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Knights Way, Newent, Gloucestershire

South West

£210,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
909 sqft

Description

This three-bedroom mid-terrace house, located on the outskirts of Newent town centre, presents a promising opportunity for those interested in renovation and investment. While the property requires some updating, it features double glazing throughout, ensuring energy efficiency and comfort. The private, enclosed rear garden offers a tranquil space for outdoor activities or potential landscaping improvements. Entering the property, you are welcomed by an entrance hall with access through a UPVC front door. The lounge is bathed in natural light from the front aspect double-glazed window and flows seamlessly into the dining room. Here, double-glazed patio doors provide direct access to the rear garden, enhancing indoor-outdoor living possibilities. The kitchen is equipped with a practical arrangement of base and wall-mounted units alongside a ceramic one-and-a-half bowl sink. A rear-facing window grants views of the garden, while an adjacent door leads directly outside. On the first floor, the landing boasts an airing cupboard housing the lagged hot water tank. The primary bedroom overlooks the garden and includes fitted furniture—though dated—providing ample storage options. The second bedroom faces the front and features built-in storage as well. The third bedroom also at the front offers versatility for use as a guest room or home office. Externally, there is a small enclosed garden at the front of the house. Gated side access leads to the rear garden where a patio area complements two garden sheds and a lush lawn, all enclosed by fencing for privacy. With mains electricity, water, and sewage connected, this property supports modern living requirements. While broadband services are currently not connected, options range from standard to ultrafast speeds available in the area. Overall, this home's renovation potential can significantly increase its value in a desirable location near Newent's amenities. Whether you're looking for your next project or an investment opportunity with strong rental prospects, this property has much to offer.

Investment Analysis

(GL18 area)

Below Market Value

This property is priced -23.3% below area average per sq ft

-23.3%
Potential saving
This Property
£231/sq ft
Area Average
£301/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£301,320
10% above area average per sq ft
Potential ROI
+20.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GL18)

Area prices are falling by +13.1% over the last 12 months
3 year growth: -11.2%
5 year growth: 5.5%
Investment Disclaimer: Analysis based on GL18 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

Knights Way, Newent, Gloucestershire
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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
£769
Based on a loan of £157,500 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