Malpas Road, Malpas,
Wales
£160,000
Listed on 27/10/2026
Listed on 27/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
786 sqftFeatures
- Garden
Description
Luscombe & Co presents this three-bedroom semi-detached house in an established Newport residential area, with local shops, supermarkets, schools and public transport nearby. Newport city centre and railway station are within reach, as are the M4 links towards Cardiff and Bristol.
The ground floor has an entrance hall, a lounge and dining area, and a separate kitchen with a storage cupboard and access to the outside. Upstairs are two double bedrooms, a single bedroom and a family shower room. The property also has an enclosed rear garden and a tiered garden at the front, with side access to the rear.
The house is described as requiring refurbishment and modernisation, including cosmetic work. It offers scope for a purchaser to update the accommodation, subject to inspection and assessment of the work required.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
54out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £160,000, this three-bedroom semi is priced below the local average per square foot, making the asking price an attractive entry point for a buyer looking to create value. The sizeable lounge/diner, convenient Newport location and generally intact-looking exterior give the project a solid base; dated finishes, worn flooring and patchy decoration across the rooms shown leave plenty of scope for a medium-scale update, including a fresh approach to the kitchen and shower room.
The caution is the overall arithmetic: purchase price plus a mid-to-substantial programme of work would leave costs stretched against local benchmarks for this floor area. That comparison is with current local average values, not a forecast of what the property could be worth after renovation, so the project needs careful budgeting and a clear plan for adding value.
Key opportunities
- Acquire below the local average asking price per square foot and use the discount as a starting point for a value-add project.
- Refresh the sizeable lounge/diner and address worn flooring and patchy finishes across the rooms shown.
- Modernise the dated kitchen and shower room to give the home a more cohesive finish.
Key risks
- Even with the below-average entry price, a mid-to-substantial works programme could leave total project costs stretched against current local benchmarks for this floor area; budget carefully and avoid relying on an assumed post-renovation value.
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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
£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.
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