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Laurel Drive, Newport

West Midlands

£250,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
834 sqft

Description

This three-bedroom detached residence, nestled within a tranquil cul-de-sac, presents an excellent opportunity for renovation and investment. Set on a substantial plot, the property is conveniently located just 0.4 miles from Newport's vibrant High Street, which offers a variety of shops, cafes, and other amenities, alongside access to reputable schools. The home features a spacious living area complemented by a separate dining space that overlooks the expansive gardens. The kitchen provides practical layout potential with existing units and pantry storage awaiting modernisation. Upstairs, the generous main bedroom and two additional bedrooms provide ample space for family or guests, while the bathroom requires updating to meet contemporary standards. Externally, the extensive gardens wrap around the property and are bordered by timber fencing, offering scope for landscaping or outdoor enhancements. Moreover, there is driveway parking and a garage equipped with electricity and plumbing for further utility. This property is ideal for those looking to add value through refurbishment in a sought-after location with great connectivity to larger cities via excellent rail links.

Investment Analysis

(TF10 area)

Above Market Value

This property is priced +4.3% above area average per sq ft

+4.3%
This Property
£300/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£207
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£263,615
10% above area average per sq ft
Potential ROI
-7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (TF10)

Area prices are rising by +10.4% over the last 12 months
3 year growth: +11.4%
5 year growth: +25.8%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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