Kings Parade, Newport, NP20
Wales
£100,000Guide Price
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
3Type
Terraced HouseArea
925 sqftDescription
This three-bedroom terraced house in Newport is offered at auction and requires modernisation. The ground floor includes a lounge and dining area, alongside a kitchen with scope for updating. Upstairs are three bedrooms and a bathroom described as functional but in need of improvement. The property is presented as a refurbishment project, with the existing layout offering a starting point for a buyer considering resale, letting or owner occupation.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
72out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £100,000, this three-bedroom Newport terrace is priced at around £108 per sq ft, well below the local average of £229 per sq ft—a strong entry point for a value-adding project. The connected lounge and dining space and three bedrooms provide a useful base, while the dated, worn finishes across several rooms leave clear scope to refresh the house. The kitchen needs substantial attention, and the older bathroom and tired flooring and decoration offer further opportunities to reshape the interior. The asking price and renovation midpoint total £150,000 before fees and stamp duty; that is below the implied current local average value, not a forecast of renovated value.
Key opportunities
- Acquire at a substantial discount to the local £/sq-ft average.
- Rework the connected lounge and dining rooms into a refreshed reception space.
- Modernise the damaged kitchen and dated bathroom, alongside renewed decoration and flooring.
Key risks
- The kitchen has damaged or missing cabinet fronts, exposed services beneath a counter and peeling or marked finishes, so its renewal needs careful budgeting.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£378
Based on a loan of £75,000 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.
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