living space and is situated in the West Wales And The Valleys district.

The location is convenient, with Newbridge train station only 0.15km away, providing easy access to public transportation. Several primary schools are within a reasonable distance, including Newbridge School (0.32km), Tynewydd Primary School (0.61km), and Pantside Primary School (1.28km). This makes the property potentially attractive to families.

Based on the provided images, the property appears to be in need of significant renovation. Walls show signs of damage and require repair, and the kitchen and bathroom appear outdated and require modernisation. The overall condition suggests a considerable amount of work is needed before the property is habitable.

The plot size is listed as 0.00 sqft, indicating a lack of garden space. This is a common feature of terraced houses in this area and should be considered when assessing the property’s overall value.

Considering the average house price in the area is £418,366 and the average price per sqft is £329, the list price of £130,000 for this property seems low. However, this is likely due to the property’s condition and lack of outdoor space. The price may be considered reasonable for a buyer willing to undertake significant renovations. The nearby comparable properties, although lacking sqft data, are priced similarly, suggesting that the list price is within the expected range for properties requiring renovation in this area.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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