Kings Parade, Newport, NP20
Wales
£100,000Guide Price
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
926 sqftDescription
This three-bedroom terraced house in Newport is offered at auction through the Modern Method of Auction. The ground floor has a lounge and dining area, while the kitchen has a practical layout that could be updated. Upstairs are three bedrooms and a bathroom. The property is described as requiring work, giving a buyer scope to refurbish the existing accommodation. The listing places the house within walking distance of Newport city centre and notes access to Newport station, the M4, schools and leisure facilities. The EPC rating is C.
The auction process includes a 56-day reservation period. A buyer information pack is available for £349 including VAT, and the winning bidder is required to pay a non-refundable reservation fee of 4.5% of the purchase price including VAT, subject to a £6,600 minimum. Buyers using a mortgage are advised to inspect the property and discuss it with their lender before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
72out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £100,000, this three-bedroom Newport terrace is priced at £108/sq ft, around 53% below the local average—a strong acquisition opportunity. The lounge and dining areas offer separate living zones, while the dated finishes create a clear canvas: the worn kitchen, older bathroom, tired decoration and marked bedroom carpets all offer scope to refresh and personalise the house. The visible roof shows no clear major failure, though the rendered frontage is weathered.
Key opportunities
- Acquire at £108/sq ft, substantially below the local average.
- Rework the worn kitchen and refresh the dated bathroom finishes.
- Modernise the wallpaper, paint and worn bedroom flooring while making use of the separate lounge and dining areas.
Key risks
- Kitchen fittings and finishes are visibly worn, with damaged or open doors and an exposed area beneath the counter.
- Bathroom surfaces are marked and discoloured, and the rendered frontage is weathered.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£378
Based on a loan of £75,000 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.
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