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Melfort Gardens, Newport

Wales

£160,000

Listed on 06/07/2026

Property details

Bedrooms
4
Type
Terraced

Description

This four-bedroom end-terrace property presents a substantial renovation opportunity in a sought-after and tranquil area off Melfort Road. Ideally situated within walking distance of the city centre train station and just a short drive from the M4, the location enhances its investment appeal. The ground floor layout includes an entrance hall leading to a kitchen diner, living room, and WC, while the first floor houses four bedrooms and a bathroom. Both front and rear gardens add to the potential for outdoor enhancements. This property is being offered with no onward chain, allowing for a quick turnaround on renovation plans.

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Investment analysis

(NP20 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NP20)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +6.6%
5 year growth: +10.6%
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

Melfort Gardens, Newport
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Mortgage calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 over 30 years at 4.45% 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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