2 reception rooms
We are currently awaiting the tenancy agreement from the landlord and will update the listing when received.
Prices in NP11 have increased 27% over the last 5 years (+1% over the last 12 months) and are £116k which varies by property type (£100k for a 1-bed flat to £332k for a 5-bed terraced property (this area has insufficient data for detached).
On average, there have been 38 properties sold per month in the area in the last 12 months.
In comparison, prices in the wider Newport NP postcode area are £152k (+2% over the last 12 months) and range between £89k for a 1-bed flat to £423k for a 5-bed detached property.
Rents in NP11 are now at £519 per month (£6,228 pa) (+6% over the last 12 month).
On average, there have been 14 properties listed for rent per month in the area in the last 12 months.
Given prices in the area, gross yield is currently 5.6% which is higher than the national average of 4.7% and the wider Newport NP postcode area of 5.1%.
This property is currently achieving a gross yield of 6.5% which is 14% higher than the area.
Source: REalyse - 16/04/2019
Documents available on request, please contact for viewings or further questions.
The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.
Newport is Wales’ third largest city in south east Wales. It is located around 12 miles northeast of Cardiff and 138 miles west of London on the river Usk. The city is partially surrounded by the M4 motorway, coming as close as a mile within the city centre, and can be accessed via 6 junctions, 24 – 28 inclusive. London and the Bristol city region are also easily accessible via the M4. This makes Newport an ideal location to commute.
Newport railway station is in the heart of the city and is situated on the main line between Cardiff and London. Newport has direct rail services to Cardiff, Swansea, Manchester, Birmingham, Holyhead, Nottingham, Birmingham, Bristol and London. Trains to Cardiff take on average 16 minutes and trains to London take around 90 minutes.
Cardiff Airport and Bristol Airport are within an hour's drive of Newport, offering domestic and international flights.
Newport’s commuting area includes much of south Monmouthshire as well as the city centre and the business parks clustered around the M4 motorway on junctions 24 in the east and junction 28 in the west. Some of the big organisations that are based here include the headquarters of the Office for National Statistics, a large Panasonic manufacturing plant, the headquarters of insurance comparison company Gocompare, Airbus Defences & Space (the second largest space company after Boeing), the headquarters of the United Kingdom Intellectual Property Office (formerly the Patent Office), the Passport Office for much of the south and west of the UK and Admiral Insurance, to name a few.
Newport has a lot to offer for both visitors and residents. Some of the most popular attractions include Caerlon Roman Baths, Belle Vue Park, National Velodrome, Newport Museum and Art Gallery. One of the city’s biggest and fastest growing events is the Newport Food Festival. Now running for its 9th consecutive year, the Newport-based brewery Tiny Rebel is the current headline sponsor for the event.
The city also has a rich sporting heritage which includes the Newport Gwent dragons rugby team who call Rodney parade their home. Newport AFC are the local football club who currently play in Football League 2. Around 4 miles outside the city centre golf enthusiasts can find the Celtic Manor Resort, which hosted the 2010 Ryder Cup and the NATO Summit 14. In Lliswerry, in the south east of the city, is the Newport International Sports Village, a multi-sports complex. It includes a football development centre, athletics/football stadium, velodrome and attached cycle speedway track, tennis centre, swimming pool and cricket pitches. The velodrome was used by the Great Britain track cycling team as their exclusive base for their final preparations for the 2012 Summer Olympics.
The University of South Wales is located in the city centre overlooking the river Usk and also has a campus in Caerleon, offering a wide range of academic courses. Newport also has the further-education Coleg Gwent City of Newport Campus in Lliswerry, which is informally known as Nash College. It also has eight state comprehensive schools and one independent comprehensive school, as well as three Welsh-medium primary schools and one Welsh-medium secondary school.
All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.
Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
In no event will we be liable for any loss or damage, including without limitation any loss or damage arising directly or indirectly out of or in connection with the use of this website and the information contained therein.
Copyright © 2020 Vesta Global Limited. All rights reserved.