2-bedroom bungalow · NP19 8BD
Sold STCListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*in need of updating!
Versatile, 2/3 bedroom detached bungalow in pleasant convenient location with kitchen/breakfast room, lounge with conservatory, gated driveway with no onward chain* Offering an ideal home for retirement but requiring some updating, this 2/3 bedroom detached bungalow benefits from many original features and is situated in this highly regarded area to the east of Newport, a short distance from Beechwood Park with its excellent recreational facilities and junction 24 of the M4.
The property occupies a superb mature plot with off-road parking and a good-sized south-facing rear garden.
In brief, the accommodation comprises: An entrance porch leads through a lobby to the L-shaped entrance hall.
A lounge with bay window and fireplace offers the potential for a 3rd bedroom, with 2 further bedrooms located off the main hallway.
The sitting/dining room opens to a good-sized conservatory returning into the extended kitchen/breakfast room with built-in pantries. A shower room is situated off the main hallway.
Purchasers should note: Both the 2nd bedroom and conservatory benefit from air conditioning. Outside: The property is accessed via double gates onto a brick-paved driveway with inset shrub beds.
Pathways extend to the side access via a gate. To the rear: A patio area with steps up to a large south-facing garden laid mainly to lawn with mature trees and shrubs offering a great deal of privacy.
Central willow tree.
Value & comps
No previous sales on record.
Returns
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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 178, Christchurch Road, Newport
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