Modern Flat, William Morris Drive, Newport
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Modern Flat, William Morris Drive, Newport

By Crook & Blight

£ 75,000

Reviews

2 out of 5 stars

Crook & Blight says ..

A purpose built top floor studio apartment offering one double bedroom accommodation with off road parking in a convenient location just off Chepstow Road, only a short distance from excellent road and motorway links at junction 24 of the M4. SOLD WITH TENANT IN SITU - CURRENTLY PAYING £420...

Property Oracle says ..

This property is a one-bedroom flat located in Ringland, Newport, listed at £75,000. The flat is described as a purpose-built top-floor studio apartment. While the property’s location offers convenient access to the M4 motorway via Junction 24 and is near several schools, the provided photos reveal a property that requires some level of modernisation and refurbishment. The kitchen and bathroom appear dated, and the cleanliness of the flat might impact its perceived value and appeal to potential buyers. The lack of available square footage data prevents a thorough cost-per-square-foot analysis. The surrounding area exhibits a range of property values, some significantly higher than the listed price, others comparable. While the price seems relatively affordable given the market, buyers should factor in the potential cost of renovation and updating the property. The absence of detailed information about the property’s amenities and community aspects presents a limitation in fully assessing the property’s overall value and desirability. The limited outdoor space also impacts the appeal. Overall, it presents an opportunity for a buyer looking for a reasonably priced property but willing to invest in renovations. However, interested parties should conduct a thorough independent assessment and due diligence before purchasing.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
1
Bedrooms
1
Bathrooms
1

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
360,833.00 £
Decreased by 13.57 %
from 417,504.00 £
Average area rental value
1,178.00 £/mo
Increased by 8.17 %
from 1,089.00 £/mo
Est rental Yield
3.92 %
Increased by 25.24 %
from 3.13 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Crook & Blight created the listing.

Nearby Schools

NameTypeOfstedDistance
St Gabriel'S R.C. Primary SchoolWelsh Establishment0.62 KM
Ringland PrimaryWelsh Establishment0.88 KM
Llanwern High SchoolWelsh Establishment1.29 KM
Ysgol Gymraeg CasnewyddWelsh Establishment1.39 KM
Alway PrimaryWelsh Establishment1.60 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Clement Atlee Drive £ 290,00000.00 KM
Springfield Drive £ 315,80000.00 KM
Coldra Mill Park £ 1,600,00000.00 KM
Howard Close £ 140,00000.00 KM
Nelson Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Newport (South Wales)3674NWP6.56 KM

Nearby Listings

AddressPriceTypeScoreDistance
Modern Flat, William Morris Drive, Newport £ 75,000BUY4 / 100.00 KM
William Morris Drive, Newport, NP19 £ 99,950BUY7 / 100.00 KM
William Morris Drive, Newport, NP19 £ 75,000BUY7 / 100.00 KM
Investment Opportunity, William Morris Drive, Newport £ 73,000BUY5 / 100.05 KM
Chepstow Road, Newport, NP19 £ 250,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
40 William Morris Drive £ 143,0000.01 KM
46 William Morris Drive £ 100,0000.01 KM
35 William Morris Drive £ 79,9950.01 KM
32 William Morris Drive £ 115,0000.01 KM
31 William Morris Drive £ 93,5000.01 KM