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Oliver Road, Newport

Wales

£120,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
644 sqft

Description

This two-bedroom terraced property presents a significant opportunity for renovation and investment. While it currently requires modernization, this offers prospective buyers the chance to create a personalized living space tailored to their own tastes and needs. The layout includes a generous living room that invites natural light, providing an ideal starting point for transformation. The kitchen features a breakfast bar, which could be reimagined into a more functional design with modern appliances. Both bedrooms are spacious and versatile, allowing for creative redesigns that can enhance comfort and utility. A standout feature of this property is the sizable rear garden. This outdoor space not only adds value but also provides a canvas for landscaping or creating an outdoor retreat perfect for gatherings or quiet relaxation. Additional conveniences include a downstairs cloakroom, enhancing practicality within the home. Located in an area with strong public transport links and access to local schools and amenities, this property is well-situated to support a vibrant lifestyle. Overall, this home has considerable potential for those looking to invest in a project that can ultimately yield both personal satisfaction and financial return.

Investment Analysis

(NP19 area)

Below Market Value

This property is priced -16.9% below area average per sq ft

-16.9%
Potential saving
This Property
£186/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
£158,823
10% above area average per sq ft
Potential ROI
+5.9%
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

Oliver Road, 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
£440
Based on a loan of £90,000 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