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
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Metrics Year-on-Year
- Average area value
- 360,833.00 £Decreased by 13.57 %
- Average area rental value
- 1,178.00 £/moIncreased by 8.17 %
- Est rental Yield
- 3.92 %Increased by 25.24 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Crook & Blight created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Gabriel'S R.C. Primary School | Welsh Establishment | 0.62 KM | |
| Ringland Primary | Welsh Establishment | 0.88 KM | |
| Llanwern High School | Welsh Establishment | 1.29 KM | |
| Ysgol Gymraeg Casnewydd | Welsh Establishment | 1.39 KM | |
| Alway Primary | Welsh Establishment | 1.60 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Clement Atlee Drive | £ 290,000 | 0 | 0.00 KM |
| Springfield Drive | £ 315,800 | 0 | 0.00 KM |
| Coldra Mill Park | £ 1,600,000 | 0 | 0.00 KM |
| Howard Close | £ 140,000 | 0 | 0.00 KM |
| Nelson Drive | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newport (South Wales) | 3674 | NWP | 6.56 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Modern Flat, William Morris Drive, Newport | £ 75,000 | BUY | 4 / 10 | 0.00 KM |
| William Morris Drive, Newport, NP19 | £ 99,950 | BUY | 7 / 10 | 0.00 KM |
| William Morris Drive, Newport, NP19 | £ 75,000 | BUY | 7 / 10 | 0.00 KM |
| Investment Opportunity, William Morris Drive, Newport | £ 73,000 | BUY | 5 / 10 | 0.05 KM |
| Chepstow Road, Newport, NP19 | £ 250,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 40 William Morris Drive | £ 143,000 | 0.01 KM |
| 46 William Morris Drive | £ 100,000 | 0.01 KM |
| 35 William Morris Drive | £ 79,995 | 0.01 KM |
| 32 William Morris Drive | £ 115,000 | 0.01 KM |
| 31 William Morris Drive | £ 93,500 | 0.01 KM |