We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · NP20 4DJ
Listing removedListed 363 daysAuction 3 Dec · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online, unconditional auction on 03/12/2025 18:00 Guide Price: £105,000+ HOUSE FOR RESIDENTIAL INVESTMENT Located in the sought-after area of Baneswell, Newport, this property offers superb access to the City Centre, which provides an extensive range of amenities, shops, restaurants and other facilities.
The accommodation is arranged over two floors and comprises a large living/dining room, kitchen and shower room on the ground floor, with three bedrooms to the first floor.
The property further benefits from a gas combination boiler and double glazing.
On-street permit parking is available to the front of the property (interested parties are advised to contact the local authority for further information).
The property requires some renovation, presenting an excellent opportunity to add value.
With strong rental demand in the area, this property would make an ideal residential investment or refurbishment project.
Newport benefits from a range of transport links including the central bus and railway stations, as well as excellent road connections and easy access to the M4 motorway at Junction 26.
Accommodation Ground Floor - Entrance hallway, living/dining room, kitchen, shower-room First Floor - Landing, 3-bedrooms Outside - Rear back garden Tenancy Details To be sold subject to occupational contract at £700 per calendar month.
(Please note: The rental potential will be around £1,000-£1,1000 per calendar month once renovated) Tenure Tenure is advised Freehold Applicable Fees Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.20 inc.
VAT of the final sale price (subject to a minimum of 995.00 inc. VAT).
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 31 Bailey Street, Newport, Gwent, NP20 4DJ
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