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Fern Rise, Newport

Wales

£240,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Introducing a three-bedroom semi-detached house with significant renovation potential, positioned in a well-established and desirable neighbourhood. This property represents an excellent chance for buyers to create a bespoke family dwelling tailored to their personal tastes and requirements. The ground floor is composed of a bright living room that invites relaxation and social gatherings, complemented by a separate dining area perfect for family meals. The kitchen, while functional, offers the opportunity for modernization to enhance its usability. Ascending to the upper level, you will find three generously-sized bedrooms alongside a family bathroom that accommodates all household members. Outside, the front of the property features off-street parking for added convenience, while the manageable rear garden provides outdoor space without extensive upkeep responsibilities. Although the home needs some updating, it serves as an ideal blank canvas for those looking to invest in real estate or first-time buyers seeking to establish their own space. With local amenities, reputable schools, and good transport links nearby, this property is well-positioned for families and professionals alike. Explore the possibilities of transforming this appealing residence into your dream home.

Investment Analysis

(NP20 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£228
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NP20)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 7.0%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on NP20 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

Fern Rise, Newport
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£879
Based on a loan of £180,000 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