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Friars Road, Newport NP20

Wales

£255,000

Listed on 26/02/2025

Property Details

Bedrooms
2
Type
Property
Area
1097 sqft

Description

This two-bedroom end-terrace home presents a valuable opportunity for renovation and investment. The property retains several period details that could be accentuated with thoughtful updates, making it an appealing project for those looking to create a personalized living space. Conveniently situated just half a mile from Newport railway station, residents will benefit from efficient transport links to major cities including Cardiff, Bristol, and London. This prime location not only enhances daily commuting but also adds to the property's long-term investment potential, given the increasing demand for accessible housing in the area. Additionally, the inclusion of off-road parking is a notable feature that can significantly enhance both convenience and value. The combination of these attributes positions this home as an attractive option for buyers seeking a project with significant upside potential in a vibrant and well-connected community.

Investment Analysis

(NP20 area)

Above Market Value

This property is priced +0.2% above area average per sq ft

+0.2%
This Property
£232/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£208
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£279,894
10% above area average per sq ft
Potential ROI
-1.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NP20)

Area prices are falling by -2.1% over the last 12 months
3 year growth: +6.0%
5 year growth: +11.3%
Investment Disclaimer: Analysis based on NP20 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Friars Road, Newport NP20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£963
Based on a loan of £191,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-17.7% since listed
£255,000£20,000(-7.3%)
21/01/2026
Current price
£275,000£20,000(-6.8%)
19/07/2025
£295,000£15,000(-4.8%)
30/05/2025
£310,000Initial listing
25/02/2025

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