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Penffynnon House, Long Street, Newport - Image 1
Penffynnon House, Long Street, Newport - Image 2
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Penffynnon House, Long Street, Newport - Image 5

Penffynnon House, Long Street, Newport

Wales

£325,000
Listed on 11/04/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1162 sqft

Description

This property offers a compelling opportunity for renovation and investment, featuring two bedrooms and a spacious layout that is ripe for transformation. The structure, originally built with rendered stone elevations and a pitched tiled roof, stands on an expansive plot set back from the road. Access to the property is via a paved pathway, providing both privacy and a charming approach. Significant groundwork has already been completed, including stripping out the interior, which sets the stage for a comprehensive remodel into a four-bedroom, two-bathroom detached home. Full planning permission is in place for this conversion, allowing you to proceed with confidence. Detailed plans are available upon request, offering insight into the potential design and layout of the finished project. Located along Long Street, this property benefits from its proximity to the town center, just minutes away on foot. While it does not include dedicated parking, there is convenient access to Long Street car park located less than 100 yards from the entrance. The current footprint of approximately 108 square meters provides ample space for creative reconfiguration. Mains water, drainage, and electricity are connected, with mains gas available nearby but currently not in use. Additionally, fibre internet connectivity is accessible in the area—ideal for modern living or remote work. With its unique renovation potential and desirable location, this property presents an excellent investment opportunity for those looking to create a custom residence or capitalize on the growing housing demand in this sought-after area. The tenure is freehold, secured under Council Tax Band D classification. Viewings are available strictly by appointment; please contact our office to schedule yours.

Investment Analysis

(SA42 area)

Below Market Value

This property is priced -15.9% below area average per sq ft

-15.9%
Potential saving
This Property
£280/sq ft
Area Average
£333/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£425,065
10% above area average per sq ft
Potential ROI
+5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SA42)

Area prices are rising by +14.5% over the last 12 months
3 year growth: -7.4%
5 year growth: 38.4%
Investment Disclaimer: Analysis based on SA42 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

Penffynnon House, Long Street, Newport
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE