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Chelston Place, Newport

Wales

£149,000

Listed on 21/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1122 sqft

Description

This spacious period terraced property presents a notable investment opportunity, particularly for seasoned investors and developers looking to capitalize on renovation projects. Currently configured as a three-bedroom home, it is in need of comprehensive refurbishment, with some initial work already underway that simply requires finishing touches. Positioned in a desirable area just off Malpas Road, the property benefits from proximity to local amenities, the city center, and easy access to the M4 motorway. Additional features include a forecourt at the front and a garden at the rear, enhancing its appeal for potential buyers or renters once fully restored. Cash buyers only are preferred for this project.

Investment Analysis

(NP20 area)

Below Market Value

This property is priced -42.2% below area average per sq ft

-42.2%
Potential saving
This Property
£133/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£216
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £85,000
Target Value
£283,681
10% above area average per sq ft
Potential ROI
+21.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NP20)

Area prices are falling by -3.6% over the last 12 months
3 year growth: +2.9%
5 year growth: +9.7%
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

Chelston Place, Newport
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£532
Based on a loan of £111,750 over 30 years at 3.97% 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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