2-bedroom flat · NP19 9RB
Let agreedReduced £75 (−8.1%) on 21 AugListed 105 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2962518. 2-Bedroom Ground Floor Flat with Shared Garden - Newport This well-proportioned, two-bedroom ground floor flat offers practical and accessible single-level living.
Positioned on the edge of Ringland, the property is ideally situated for commuters, providing rapid connectivity to Ringland Way and the M4 motorway network at Junction 24 for straightforward travel into Cardiff, Bristol, and beyond.
The Accommodation Benefiting from being freshly painted with brand-new carpet , the practical ground-floor layout comprises: - Entrance Hall & Lounge: A welcoming entrance hall leads directly into a bright and comfortable main living room.
- Internal Corridor: A central hallway featuring a convenient built-in storage cupboard separates the living areas from the quiet bedrooms.
- Two Double Bedrooms: Both bedrooms are generously sized doubles, offering plenty of space for wardrobes and freestanding furniture.
- Fitted Kitchen: Practical and well-equipped with an integrated oven and hob. A rear door provides direct access to the outdoor space and a private storage shed.
- Bathroom: A clean, functional suite featuring a full-sized bath with an overhead shower.
Outside & Location The property features direct access to a shared communal garden, complete with your own private lockable storage shed.
Its excellent position on the outskirts of the community means you are within easy reach of local schools and shops.
The vibrant Spytty Retail Park is just a short walk away, providing a vast array of retail outlets, supermarkets, and restaurants right on your doorstep, while Newport City Centre is a short drive away.
Key Information & Compliance In accordance with consumer transparency requirements and the Rent Smart Wales Code of Practice, please review the mandatory material info: - Monthly Rent: £975.00 per calendar month - Security Deposit: £1,125.00 (protected within a government-authorised scheme).
- Holding Deposit: £224.13 (Capped at a maximum of one week's rent, if required). - Contract Type: Standard Occupation Contract (usually six months fixed term to start).
- Council Tax Band: Band A (Newport City Council). - EPC Rating: C (Energy Performance Certificate). - Heating & Utilities: Energy-efficient gas central heating.
Mains gas, electricity, water, and drainage. - Parking: On-street parking options available nearby. Available immediately. Please contact us directly to arrange a viewing appointment.
Summary & Exclusions: - Rent Amount: £975.00 per month (£225.00 per week) - Deposit / Bond: £1,125.00 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 13 July 2026 - Minimum tenancy term is 6 months - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills not included - No Parking Available - Property has garden access - EPC Rating: C If calling, please quote reference: 2962518 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Balfe Road, Newport
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