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Unique Opportunity, Deer Park Lane, Bassaleg

Wales

£499,950
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This is a distinctive opportunity to acquire a sizable property set on approximately 1 acre, nestled within the sought-after Redrow Carnegie Court development in Bassaleg, Newport. The location benefits from excellent school catchment areas and proximity to the M4 motorway and Newport city centre. The property stands as a testament to its history as the former Park Lodge and Kennels of Tredegar Park, having been vacated for several years amid surrounding redevelopments. While the residence requires extensive renovation, it holds significant promise for transformation into a grand family home or potentially multiple residential units, pending necessary planning permissions. Notably, previous development inquiries were hindered by a tree preservation order covering the land; however, recent insights suggest that revisions have been made concerning some trees on the site (confirmation required by the buyer's solicitor). Currently inaccessible, the building comprises an entrance porch, shower room, study, kitchen breakfast room, utility room, dining room with an inglenook fireplace, a generously sized living room, four first-floor bedrooms, a family bathroom, en-suite facilities, and an attic room. After renovations and remodels, similar properties have been valued at over £1 million as single residences or upwards of £700,000 for individual new builds.

Investment Analysis

(NP10 area)
Area Average
£290/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
125%
Properties sold annually

Local Market Trend (NP10)

Area prices are rising by +10.1% over the last 12 months
3 year growth: +10.9%
5 year growth: +25.7%
Investment Disclaimer: Analysis based on NP10 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

Unique Opportunity, Deer Park Lane, Bassaleg
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £374,962 over 30 years at 4.06% 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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