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See how verdicts work2-bedroom terraced house · NP18 1BH
For saleReduced £10k (−4%) on 22 OctListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Charming Two-Bedroom Home in the Heart of Historic Caerleon, with Two Reception Rooms, Enclosed Garden & Versatile Summer House Situated in the heart of highly regarded Caerleon, this attractive two-double-bedroom home combines character, surprisingly versatile accommodation and a superb location within easy reach of the village's shops, cafés, restaurants, schools and transport links.
Stepping inside, the entrance hallway leads into a comfortable sitting room, providing an inviting space in which to relax.
A separate dining room offers plenty of room for family meals or entertaining friends, while the kitchen completes the main living accommodation.
A particularly useful addition is the ground-floor cloakroom/utility room, providing valuable practicality and additional space for everyday household needs.
To the first floor are two generous double bedrooms, making the property an excellent option for first-time buyers, couples, professionals or those looking to downsize without sacrificing bedroom space.
The accommodation is completed by a shower room.
Further enhancing the home's practical footprint, a telescopic ladder provides access to a fully converted, usable loft space-offering flexible potential as a cinema room, quiet retreat, or substantial additional storage.
Outside, the property benefits from an enclosed rear garden, providing a private space in which to relax, entertain and enjoy the warmer months.
Adding another dimension to the property is the summer house, a fantastic and adaptable space that could be used as a home office, gym, hobby room or peaceful retreat.
With home working now such an important consideration for many buyers, this is a particularly valuable feature. Location One of the property's biggest attractions is undoubtedly its location.
Caerleon is renowned for its rich Roman history and was once the site of Isca Augusta, one of only three permanent Roman legionary fortresses in Britain.
Today, its heritage remains a defining feature of this distinctive and sought-after village.
Everyday amenities are conveniently close at hand, with local shops, cafés, pubs and restaurants all within easy reach.
Families are also well served by local schooling, with both primary and secondary education available nearby.
For those needing to commute, the property is well positioned for access to the A48, A449 and M4 motorway, providing convenient connections towards Newport, Cardiff, Bristol and the wider South Wales region.
Regular local bus services are also available, while Newport railway station is approximately 2.5 miles away, providing further regional and national connections.
With two double bedrooms, two reception rooms, useful utility facilities, an enclosed garden and a versatile summer house, all within the historic and ever-popular village of Caerleon, Mill Street is a home that offers far more than first meets the eye.
Early viewing is highly recommended.
Property Ownership Information Tenure Freehold Council Tax Band D Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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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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.
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FAQ
About 11, Mill Street, Newport
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