Channel View, Risca, Newport

Wales

£90,000

Listed on 05/03/2026

Property Details

Bedrooms

Type

Flat

Area

681 sqft

Description

This two-bedroom first-floor flat in the sought-after Channel View area of Risca offers significant potential for those looking to invest or personalize a home. With its generous lounge, which provides ample space for both relaxation and entertaining, this property invites creativity and customization. The two bedrooms serve as tranquil retreats, ideal for rest. Off-road parking is a practical feature in this friendly neighborhood that boasts convenient access to local amenities and transport links. This flat stands as a blank canvas ready for a renovation project that can truly reflect your style and needs, whether you're an investor seeking a promising venture or downsizing from a larger home. Take advantage of this opportunity to transform the flat into your ideal living space.

Investment Analysis

(NP11 area)

Below Market Value

This property is priced -31.8% below area average per sq ft

-31.8%

Potential saving

This Property

£132/sq ft

Area Average

£194/sq ft

Avg Rent (weekly)

£191

Avg Yield

5.1%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£15,000 - £25,000

Target Value

£145,101

10% above area average per sq ft

Potential ROI

+26.2%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

110%

Properties sold annually

Local Market Trend (NP11)

Area prices are rising by +3.2% over the last 12 months

3 year growth: +7.9%

5 year growth: +30.5%

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

Channel View, Risca, Newport

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£325

Based on a loan of £67,500 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.