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Elm Drive, Newport

Wales

£150,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached property presents an excellent opportunity for buyers interested in renovation and investment potential. With no onward chain, you can start your journey toward transforming this house into a personalized home as soon as possible. Positioned away from the main road, the property features off-road parking at the front. Upon entering, you're greeted by a spacious hallway that leads into a bright lounge, characterized by a charming chimney breast and large UPVC windows that allow natural light to fill the space. The kitchen is equipped with a combination of wall and base units, providing a functional layout that can easily be updated to reflect modern standards. The dining area benefits from patio doors that open directly onto a sizable rear garden, offering ample outdoor space ideal for family gatherings or private relaxation. Additionally, having garage access at the back adds to the practicality of the property. On the upper level, you'll find two generous double bedrooms equipped with built-in wardrobes, along with a versatile third bedroom suitable for use as an office or guest room. The bathroom includes both a bath and a standalone hand basin, and there is also a separate WC. This layout reveals considerable scope for renovations that could enhance comfort and functionality while increasing property value. Overall, this residence serves as a solid foundation for those looking to invest in real estate or create their dream living space through updates and personal touches. Don't miss out on exploring this property's potential; it could very well be your next successful project.

Investment Analysis

(NP11 area)
Area Average
£193/sq ft
Avg Rent (weekly)
£191
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (NP11)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 7.2%
5 year growth: 33.9%
Investment Disclaimer: Analysis based on NP11 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

Elm Drive, Newport
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE