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Channel View, Risca, Newport NP11

Wales

£90,000
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Flat
Area
681 sqft

Description

Presenting a two-bedroom first floor flat in the sought-after Channel View area of Risca, this property offers an appealing opportunity for investors or downsizers looking to undertake a renovation journey. The layout features a spacious lounge, perfect for both relaxed evenings and entertaining guests, complemented by two bedrooms that serve as quiet havens for rest. The kitchen and bathroom provide essential amenities, albeit in need of modernisation, which allows for significant personalisation to suit your tastes. Off-road parking is an added convenience, ensuring easy access to the property. Located within a friendly community, the flat is conveniently close to local amenities and transport links, making it a practical choice for commuting or exploring the wider region. This property represents not just a home but also a canvas to infuse with your own style and vision, making it a worthwhile investment in today's market.

Investment Analysis

(NP11 area)

Below Market Value

This property is priced -32.0% below area average per sq ft

-32.0%
Potential saving
This Property
£132/sq ft
Area Average
£194/sq ft
Avg Rent (weekly)
£193
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£145,550
10% above area average per sq ft
Potential ROI
+26.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NP11)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +6.9%
5 year growth: +30.6%
Investment Disclaimer: Analysis based on NP11 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

Channel View, Risca, Newport NP11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£319
Based on a loan of £67,500 over 30 years at 3.91% 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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