Peter Alan says ..
Rare opportunity for a fantastic invesment, Seven Bedrooms across 4 floors in a city centre location. Mid Terraced Property with commercial space to Ground Floor which could easily be converted back to a commercial unit if needed, situated in the heart of Newport.
Property Oracle says ..
The property at Commercial Road, Newport, is a large, multi-bedroom property listed for £280,000. Marketed by Peter Alan, the property offers substantial square footage (1,850 sqft) relative to its price, suggesting a potential value opportunity. However, the images indicate that the property requires significant renovation and modernisation. The location is reasonably convenient, with schools and transportation links nearby, although its position on Commercial Road may present some drawbacks. The limited outdoor space is also a factor to consider. Overall, this property could be suitable for buyers willing to undertake a comprehensive renovation project.
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
- 4
- Location
- 6
- Land
- 3
- Bedrooms
- 7
- Bathrooms
- 4
- Sqft (est)
- 1,850.00
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
- 360,833.00 £Decreased by 13.57 %
- Est sale value
- 649,350.00 £Decreased by 9.07 %
- Average area rental value
- 1,178.00 £/moIncreased by 8.17 %
- Est letting value
- 1,850.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.92 %Increased by 25.24 %
- Crime Rate
- 16.00 %Unchanged by 0.00 %
Agent Activity
Peter Alan created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Pillgwenlly C.P. School | Welsh Establishment | 0.49 KM | |
| St Woolos Primary School | Welsh Establishment | 0.68 KM | |
| Maindee C.P. School | Welsh Establishment | 0.73 KM | |
| St Michael'S R.C. Primary School | Welsh Establishment | 0.88 KM | |
| Sporting Chance | Welsh Establishment | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| George Street | £ 140,000 | 0 | 0.00 KM |
| King Street | £ 0 | 0 | 0.00 KM |
| Windmill Square | £ 0 | 0 | 0.00 KM |
| Queen Street | £ 191,250 | 0 | 0.00 KM |
| Kingsway | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newport (South Wales) | 3674 | NWP | 1.21 KM |
| Pye Corner | 1663 | PYE | 5.06 KM |
| Rogerstone | 9921 | ROR | 8.40 KM |
| Cwmbran | 3738 | CWM | 8.71 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Commercial Road, Newport | £ 280,000 | BUY | 5 / 10 | 0.00 KM |
| Ruperra Street, Newport, NP20 | £ 200,000 | BUY | 6 / 10 | 0.14 KM |
| George Street, Newport | £ 90,000 | BUY | 4 / 10 | 0.14 KM |
| Ruperra Street, Newport, NP20 | £ 180,000 | BUY | 4 / 10 | 0.15 KM |
| Ebenezer Terrace, Newport, NP20 | £ 175,000 | BUY | 5 / 10 | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 16 Commercial Road | £ 78,000 | 0.03 KM |
| 85 Commercial Street | £ 60,000 | 0.11 KM |
| 107 Commercial Street | £ 185,000 | 0.13 KM |
| 73 George Street | £ 107,000 | 0.14 KM |
| 58 George Street | £ 110,000 | 0.14 KM |