Modern Method of Auction
Auction date not yet published
4-bedroom terraced house · NP20 4HY
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
INVESTMENT OPPORTUNITY | TWO FLATS | SOLD AS ONE COMPLETE BUILDING | NO ONWARD CHAIN.
A substantial and beautifully refurbished property comprising two separate flats, offering generous, modern accommodation and an excellent opportunity for investors.
Key Features One Complete Building Comprising Two Flats No Onward Chain Beautifully Refurbished Throughout Both Flats Ready for Immediate Occupation Generous & Versatile Accommodation Modern Fitted Kitchens Contemporary Shower Facilities Spacious Living Areas Excellent Investment Opportunity Early Viewing Highly Recommended A fantastic opportunity to acquire a substantial property comprising TWO, TWO BEDROOM FLATS, offered for sale as ONE COMPLETE BUILDING with NO ONWARD CHAIN.
Beautifully refurbished throughout and ready for immediate occupation, 87 Risca Road presents an excellent opportunity for investors or buyers seeking flexible accommodation.
The property is arranged as two separate flats, both benefiting from modern interiors and having undergone an impressive refurbishment to create stylish, well-presented accommodation throughout.
Across the two flats, the property provides generous bedrooms, spacious living areas, modern fitted kitchens, contemporary shower facilities and useful utility space, offering an excellent level of accommodation within the building.
Finished to a high standard, both flats are ready to move straight into, making this an attractive proposition for those looking for a property where the hard work has already been completed.
Being offered for sale as one complete building comprising two flats, the property represents a particularly appealing opportunity for investors, while its versatile layout could also suit buyers looking for flexible or multi-generational accommodation, subject to any necessary consents.
Conveniently positioned on Risca Road, Newport, and offered with the added benefit of NO ONWARD CHAIN, early viewing is highly recommended to fully appreciate the quality, space and potential on offer.
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 buyer 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. Payment varies but will be no more than £450.00.
These services are optional.
Value & comps
No previous sales on record.
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Returns
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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 Risca Road, Newport, NP20
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