Davis & Sons says ..

Property Oracle says ..

This two-bedroom end-of-terrace house in Cross Keys, Newport, is presented as a project or investment opportunity. The property is in need of modernisation throughout. The interior features dated fixtures and fittings, including a very old kitchen and bathroom. Carpets are worn, and the walls require repainting. Images reveal a small, overgrown backyard, offering little usable outdoor space.

The location in Cross Keys is generally considered positive due to its proximity to a train station providing access to Cardiff and the presence of nearby schools and local amenities. However, the specifics of Tredegar Street and its immediate environment would need more examination for a complete analysis of this aspect.

The asking price sits within the range of other properties on Tredegar Street. However, potential buyers must consider the significant renovation costs required to bring the property to a desirable standard, which could potentially influence the final perceived value. Buyers should factor these costs into their assessment of overall affordability and potential ROI (return on investment). This needs a detailed survey and potential quotes for major renovation works.

Overall, the property presents a mixed picture. While the location is generally favorable and the price is arguably reasonable compared to similar properties in the immediate area needing similar renovation, the considerable condition issues must be thoroughly factored into any potential purchase decision. A detailed survey and comprehensive cost assessment of necessary repairs are strongly recommended before making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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