Morden Road, Newport,
FR

Morden Road, Newport,

By Freelancer Lets and Sales

£ 125,000

Reviews

2 out of 5 stars

Freelancer Lets and Sales says ..

*IDEAL INVESTMENT OPPORTUNITY* Freelancer Lets and Sales are pleased to advertised this first floor 2 bedroom apartment in Newport, with front and rear shared gardens. Situated in an ideal location, within walking distance to several local amenities, schools and bus stops, taking you into Newport...

Property Oracle says ..

This two-bedroom, one-bathroom apartment in St. Julians, Newport, is listed for £125,000. The property’s location is a definite plus, offering easy access to local amenities, schools, and public transportation. The proximity to Newport city centre adds to its convenience. However, the property’s current condition presents some challenges. The interior requires modernisation and updating; carpets, kitchen units, and bathroom fittings appear dated, suggesting potential costs for renovations. The property benefits from a small, shared rear garden that requires some work. The lack of available square footage information for nearby properties makes a precise price per square foot comparison difficult; however, considering the need for improvements, the asking price seems relatively competitive within the context of the surrounding area. A potential buyer should budget for improvements to fully realize the property’s potential. Overall, this could be a suitable investment opportunity for a buyer willing to undertake some renovation work.

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
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
651.22

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 £
Est sale value
228,578.22 £
Decreased by 9.07 %
from 251,370.92 £
Average area rental value
1,178.00 £/mo
Increased by 8.17 %
from 1,089.00 £/mo
Est letting value
651.22 £/mo
Unchanged by 0.00 %
from 651.22 £/mo
Est rental Yield
3.92 %
Increased by 25.24 %
from 3.13 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Freelancer Lets and Sales marked this listing as sold.

  • Freelancer Lets and Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
Newport Nursery SchoolWelsh Establishment0.48 KM
St Joseph'S R.C. Primary SchoolWelsh Establishment0.48 KM
St Julian'S SchoolWelsh Establishment0.71 KM
Eveswell Primary SchoolWelsh Establishment1.14 KM
Maindee C.P. SchoolWelsh Establishment1.27 KM

Images

Front Living Room 1 Living Room 2 Hallway Kitchen 1 Kitchen 2 Bedroom 1 Bathroom Rear 2 Bedroom 2 Rear 1

Nearby Streets

NameAverage PriceAverage SqftDistance
York Road £ 000.00 KM
Richmond Road £ 242,49200.00 KM
Leicester Road £ 277,50000.00 KM
St. Julian's Court £ 000.00 KM
Orchard Street £ 189,62500.00 KM

Nearby Transport

NameNLCTLCDistance
Newport (South Wales)3674NWP2.30 KM
Pye Corner1663PYE6.50 KM
Cwmbran3738CWM7.75 KM
Rogerstone9921ROR9.45 KM

Nearby Listings

AddressPriceTypeScoreDistance
Somerset Road, Newport £ 160,000BUY7 / 100.07 KM
Annesley Road, Newport, NP19 £ 170,000BUY7 / 100.09 KM
Annesley Road, Newport, NP19 £ 200,000BUY5 / 100.09 KM
Morden Road, Newport £ 250,000BUY6 / 100.09 KM
Caerleon Road, Newport, NP19 £ 239,995BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
15 Somerset Road £ 167,9500.06 KM
14 Somerset Road £ 207,0000.06 KM
17 Somerset Road £ 165,5000.06 KM
20 Somerset Road £ 145,0000.06 KM
30 Somerset Road £ 179,9500.06 KM