Modern Method of Auction
Auction date not yet published
3-bedroom terraced house · NP20 2DN
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this three bedroom terraced house, a fantastic opportunity for investors looking to put their own stamp on a property in a prime Newport location.
Step inside and you’ll find a spacious lounge and dining area that’s just waiting to be transformed into a cosy hub for relaxing or entertaining, with plenty of natural light filtering through.
The kitchen is ready for a makeover, offering a practical layout and plenty of potential for modernisation to suit your style and needs.
Upstairs, there are three well-proportioned bedrooms, each with enough space to create comfortable retreats for family, guests or tenants.
The bathroom is functional but would benefit from updating, giving you the chance to add value and create a fresh, contemporary space.
This property is offered via modern auction, making it a straightforward purchase for those looking to move quickly or secure an investment with great potential.
The location is a real highlight, with Newport city centre just a short stroll away, so you’ll have easy access to shops, cafes, restaurants and all the amenities you could need.
Commuters will love the excellent transport links, with Newport Station close by and the M4 within easy reach for journeys further afield.
Although the house does need some work, it’s a blank canvas with plenty of scope to add value, whether you’re planning to refurbish and sell on, rent out, or create your perfect first home.
The layout makes it versatile for different lifestyles, and the proximity to local schools and leisure facilities will appeal to a wide range of buyers.
If you’re looking for a project in a sought-after area with everything on your doorstep, this could be the ideal property for you. Don’t miss the chance to view and see the potential for yourself.
This is a property with bags of potential in a fantastic Newport location, just waiting for someone to unlock its value and enjoy all the benefits of city living with excellent connectivity.
Get in touch today to arrange a viewing as part of the Modern Auction Method (perfect for buyers who want a transparent and efficient purchase).
Modern Auction Method Information: This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Ellyse Errington | Auction Specialist call: visit: Video Tour: EPC Rating: C Disclaimer By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with HMRC guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf.
Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically.
A non-refundable fee of £54 inc VAT per person will apply for these checks, and Coadjute will handle the payment for this service.
These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale.
Please contact the office if you have any questions in relation to this.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
FAQ
About Kings Parade, Newport, NP20
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