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Laurel Drive, Newport

West Midlands

£250,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
834 sqft

Description

This three-bedroom detached property presents a promising opportunity for renovation and investment. Nestled in a quiet cul-de-sac, the home is situated on a substantial plot that features expansive gardens both at the front and rear, providing ample outdoor space for potential landscaping or additional enhancements. The interior consists of a spacious living and dining area that is designed to be adaptable to various modern layouts, perfect for those looking to apply their personal touch. The separate kitchen remains functional but could benefit from updates to align it with contemporary standards. Upstairs, the property boasts a sizable main bedroom alongside two additional bedrooms, all served by a bathroom equipped with essential amenities. Located just 0.4 miles from Newport's bustling high street, residents will have convenient access to a range of shops, cafes, and services, enhancing the property's appeal for future tenants or homeowners. The home falls within the catchment areas of highly regarded primary and secondary schools, making it attractive for families seeking quality education options. The potential for investment extends beyond the interiors; external spaces include wraparound gardens that provide opportunities for expansion or outdoor improvements. With driveway parking leading up to a garage capable of housing additional storage or workspaces, there’s considerable flexibility in how this space can be utilized. With excellent transport links to Telford, Stafford, and Shrewsbury nearby—and direct rail connections to Birmingham and Manchester—this property not only offers renovation potential but also benefits from its strategic location in an emerging market area. As such, it represents an appealing proposition for investors looking to capitalize on demand in this region while adding value through thoughtful upgrades.

Investment Analysis

(TF10 area)

Above Market Value

This property is priced +4.2% above area average per sq ft

+4.2%
This Property
£300/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£283
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£263,982
10% above area average per sq ft
Potential ROI
-9.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (TF10)

Area prices are rising by +14.5% over the last 12 months
3 year growth: 10.8%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on TF10 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

Laurel Drive, 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
£916
Based on a loan of £187,500 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