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Lugley Street, Newport - Image 1

Lugley Street, Newport

South East

£165,000
Listed on 21/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached home, located centrally in Newport, offers a promising opportunity for renovation within a well-connected area close to various amenities and schools. While the property is currently in need of modernization throughout, it sits on a generously sized plot that lends itself well to enhancement. The layout includes a spacious living room and dining area, alongside a kitchen and downstairs bathroom, complemented by a workshop space. The upper level features three double bedrooms, providing ample space for family or guests. Outdoors, you will find a patio and an expansive garden that holds significant potential for landscaping or outdoor enhancements. Additional benefits include off-road parking for two vehicles, gas central heating, and double-glazed windows. This property is an excellent prospect for cash buyers seeking either an investment project or the chance to create their dream home with personalized renovations.

Investment Analysis

(PO30 area)
Area Average
£274/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PO30)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 1.5%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on PO30 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

Lugley 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
£604
Based on a loan of £123,750 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