Investment Opportunity, William Morris Drive, Newport
By Crook & Blight
£ 73,000
Reviews
2 out of 5 stars
Crook & Blight says ..
A purpose built first floor apartment offering one double bedroom accommodation with off road parking in a convenient location just off Chepstow Road, only a short distance from excellent road and motorway links at junction 24 of the M4. There are 999 years left on the lease. The property has a c...
Property Oracle says ..
This property is a one-bedroom flat located in Ringland, Newport. The property is conveniently located near junction 24 of the M4 motorway, offering good transport links. There are also several primary and secondary schools within a reasonable distance. However, the provided images show the property to be in need of some modernisation and updating. The kitchen and bathroom appear dated, and the living area could benefit from some refurbishment. The property benefits from a small garden area. Considering the condition of the property and the average prices of similar properties in the area, the list price of £73,000 may be reasonable for an investor looking for a refurbishment project. Further research into local comparable properties is recommended to confirm this.
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
- 6
- Condition
- 4
- Location
- 7
- Land
- 5
- Bedrooms
- 1
- Bathrooms
- 1
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 %
- Average area rental value
- 1,178.00 £/moIncreased by 8.17 %
- Est rental Yield
- 3.92 %Increased by 25.24 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Crook & Blight created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Gabriel'S R.C. Primary School | Welsh Establishment | 0.64 KM | |
| Ringland Primary | Welsh Establishment | 0.88 KM | |
| Llanwern High School | Welsh Establishment | 1.30 KM | |
| Ysgol Gymraeg Casnewydd | Welsh Establishment | 1.39 KM | |
| Alway Primary | Welsh Establishment | 1.55 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Clement Atlee Drive | £ 290,000 | 0 | 0.00 KM |
| Springfield Drive | £ 315,800 | 0 | 0.00 KM |
| Coldra Mill Park | £ 1,600,000 | 0 | 0.00 KM |
| Nelson Drive | £ 0 | 0 | 0.00 KM |
| Howard Close | £ 140,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newport (South Wales) | 3674 | NWP | 6.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Investment Opportunity, William Morris Drive, Newport | £ 73,000 | BUY | 5 / 10 | 0.00 KM |
| Modern Flat, William Morris Drive, Newport | £ 75,000 | BUY | 4 / 10 | 0.05 KM |
| William Morris Drive, Newport, NP19 | £ 75,000 | BUY | 7 / 10 | 0.05 KM |
| William Morris Drive, Newport, NP19 | £ 99,950 | BUY | 7 / 10 | 0.05 KM |
| Modern Apartment, Forbes Court, Newport | £ 130,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 William Morris Drive | £ 69,000 | 0.05 KM |
| 46 William Morris Drive | £ 100,000 | 0.05 KM |
| 32 William Morris Drive | £ 115,000 | 0.05 KM |
| 35 William Morris Drive | £ 79,995 | 0.05 KM |
| 10 William Morris Drive | £ 67,000 | 0.05 KM |