Investment Opportunity. 4 Flats & Double Garage. Blewitt Street, Newport
By Red Dragon Estates
£ 400,000
Reviews
2 out of 5 stars
Red Dragon Estates says ..
Set in the heart of Newport City Centre is this Exceptional Residential Investment Opportunity offering an excellent current yield with possibilities for higher and an instant return as they are all fully let/occupied with some long standing tenants. Recently refurbished throughout the block of f...
Property Oracle says ..
This property is a block of apartments consisting of 4 flats and a double garage, located on Blewitt Street, Newport. It is listed as an investment opportunity. The property is situated in Stow Hill, which offers proximity to schools and transportation links, particularly the Newport (South Wales) train station. The interior of the flats appears to be in fair condition, with modern kitchens and bathrooms, though some areas show signs of age and could use updating. Externally, the building presents a somewhat worn appearance. While the property includes a double garage, the absence of a specified plot size suggests limited garden or land. Considering the location and the condition, the asking price of £400,000 seems reasonable, especially when compared to the average property price in the area. This property could be an attractive investment.
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
- 5
- Location
- 6
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 4
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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
- 8.00 %Unchanged by 0.00 %
Agent Activity
Red Dragon Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Woolos Primary School | Welsh Establishment | 0.45 KM | |
| St Mary'S R.C. Primary School | Welsh Establishment | 0.67 KM | |
| Pillgwenlly C.P. School | Welsh Establishment | 1.31 KM | |
| Maindee C.P. School | Welsh Establishment | 1.35 KM | |
| St Michael'S R.C. Primary School | Welsh Establishment | 1.53 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Victoria Crescent | £ 166,667 | 0 | 0.00 KM |
| St. Mary Street | £ 136,250 | 0 | 0.00 KM |
| East Street | £ 0 | 0 | 0.00 KM |
| Ford Street | £ 180,000 | 0 | 0.00 KM |
| West Street | £ 160,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newport (South Wales) | 3674 | NWP | 0.35 KM |
| Pye Corner | 1663 | PYE | 4.07 KM |
| Rogerstone | 9921 | ROR | 7.30 KM |
| Cwmbran | 3738 | CWM | 8.05 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Blewitt Street, Newport, NP20 | £ 160,000 | BUY | 7 / 10 | 0.00 KM |
| Investment Opportunity. 4 Flats & Double Garage. Blewitt Street, Newport | £ 400,000 | BUY | 5 / 10 | 0.00 KM |
| St. Edward Street, Newport | £ 170,000 | BUY | 6 / 10 | 0.06 KM |
| St. Mary Street, Newport, NP20 | £ 140,000 | BUY | 6 / 10 | 0.12 KM |
| St. Edward Street, Newport, NP20 | £ 175,000 | BUY | 7 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 33 Blewitt Street | £ 158,000 | 0.01 KM |
| 39 Blewitt Street | £ 124,000 | 0.01 KM |
| 36 Blewitt Street | £ 7,500 | 0.01 KM |
| 42 Blewitt Street | £ 50,000 | 0.01 KM |
| 37 Blewitt Street | £ 135,000 | 0.01 KM |