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Fields Road, Newport NP20

Wales

£300,000
Listed on 18/03/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This is a prime investment opportunity situated in the sought-after Fields Road area of Newport City. The property consists of a cleared and vacant plot that has recently obtained full planning permission for the development of two semi-detached houses, each featuring four spacious bedrooms. With planning permission granted on 5th September 2024, this site not only allows for immediate construction of the approved plans but also presents the potential for alternative developments, such as a single large dwelling or flats, pending further planning approvals. Previously occupied by two semi-detached homes, the land is now ready for redevelopment. Interested parties are encouraged to reach out for further details or to arrange a visit to the site to explore this unique opportunity further.

Investment Analysis

(NP20 area)
Area Average
£229/sq ft
Avg Rent (weekly)
£222
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (NP20)

Area prices are falling by -2.1% over the last 12 months
3 year growth: +3.9%
5 year growth: +12.2%
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

Fields Road, Newport NP20
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% 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.

Price History

+20.0% since listed
£300,000+£50,050(+20.0%)
18/03/2026
Current price
£249,950Initial listing
30/01/2025

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