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Bond Street, Newport

Wales

£118,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
775 sqft

Description

This two-bedroom mid-terraced home offers a significant opportunity for renovation and investment, making it an appealing prospect for both first-time buyers and seasoned investors. While the property requires modernisation, its solid structure and established layout provide a strong foundation for creative enhancements. Located in Riverside, just off Clarence Place, this home is conveniently situated near various amenities, including local shops, bus services, and Newport City Centre. The proximity to well-regarded schools and public transportation options, such as train and bus stations, enhances its appeal for potential renters or future homeowners. Additionally, major roadways like the M4 motorway and A48 are easily accessible, facilitating commutes to nearby towns and cities. Upon entry, you are greeted by a hallway that leads to an open-plan lounge/diner—a versatile space that could be transformed into a modern living area with the right vision. The kitchen includes a large store cupboard for added practicality and connects to a family bathroom conveniently located on the ground floor. Upstairs, two generously sized double bedrooms offer ample space for personalisation. The enclosed rear garden presents further potential; with some landscaping efforts, it could become an inviting outdoor retreat or entertainment area. Additional features include uPVC double glazing and a modern gas combination boiler—elements that contribute to the property's soundness while awaiting your updates. Notably, this home is being sold with no onward chain, allowing for a smoother transaction process. It’s important to mention that although Japanese Knotweed has been identified in the rear garden, there is currently an effective treatment plan in place. In summary, this property represents an excellent opportunity for those looking to invest in a promising location with significant potential for value appreciation through refurbishment.

Investment Analysis

(NP19 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£152/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£239
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£191,131
10% above area average per sq ft
Potential ROI
+29.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (NP19)

Area prices are stable by +1.2% over the last 12 months
3 year growth: 7.4%
5 year growth: 35.4%
Investment Disclaimer: Analysis based on NP19 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

Bond Street, 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
£432
Based on a loan of £88,500 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