Investors Only. Pottery Terrace, Newport
By Red Dragon Estates
£ 75,000
Reviews
2 out of 5 stars
Red Dragon Estates says ..
Investors Only.... Just a short distance from Newport City Centre and all of the benefits that brings is this ideal Investment Opportunity boasting a tenant in situ (£750 PCM), spacious, recently refurbished accommodation throughout and excellent transport links for those wanting to commute...
Property Oracle says ..
This property is a 2-bedroom, 1-bathroom ground floor flat located in Pillgwenlly, Newport, marketed as an investment opportunity. The apartment appears recently refurbished, with a modern kitchen and bathroom. The flat boasts a spacious open-plan living and kitchen area, and while the photos only show the interior, the overall presentation is clean and tidy. The listing mentions a tenant in situ, which is a significant factor for investors. The location is convenient to Newport city centre and benefits from good transportation links to the train station. The lack of outdoor space is a notable drawback, common for apartments. The price of £75,000 seems reasonable when considered in comparison to other properties in the area. However, prospective buyers should conduct further research to determine the desirability of the area and the long-term rental potential. The lack of information regarding the property’s plot size prevents a more precise square foot pricing analysis. Further information on the tenant, rental income and length of tenancy will be required to fully assess the property’s potential investment return.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 713.00
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
- 160,000.00 £Decreased by 15.54 %
- Est sale value
- 108,376.00 £Decreased by 27.27 %
- Average area rental value
- 1,169.00 £/moIncreased by 9.66 %
- Est letting value
- 713.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 8.77 %Increased by 29.93 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Red Dragon Estates marked this listing as sold.
Red Dragon Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Michael'S R.C. Primary School | Welsh Establishment | 0.30 KM | |
| Pillgwenlly C.P. School | Welsh Establishment | 0.45 KM | |
| Sporting Chance | Welsh Establishment | 1.01 KM | |
| St Woolos Primary School | Welsh Establishment | 1.39 KM | |
| Maindee C.P. School | Welsh Establishment | 1.59 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Alice Street | £ 186,667 | 0 | 0.00 KM |
| James Street | £ 175,000 | 0 | 0.00 KM |
| Carlisle Street | £ 0 | 0 | 0.00 KM |
| Temple Street | £ 140,000 | 0 | 0.00 KM |
| St. Stephen's Road | £ 144,975 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newport (South Wales) | 3674 | NWP | 1.96 KM |
| Pye Corner | 1663 | PYE | 5.19 KM |
| Rogerstone | 9921 | ROR | 8.71 KM |
| Cwmbran | 3738 | CWM | 9.60 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Pottery Terrace, Newport | £ 90,000 | BUY | 5 / 10 | 0.00 KM |
| St Stephens Court, Newport | £ 79,950 | BUY | 5 / 10 | 0.01 KM |
| Pottery Terrace, Newport, South Wales, NP20 | £ 71,000 | BUY | Unknown | 0.01 KM |
| St Stephens Court, Newport | £ 85,000 | BUY | 5 / 10 | 0.02 KM |
| Alice Street, Newport, NP20 | £ 210,000 | BUY | 5 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Marion Place | £ 98,000 | 0.06 KM |
| 18 Marion Place | £ 95,000 | 0.06 KM |
| 4 Marion Place | £ 107,000 | 0.06 KM |
| 6 Marion Place | £ 88,000 | 0.07 KM |
| 8 Marion Place | £ 160,000 | 0.07 KM |