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See how verdicts work2-bedroom semi-detached house · NP19 4BB
Sold STCListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE: £230,000 - £250,000 Presenting this well maintained two-bedroom semi-detached property situated on Spencer Way, Newport, offering modern living in a convenient residential location.
The property benefits from excellent transport connections, with easy access to the M4 motorway, making it ideal for commuters travelling to Cardiff, Bristol and beyond.
Newport city centre is also within easy reach, providing a wide range of shopping, dining and leisure facilities.
Residents can also enjoy convenient access to Spytty Retail Park, home to a variety of popular shops, supermarkets, restaurants and a cinema complex.
A selection of local amenities and well regarded schools are nearby, along with parks and attractions including Tredegar House and the Fourteen Locks Canal Centre.
Public transport links are readily available, with regular bus routes and Newport railway station providing direct services to major cities.
The property is accessed via the entrance hallway, creating a welcoming first impression.
Immediately to the left is a convenient downstairs WC, while to the right is the fitted kitchen offering practical workspace and storage.
Straight ahead is the spacious living and dining area, providing an ideal setting for both relaxing and entertaining.
French doors allow plenty of natural light into the room and provide direct access to the rear garden.
To the first floor, the property offers two well proportioned bedrooms, both providing comfortable accommodation with space for furnishings and storage.
The family bathroom is also located on this floor and is fitted with a modern suite.
Externally, the rear garden enjoys a combination of patio and lawn areas, creating a versatile outdoor space suitable for entertaining, dining or family use.
The garden also benefits from a useful shed for additional storage. To the front of the property is a private driveway providing off-road parking for two vehicles.
Solar Panels are connected to the property, Tenure: Freehold Annual Service Charge: £120 Annual Site Management Fee: £100 Council Tax Band D All services and mains water (metered) are connected to the property.
Please contact Number One Real Estate for more information or to arrange a viewing.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
Area
Agent & docs
FAQ
About Spencer Way, Newport, NP19
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