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See how verdicts work2-bedroom flat · NP19 0LN
For saleReduced £5k (−4.2%) on 9 OctListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £125,000 - £135000 We are delighted to present this two-bedroom apartment for sale in Newport.
This property is positioned on the first floor of a secure building directly adjacent to the River Usk.
Located just outside of the city centre, this property is brilliant for anyone who works in the centre of Newport or needs to commute to Cardiff, Bristol, or London with the train station only a five-minute drive away and easy access to the M4 corridor.
Newport high street and Friars Walk Shopping Centre are very close, with several restaurants, cafes, and retail stores.
With many parks nearby and a glorious riverside walk right on the doorstep, this property is perfect for those looking for a relaxing surrounding while embracing city life.
This wonderful low maintenance flat features an attractive reception area at the heart of the home combining the lounge, diner and kitchen in a fluid open plan layout.
The reception room is very spacious in size, and is ideal for relaxing and entertaining visitors, with multiple windows to flood the room with natural light, including French doors to a Juliet balcony.
The kitchen features multiple storage options and room for numerous appliances to join the integrated hob and oven.
The property boasts two well sized double bedrooms, while from hallway we can find two fitted cupboards, with a helpful cloakroom and a general storage closet.
The family bathroom features a toilet, bath, and overhead shower.
Additional benefits include an allocated parking space as well as visitor spaces available in the car park adjacent to the property, as well as a riverside pathway for easy connections into the City Centre.
Leasehold Information: Term : 125 years from 1/01/2007 Annual Ground Round: £120.00 Annual Service Charge: £1,900.00 Council Tax Band B All services and mains water(metered) are connected to the property.
How broadband internet is provided to the property is unknown, the sellers are subscribed to Vodafone. Please visit the Ofcom website to check broadband availability and speeds.
Please visit the Ofcom website to check mobile coverage. Please contact us for more information or to arrange a viewing. Parking - Allocated Parking
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.
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FAQ
About 102 Argosy Way, Newport
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