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See how verdicts work3-bedroom flat · NP19 8BY
Listing removedListed 72 daysAuction 1 Sep · ended
Opportunity summary
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About
For sale by online auction - Lot 81 - End of terrace property currently arranged as two separate apartments.
Bidding opens: 01/09/2026 12:00 Auction scheduled to end: 03/09/2026 16:40 online auction from 1st - 3rd September A generous three storey, double-bay fronted property of brick construction under a slate roof.
Each apartment has their own separate entrances to the side of the building facing Hereford Street. Both apartments have generally been well-maintained and is to be sold with tenants in situ.
Newport is a rapidly emerging desirable living destination, a city and county borough in Wales, situated on the River Usk close to its confluence with the Severn Estuary, 12 mi (19 km) northeast of Cardiff.
Newport is the third-largest authority with city status in Wales and has seen extensive re-generation in recent years. Excellent rail and M4 transport links to Bristol, Cardiff and London.
Located within walking distance of local amenities and offers good road access to Newport city centre and junctions 24 and 25 of the M4.
Accommodation: Flat 1: Ground floor, two double bedroom garden apartment. Flat 2: Three double bedroom maisonette set over the first and second floors.
Tenure: Advised Freehold - to be verified by solicitor Tenancies: To be sold with tenants in situ: Ground floor Paying £750pcm. Top Floor Flat Paying £900pcm.
Value & comps
No previous sales on record.
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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 61 Chepstow Road, Newport
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