2-bedroom flat · NP20 3PD
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TOP FLOOR TWO BEDROOM FLAT IN NEED OF UPDATING.
*No onward chain *First flloor apartment *Fitted kitchen *Two double bedrooms *Secure intercom system *Close to all major road links and rail transport *Allocated parking *Near to local amenities *Spacious lounge/diner *Perfect buy-to-let or frist time buy opportunity.
Fosmaen House, Golden Mile View, Newport Np20 3Pd - Introduction - A fantastic opportunity to purchase this two bedroom first floor flat situated just off Bassaleg Road in Newport, offering easy access to excellent amenities and major road connections.
Within walking distance there are local shops, bus stops and well regarded schools as well as the M4 being just around the corner, providing an easy commute to neighbouring towns and cities.
On entering the flat, the hallway leads off to a spacious lounge/diner, kitchen with integrated appliances, bathroom and two double bedrooms with built-in wardrobes.
There is also one allocated parking space and a secure intercom system. This will be an ideal first time purchase or buy-to-let investment. Tenure - Leasehold.
We are advised the lease was 125 years from January 2004, meaning approximately 104 years remaining.
Annual costs equate to approximately £1570 however all figures should be confirmed by your solicitor Council Tax - Band C Viewings - By prior appointment with vendors agents James Douglas. Tel: .
These particulars do not constitute an offer or contract of sale.
Whilst every care is taken in the preparation of these particulars, their accuracy cannot be guaranteed and prospective purchasers should satisfy by inspection or otherwise as to the correctness of any statements or information contained therein.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About Fosmaen House, Golden Mile View, Newport
Explore nearby