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Fairfield Road, Caerleon, Newport, NP18 - Image 1
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Fairfield Road, Caerleon, Newport, NP18 - Image 8
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Fairfield Road, Caerleon, Newport, NP18 - Image 12

Fairfield Road, Caerleon, Newport, NP18

Wales

£310,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1130 sqft

Description

Nestled off Lodge Hill, this detached bungalow presents a promising investment opportunity with its generous dimensions and potential for modernization. The property features an extensive driveway that accommodates ample parking, leading to both a carport and a larger-than-average garage. Inside, the entrance hall includes a handy store cupboard and opens into a spacious lounge with a large picture window that showcases front views. This inviting lounge seamlessly connects to the dining area, creating an open feel. The kitchen, adjoining the dining space, is equipped with basic wall and base units along with a built-in oven and hob but would benefit from updating to meet contemporary standards. The inner hallway provides access to three well-proportioned bedrooms and a functional shower room, all of which could be enhanced for improved living comfort. Externally, the front garden features well-maintained lawns alongside the long driveway while the rear garden offers a private space laid to lawn and bordered by fencing and hedging. With pathways leading around the property and access to a versatile paved seating area complemented by a potting shed, this outside space holds significant enhancement potential. Overall, this bungalow's layout and substantial outdoor areas suggest excellent possibilities for refurbishment.

Investment Analysis

(NP18 area)

Below Market Value

This property is priced -5.1% below area average per sq ft

-5.1%
Potential saving
This Property
£274/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£359,227
10% above area average per sq ft
Potential ROI
+2.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NP18)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -4.2%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on NP18 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

Fairfield Road, Caerleon, Newport, NP18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,118
Based on a loan of £232,500 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.

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