Modern Method of Auction
Auction date not yet published
3-bedroom house · NP20 6JZ
Sold STCListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular and peaceful residential area of Fern Rise, Newport, this spacious three-bedroom semi-detached home presents a fantastic opportunity for buyers looking to create their ideal family property.
Owned by the same family for many years, the home offers generous living accommodation throughout and is perfectly suited for a growing family wanting space, parking, and potential in a sought-after location.
The property is approached via steps leading to the front entrance and benefits from driveway parking for three to four vehicles.
Internally, the accommodation briefly comprises a spacious entrance hallway with stairs rising to the first floor, a bright and welcoming lounge with a large front-facing window and gas fire with back boiler, opening through to a separate dining area with views over the rear garden.
The enclosed rear garden provides both patio and lawned areas, offering excellent outdoor space for children, pets, and entertaining, along with convenient side access to the driveway.
The fitted kitchen includes an electric oven and hob, sink overlooking the driveway, tiled flooring, and space for white goods.
While the kitchen and bathroom would benefit from some cosmetic updating, they remain functional and offer excellent potential for modernisation.
To the first floor are three well-proportioned bedrooms, including a generous main bedroom, a further double bedroom overlooking the garden with airing cupboard storage, and a good-sized third bedroom with useful built-in boxed space ideal for a loft bed, desk area, or additional storage.
The family bathroom comprises a three-piece suite with shower over bath, pedestal wash basin, WC, and vinyl flooring.
Additional benefits include double glazing, radiators throughout, a partially boarded loft, and a quiet residential setting surrounded by similar attractive homes.
This is a wonderful opportunity to purchase a much-loved property with fantastic potential in a desirable Newport location.
Enhancement of images - Please note that some marketing images may have been digitally enhanced or virtually dressed for presentation purposes, including seasonal enhancement, sky replacement, colour adjustment and the addition of virtual furnishings.
Buyers should not rely solely on photographs and are advised to view the property in person.
Property ref: EH1663 Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
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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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 7, Fern Rise, Newport
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