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See how verdicts work2-bedroom flat · NP20 3JD
SoldListed 273 daysAuction 23 Feb · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bidding opens Monday 23rd February 2026 at 13.00 and closes Tuesday 24th February 2026 at 13.00. A Two-Bedroom, Second-Floor Apartment in Need of Improvement.
An opportunity to acquire a two-bedroom, second-floor apartment located off Shakespeare Crescent in the popular Gaer area of Newport.
The property has good access to a variety of local amenities within Gaer, with a wider selection in Newport city centre.
The property has good access to transport links via the M4 motorway at junctions 27 & 28, and its access to Pye Corner Railway Station, which provides regular routes to Cardiff.
The property would be an ideal purchase for a buy-to-let landlord. Ground Floor Communal entrance and staircase.
Second Floor (Apartment) Entrance hallway, Kitchen/diner, living room, two bedrooms and a bathroom. Viewings Via Auction House Wales on .
Council Tax Band - B Tenure: Leasehold Lease Details: 125 years from 15 February 1982 EPC Rating: D Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: £1500 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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
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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 47 Joyce Close, Gaer, Newport, South Wales NP20 3JD
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