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Melfort Road, Newport NP20

Wales

£200,000

Listed on 28/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
872 sqft

Description

This three-bedroom semi-detached property in Newport presents a promising opportunity for those looking to invest in a home with considerable renovation potential. Located on Melfort Road, the house is nestled within a well-regarded residential area, making it particularly attractive to families and commuters. Residents will benefit from nearby amenities such as shops, supermarkets, cafes, and leisure facilities, with Newport city centre just a short journey away, providing even greater access to shopping and dining experiences. The location also boasts good local schools and green spaces like Belle Vue Park and Beechwood Park, enhancing its appeal for family life. The entrance greets you with a spacious hallway leading into the living area and upstairs. To the left is a generously sized living room that transitions into an adjoining dining room, offering flexibility for various layouts. The kitchen is ripe for modernisation, allowing future owners to tailor it to their preferences. Additionally, there is a utility space and a ground-floor cloakroom that enhance the functional layout. On the first floor, you'll find three bedrooms—two large doubles and a single room—suitable for diverse needs such as children's rooms or home offices. Externally, the property features ample off-road parking courtesy of its large driveway, while the expansive rear garden consists of both patio and lawn areas—ideal for outdoor activities and family gatherings. It's important to note that this property has non-standard construction (steel-framed - bisf with an encased asbestos roof), which may impact financing options; therefore prospective buyers are encouraged to consult with mortgage professionals before proceeding.

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Investment analysis

(NP20 area)

Below Market Value

This property is priced -1.1% below area average per sq ft

-1.1%
Potential saving
This Property
£229/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£208
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£222,486
10% above area average per sq ft
Potential ROI
-7.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NP20)

Area prices are falling by -2.1% over the last 12 months
3 year growth: +6.0%
5 year growth: +11.3%
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 Road, Newport NP20
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 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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