3-bedroom terraced house · NP20 5NA
Listing removedListed 141 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented and spacious three-bedroom terraced property situated on the popular Redland Street, ideally located close to Newport city centre and a range of local amenities.
The accommodation offers generous living space throughout, comprising three reception rooms, providing excellent flexibility for use as lounge, dining room, and home office or additional sitting area.
The property benefits from a new bathroom set to be installed, ensuring a fresh and modern finish for incoming tenants.
To the first floor, there are three good-sized bedrooms, all newly refreshed with brand new carpets fitted throughout the upstairs.
Externally, the property boasts an enclosed rear garden, perfect for relaxing or entertaining.
Further benefits include: Offered unfurnished New bathroom to be fitted New carpets upstairs Excellent access to the M4 motorway Close to local schools, shops, and amenities Convenient for Newport city centre Strong transport links This property is ideal for families or professionals seeking a well-located home with ample space.
Early viewing is highly recommended. To qualify for this property you must be able to provide evidence of a minimum household income of £33,000.
The Zero Deposit Guarantee allows you to rent a property by paying a fee which the equivalent of one week's rent In addition to an administration fee of £59 which will need to be paid prior to the tenancy commencing.
The Zero deposit if opted for will replace the requirement to pay a traditional deposit, subject to successful referencing.
When you move out of the property, the usual inventory and check-out will take place and, as long as there is no damage or rent/bills outstanding, the Guarantee expires and you walk away.
If the landlord does claim for reimbursement, rather than this being taken out of a prepaid deposit in the traditional system, you simply pay the amount required to the landlord.
Any dispute between yourself and the landlord on this amount will be decided by the Tenancy Deposit Scheme. Council Tax Band: Holding Deposit: £252.00
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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