1-bedroom flat · NP20 3EX
Listing removedReduced £5k (−4.3%) on 20 JunListed 176 days
Opportunity summary
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About
Tenure: Leasehold Guide price £115,000 - £120,000 We are delighted to offer this age exclusive property - a one bedroom, ground floor flat for sale in Newport.
Located just outside the City Centre, this retirement property for over 60’s is well situated in a peaceful position just a short drive to Newport high street and Friars Walk shopping centre, where there are several restaurants, cafes, and retail stores, along with Spytty Retail Park.
A lovely walk can be found in St Woolos Cemetery opposite the complex, with Bellevue Park and Gaer Fort can also be found within 10-15 minutes by foot.
This lovely apartment is conveniently located on the ground floor of the building, which offers communal reception rooms, guest facilities, lift access, and social activities.
The property features an inviting blend of modern comfort and practical living, with the heart of the home showcasing a spacious living room, complimented by a cosy fireplace and a doorway that opens directly to the gardens, allowing natural light to flood throughout the room.
The open plan layout offers an abundance of flexible arrangements, with plenty of space for both a lounge and dining area.
The practical kitchen neighbours the reception room, featuring multiple storage options and room for appliances to join the integrated oven and electric hob.
From the hallway we can a communal closet, and the generously sized double bedroom, which enjoys a fitted wardrobe for easy storage space.
The bathroom is located adjacent, with a toilet, shower suite, and a helpful airing cupboard.
Additional features include off-road parking with a car park at the front of the building, with the communal gardens offering an extensive outdoor space to enjoy.
The garden showcases an idyllic space for lounging in the sunshine and strolling around the grounds, complete with well maintained lawns, pebbles tone seating areas, and a variety of colourful plants and mature trees.
Leasehold Details: Date : 31 May 2002 Term : 125 years from 1 April 2000 Annual Ground Rent: Tbc Annual Service Charge: Tbc Council Tax Band C All services and mains water are connected to the property.
How the broadband internet is provided to the property is unknown, the sellers are subscribed to Sky. 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. Please visit the Ofcom website to check mobile coverage.
Please contact us for more information or to arrange a viewing. EPC Rating: C Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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FAQ
About Flat 9, Monmouth Court Bassaleg Road, Newport
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