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Melfort Road, Newport, NP20

Wales

£200,000
Listed on 05/04/2026

Property Details

Bedrooms
3
Type
Semi Detached House
Area
871 sqft

Description

This three-bedroom semi-detached home in Newport presents a significant opportunity for renovation and investment. Located in a sought-after residential area on Melfort Road, this property is conveniently close to local amenities including shops, schools, and leisure facilities. With Newport city centre just a short distance away, it offers excellent access to retail and dining options. The home features a spacious hallway leading into a combined living and dining area, allowing for flexible space usage. The kitchen has potential for modern updates, and the utility room along with a ground-floor cloakroom enhances functionality. On the first floor, there are two generous double bedrooms alongside a well-proportioned single bedroom. Outside, the large driveway offers ample parking space while the expansive garden provides room for outdoor improvements or landscaping projects. Notably, the property has non-standard construction (Steel Framed - BISF with an encased asbestos roof), which should be considered by prospective buyers when seeking financing.

Investment Analysis

(NP20 area)

Above Market Value

This property is priced +1.3% above area average per sq ft

+1.3%
This Property
£230/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£212
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£217,153
10% above area average per sq ft
Potential ROI
-9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NP20)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +5.3%
5 year growth: +12.5%
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

Melfort Road, Newport, NP20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £150,000 over 30 years at 3.91% 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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