438 Corporation Road, Newport, Newport NP19 0GA
By Auction House Wales
£ 150,000
Reviews
2 out of 5 stars
Auction House Wales says ..
Bidding opens Monday 3rd February 2025 at Midday and closes Wednesday 5th February 2025 at Midday.
Property Oracle says ..
This property, located at 438 Corporation Road, Newport, is a commercial property currently operating as a takeaway restaurant. The property’s exterior appears relatively well-maintained from the provided image. However, the interior photos reveal a commercial kitchen in need of substantial cleaning and potential refurbishment. The state of the kitchen greatly impacts the overall condition assessment. The property also includes a rear outbuilding which serves as a garage. However, it appears cluttered and requires significant tidying or renovation. The lack of information on the property’s total square footage and plot size limits a thorough assessment. Nearby properties vary significantly in price, suggesting a range of property types and conditions in the immediate neighborhood. Proximity to schools and relatively convenient transportation connections are positive aspects. The area appears to be a mix of residential and commercial properties. Potential buyers must consider both the refurbishment needs and the property’s location when evaluating its overall value. The listed price seems reasonable in context to similar properties; however, the required work and lack of precise property details influence the perceived value.
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
- 5
- Location
- 4
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 0
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 %
- Average area rental value
- 1,178.00 £/moIncreased by 8.17 %
- Est rental Yield
- 3.92 %Increased by 25.24 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Auction House Wales created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Patrick'S R.C. Primary School | Welsh Establishment | 0.73 KM | |
| Catch22 Include Wales | Welsh Establishment | 0.77 KM | |
| Eveswell Primary School | Welsh Establishment | 0.84 KM | |
| Sporting Chance | Welsh Establishment | 1.10 KM | |
| St Joseph'S R.C. Primary School | Welsh Establishment | 1.29 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Gaskell Street | £ 150,000 | 0 | 0.00 KM |
| Bilston Street | £ 0 | 0 | 0.00 KM |
| Argosy Close | £ 230,000 | 0 | 0.00 KM |
| Telford Street | £ 142,500 | 0 | 0.00 KM |
| Dudley Street | £ 178,333 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newport (South Wales) | 3674 | NWP | 3.07 KM |
| Pye Corner | 1663 | PYE | 7.07 KM |
| Cwmbran | 3738 | CWM | 9.53 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Caldicot Street, Newport | £ 130,000 | BUY | 6 / 10 | 0.09 KM |
| Portskewett Street, Newport, NP19 | £ 140,000 | BUY | 6 / 10 | 0.09 KM |
| Land next to, 29 Gaskell Street, Newport, NP19 0GH | £ 29,000 | BUY | 5 / 10 | 0.12 KM |
| Amelia Close, Newport | £ 250,000 | BUY | 7 / 10 | 0.16 KM |
| Land adjacent to 29, Gaskell Street, Newport, Gwent, NP19 0GH | £ 13,500 | BUY | 4 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 418a Corporation Road | £ 28,000 | 0.08 KM |
| 390 Corporation Road | £ 124,000 | 0.09 KM |
| 438 Corporation Road | £ 150,000 | 0.09 KM |
| 420 Corporation Road | £ 75,000 | 0.09 KM |
| 416 Corporation Road | £ 98,000 | 0.09 KM |