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Locke Street, City centre , Newport. NP20 5HL - Image 8

Locke Street, City centre , Newport. NP20 5HL

Wales

£145,000
Listed on 23/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom end-terraced home presents a valuable opportunity for both first-time buyers and investors seeking to capitalize on its renovation potential. Situated conveniently within walking distance from the city centre and the railway station, this property benefits from an ideal location that is likely to attract future tenants or buyers. The layout includes a lounge through dining room and a fitted kitchen, complemented by two bedrooms and a family bathroom located on the first floor. Although it requires updating throughout to meet modern standards, the property is fully double glazed and features central heating, making it a solid foundation for refurbishment. Its proximity to local amenities, schools, and quick access to road links enhances its appeal as an investment project. A viewing is highly recommended to appreciate the full potential of this property.

Investment Analysis

(NP20 area)
Area Average
£227/sq ft
Avg Rent (weekly)
£212
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NP20)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +5.3%
5 year growth: +12.5%
Investment Disclaimer: Analysis based on NP20 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

Locke Street, City centre , Newport. NP20 5HL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£514
Based on a loan of £108,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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