438 Corporation Road, Newport, Newport NP19 0GA
AU

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 %
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
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Auction House Wales created the listing.

Nearby Schools

NameTypeOfstedDistance
St Patrick'S R.C. Primary SchoolWelsh Establishment0.73 KM
Catch22 Include WalesWelsh Establishment0.77 KM
Eveswell Primary SchoolWelsh Establishment0.84 KM
Sporting ChanceWelsh Establishment1.10 KM
St Joseph'S R.C. Primary SchoolWelsh Establishment1.29 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Gaskell Street £ 150,00000.00 KM
Bilston Street £ 000.00 KM
Argosy Close £ 230,00000.00 KM
Telford Street £ 142,50000.00 KM
Dudley Street £ 178,33300.00 KM

Nearby Transport

NameNLCTLCDistance
Newport (South Wales)3674NWP3.07 KM
Pye Corner1663PYE7.07 KM
Cwmbran3738CWM9.53 KM

Nearby Listings

AddressPriceTypeScoreDistance
Caldicot Street, Newport £ 130,000BUY6 / 100.09 KM
Portskewett Street, Newport, NP19 £ 140,000BUY6 / 100.09 KM
Land next to, 29 Gaskell Street, Newport, NP19 0GH £ 29,000BUY5 / 100.12 KM
Amelia Close, Newport £ 250,000BUY7 / 100.16 KM
Land adjacent to 29, Gaskell Street, Newport, Gwent, NP19 0GH £ 13,500BUY4 / 100.17 KM

Nearby Properties

AddressPriceDistance
418a Corporation Road £ 28,0000.08 KM
390 Corporation Road £ 124,0000.09 KM
438 Corporation Road £ 150,0000.09 KM
420 Corporation Road £ 75,0000.09 KM
416 Corporation Road £ 98,0000.09 KM