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See how verdicts work2-bedroom flat · NP20 4HY
Sold STCReduced £10k (−6.7%) on 22 SepListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-presented two-bedroom flat, offered to the market with no onward chain, featuring generous living accommodation, a modern kitchen and shower room, making it an ideal purchase for first-time buyers.
Key Features No onward chain Two double bedrooms Spacious living room Modern fitted kitchen Contemporary shower room Light and airy throughout Ideal first-time buy Well-proportioned rooms Ready to move into Offered to the market with no onward chain, this spacious two-bedroom flat provides comfortable and well-appointed accommodation throughout, ideally suited to first-time buyers.
Upon entering, a welcoming hallway provides access to all principal rooms.
The generous living room is positioned to the front of the property and offers an excellent space for relaxing and entertaining, benefitting from a large bay window which allows plenty of natural light to flood the room.
Adjacent to the living room is a spacious double bedroom, which could alternatively be utilised as a dining room, home office or additional reception space depending on individual requirements.
The property further benefits from a second well-proportioned double bedroom located to the rear of the flat, together with a modern fitted kitchen offering a range of wall and base units and space for appliances.
A contemporary shower room completes the accommodation, fitted with a walk-in shower, wash hand basin and WC.
With its spacious layout, convenient location and no onward chain, this attractive flat presents an excellent opportunity for a variety of purchasers and is ready for immediate occupation.
Early viewing is highly recommended to appreciate the accommodation on offer.
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.
Area
Agent & docs
FAQ
About Flat 2, 87, Risca Road, Newport
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