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East Grove Road, Newport - Image 1
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East Grove Road, Newport - Image 5

East Grove Road, Newport

Wales

£225,000
Listed on 30/08/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1334 sqft

Description

This inviting two-bedroom semi-detached bungalow is perched in an elevated position, offering impressive panoramic views that highlight its standout location. The property presents a unique opportunity for renovation and investment, providing a flexible layout that can easily adapt to various lifestyle needs. Arriving at the home, you'll appreciate the practical carport and additional off-road parking, accommodating multiple vehicles with ease. A spacious porch greets you upon entry, creating a functional space for coats and shoes while setting a welcoming tone for the rest of the interior. Inside, a well-proportioned hallway connects key living areas. The kitchen is equipped with a range of wall and base units, supplying ample storage and workspace conducive to both meal preparation and entertaining. The generously sized dining room serves as an excellent area for gatherings, flowing seamlessly into the open-plan lounge. Large windows and a private balcony frame stunning views, enhancing the atmosphere for both relaxation and social occasions. Both bedrooms are double-sized and filled with natural light, making them comfortable spaces for rest or potentially flexible options such as a home office or hobby room. The modern walk-in shower room features contemporary fixtures that prioritize accessibility for residents of all ages. A notable feature of this property is its versatile basement level, which has previously functioned as another reception room and sleeping area. This space presents significant renovation potential; it could be transformed into a guest suite, teenager's retreat, games room, or even adapted into a self-contained annexe (subject to planning permission). Such flexibility is a rarity in similar properties. Outside, low-maintenance grounds offer ease of care while providing access to nearby countryside trails or town amenities depending on your preferences. This location combines tranquil living with everyday conveniences like shops, transport links, and healthcare facilities within close reach. Whether you're considering downsizing or looking for an investment opportunity with considerable potential for growth through renovations or alterations, this bungalow stands out as both valuable and adaptable. Arrange a viewing today to explore how this property may fit your vision moving forward.

Investment Analysis

(NP19 area)

Below Market Value

This property is priced -24.8% below area average per sq ft

-24.8%
Potential saving
This Property
£169/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£239
Avg Yield
5.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£328,991
10% above area average per sq ft
Potential ROI
+34.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (NP19)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 7.4%
5 year growth: 35.4%
Investment Disclaimer: Analysis based on NP19 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

East Grove Road, 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
£824
Based on a loan of £168,750 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