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See how verdicts work2-bedroom flat · NP11 7AJ
For saleListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Guide price £120,000 - £130,000 We are delighted to present this two-bedroom, first floor floor flat for sale in Crosskeys.
Located in the heart of Crosskeys, this property is in a prime location, with access to several local amenities, including a variety of reputable schools and a Coleg Gwent campus within a stones throw.
Escaping into nature is easy with several parks nearby, including Waunfawr park, perfect for clearing the head and walking the dog.
The local rail station is minutes away by foot, as well as Newport being only a 15 minute drive away, where the M4 corridor can provide further access to Cardiff, Bristol and London, great for those commuting.
We enter this lovely property via a staircase at the side of the house that takes us up into the hallway of the top floor flat.
At the front of the property we have the impressive reception room, which is flooded by natural light by bay windows, and offers an abundance of space for relaxing and entertaining, with plenty of space to double up as the dining room.
The checkered floor kitchen is practical in design, with a wide range of sleek storage units and room for numerous appliances to join the integrated hob and oven.
The property benefits from two generously sized bedrooms, which are both bright, spacious and equipped with fitted wardrobes for easy storage.
From the hallway we have the stylish bathroom, featuring a toilet, vanity sink, and a shower cubicle.
Stepping outside we have a shared walkway that leads to the garden, where we can also find the properties allocated storage shed, ideal for tools, bikes and garden furniture.
The garden itself offers a great outdoor retreat with a blend of pebble stone and a large patio, adorned with several trees and shrubs, and an incredible view of the surrounding hills.
Leasehold Information: Date: 10 July 2017 Term: 125 years from 10 July 2017 Annual service charge: £200 approximately Council Tax Band: B All services and mains water (metered) are connected to the property.
The broadband internet is provided to the property by FTTP (fibre to the property), the sellers are subscribed to Virgin. Please visit the Ofcom website to check broadband availability and speeds.
The owner has advised that the level of the mobile signal/coverage at the property is good, they are subscribed to Vodafone. Please visit the Ofcom website to check mobile coverage.
Please contact us for more information or to arrange a viewing. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About 52 Waunfawr Gardens, Newport
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