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See how verdicts work2-bedroom flat · NP20 3JD
Listing removedListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £130,000 - £140,000 We would like to offer this two-bedroom, first-floor apartment for sale in Newport.
The property is situated in a convenient and popular residential area with excellent access to local amenities, including shops, supermarkets, and leisure facilities.
Newport city centre is just a short drive away, offering a wider range of retail and dining options.
The area is well-served by public transport links, with nearby bus routes and easy access to Newport Train Station, as well as the M4 motorway, providing direct connections to Cardiff, Bristol, and beyond.
Reputable local schools and green open spaces, such as Tredegar Park and Belle Vue Park, further enhance the appeal of this location.
This impressive two-bedroom flat has been meticulously redecorated to an incredible standard, offering a vibrant design and a beautiful presentation throughout.
The heart of the home is a spacious open-plan reception room, which easily doubles up as both lounge and dining room, and presents a great space for relaxing and entertaining.
The attractive living room is enhanced by newly installed windows and sliding doors that fill the space with natural light, and provide seamless access to a private balcony.
The balcony is perfect for relaxing or enjoying morning tea or coffee, and boasts scenic views of the surrounding landscape with visibility stretching all the way to the Bristol Channel.
The living room also features fitted storage, while an airing cupboard is available from the central hallway.
Additional highlights include a distinctive kitchen with a chequerboard floor, and colourful cabinetry providing ample storage space alongside the integrated hob and oven - making it both functional and visually appealing.
A helpful utility room is located towards the entrance, and can be used for household management as well as a useful cloakroom.
Both bedrooms are bright and inviting, with stylish decor, and fitted wardrobes for easy storage space. The bathroom features a toilet, bath suite, and overhead shower.
The property also benefits from an allocated outbuilding for external storage, while on-road parking is readily available.
Lease Information Date : 20 September 1999 Term : 125 years from 30 November 1981 Annual Ground Rent: £10 Annual Service Charges: £265 Annual Site Fee: £252.32 Council Tax Band B All services and mains water are connected to the property.
The broadband internet is provided to the property by FTTP (fibre to the premises), the sellers are subscribed to BT. Please visit the Ofcom website to check broadband availability and speeds.
The owner has advised that the level of the mobile signal/coverage at the property is good, they are subscribed to id mobile. Please visit the Ofcom website to check mobile coverage.
EPC Rating: C Utility (3.81m x 1.50m) Living Room / Diner (4.90m x 3.94m) Bedroom (3.61m x 3.28m) Bedroom (3.94m x 2.95m) Bathroom (2.39m x 1.65m) Hallway (4.90m x 0.99m) Parking - On Street
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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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 22 Joyce Close, Newport
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