2-bedroom flat · TF10 7GA
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2 Bedroom, ground floor apartment being offered with No Upward Chain is modern, spacious and in an ideal location for anyone who likes the convenience of being close to Newport town centre, whilst still being able to enjoy the peace and tranquility that having the backdrop of Newport canal provides.
Being in excellent condition throughout, it has just been fully re-decorated and re-carpeted and is perfect for first time buyers, downsizers, investors or those simply looking for single storey accommodation.
Briefly comprising Entrance Hallway, large open-plan Lounge/Diner and Kitchen, 2 Bedrooms and Bathroom, there is allocated parking, uPVC D.G., electric zoned heating and a secure intercom system to the main front door.
Communal gardens to the side and rear may also be enjoyed. Service charge currently - £1208.32 per annum. Ground rent currently £200 per annum. Lease term is 125 years from 1st January 2007.
Council Tax Band B. EPC Rating tbc. Property Entered Via Main front door with intercom entry system into communal hallway.
The door to the apartment lies to the left hand side, and provides access to the Entrance Hallway Provides access to all rooms. Telephone for intercom system.
Door to airing cupboard containing hot water tank.
Bedroom 1 (12' 4'' x 9' 7'' (3.76m x 2.92m)) Bedroom 2 (9' 7'' x 9' 2'' (2.92m x 2.79m)) Bathroom (6' 7'' x 5' 5'' (2.01m x 1.65m)) Open Plan Lounge/Diner (19' 10'' x 14' 10'' (6.05m x 4.52m) (max)) Open Plan Kitchen (8' 3'' x 6' 9'' (2.51m x 2.06m)) Outside Directly to the fore of the property is an allocated parking space.
Additional visitor parking is also available. Communal lawned garden areas surround the property and tarmacadam path leads towards Newport Canal which offers pleasant walks.
Aml Regulations We are required by law to conduct anti-money laundering checks on all those buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Movebutler who will contact you once you have had an offer accepted on a property you wish to buy.
The cost of these checks is £40 (incl. VAT) per buyer, which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance, ahead of us issuing a memorandum of sale, directly to Movebutler, and is non-refundable.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 12, Chancery Court, Newport
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