.png)
42 Fields Park Road, Newport, NP20 5BB
Marketed by:
Auction House Wales
6 Station Rd, Radyr, Cardiff CF15 8AA, UK
02920 475 184
Three Apartment Investment – Newport
42 Fields Park Road, Newport, NP20 5BB
For Sale
£299,000+
Key Features
- 3 bedrooms
- See Legal Pack
- EPC: Flat 1 - D, Flat 2 - C, Flat 3 - G
- Parking
- Apartments
Description
Stop slideshow Previous 1 of 19 Next Enlarge Stop slideshow Previous 2 of 19 Next Enlarge Stop slideshow Previous 3 of 19 Next Enlarge Stop slideshow Previous 4 of 19 Next Enlarge Stop slideshow Previous 5 of 19 Next Enlarge Stop slideshow Previous 6 of 19 Next Enlarge Stop slideshow Previous 7 of 19 Next Enlarge Stop slideshow Previous 8 of 19 Next Enlarge Stop slideshow Previous 9 of 19 Next Enlarge Stop slideshow Previous 10 of 19 Next Enlarge Stop slideshow Previous 11 of 19 Next Enlarge Stop slideshow Previous 12 of 19 Next Enlarge Stop slideshow Previous 13 of 19 Next Enlarge Stop slideshow Previous 14 of 19 Next Enlarge Stop slideshow Previous 15 of 19 Next Enlarge Stop slideshow Previous 16 of 19 Next Enlarge Stop slideshow Previous 17 of 19 Next Enlarge Stop slideshow Previous 18 of 19 Next Enlarge Stop slideshow Previous 19 of 19 Next Enlarge Close Previous Next and closes Wednesday 7th October 2026 at Midday. Description and closes Wednesday 7th October 2026 at Midday. Substantial, Period, Detached House Comprising of Three Apartments A rare opportunity to acquire a double bay-fronted, detached house, comprising of two, spacious, three-bedroom apartments and one, two-bedroom apartment on the current layout. The property is located on the ever-popular Fields Park Road, just outside Newport city centre. Each apartment benefits from many original features and is an ideal investment for the property developer / buy to let landlord. NB: The second-floor apartment is currently tenanted and is to be sold with the tenant in situ (protected tenancy). Ground Floor - Apartm
Accommodation
The source particulars describe the accommodation above; room-by-room dimensions should be checked against the auction floorplan and legal pack where available.
Location
Property located at 42 Fields Park Road, Newport, NP20 5BB. Local access, services and immediate surroundings should be confirmed during viewing and due diligence.
Tenure
See Legal Pack | EPC: Flat 1 - D, Flat 2 - C, Flat 3 - G
Tenancy / Occupancy
No passing rent has been assumed unless explicitly stated in the source particulars. Confirm vacant possession, occupational interests and any tenancy documentation in the legal pack.
Investment Analysis
Auctioneer/source facts are set out above. The figures below are HB desktop screening estimates based on the supplied particulars and current property type/condition. They are not an auctioneer valuation or formal survey.
The Base Scenario is used consistently throughout. SDLT is buyer-specific and should be added separately before setting a final bidding ceiling.
Investment Snapshot
| Guide Price / Status | £299,000+ / For Sale |
| Low / Base / High Works | £45,000 / £75,000 / £120,000 |
| Purchase + Base Works | £374,000 |
| Auction / Buyer Fee Allowance | £5,382 |
| Legal / Searches Allowance | £1,800 |
| Finance Allowance | £16,445 |
| Holding Cost Allowance | £4,500 |
| Works Contingency | £7,500 |
| Estimated Base Project Cost | £409,627 excluding buyer-specific SDLT |
| Low / Base / High GDV | £344,000 / £404,000 / £478,000 |
| Low / Base / High Rent | £1,200 / £1,500 / £1,800 pcm |
| Base Annual Rent | £18,000 |
| Gross Yield – Guide | 6.0% |
| Gross Yield – Total Project Cost | 4.4% |
| 70% / 75% Refinance on Base GDV | £282,800 / £303,000 |
| Cash Left In at 75% | £106,627 |
| Base Flip Surplus | £-5,627 |
| Suggested Strategy | Commercial / Mixed Use |
Market Comparables
HB desktop market evidence should be read together with the exact property type, condition, tenure and local micro-location. The Low/Base/High GDV range above is a screening range and must be confirmed against recent Land Registry sold evidence before a binding bid is made.
Proposed Works
| Initial strip-out / preparation | £6,750–£18,000 |
| Core refurbishment / building works | £20,250–£54,000 |
| Services / compliance / finishes | £11,250–£30,000 |
| Contingency / external works | £6,750–£18,000 |
HB works allowance: Low £45,000, Base £75,000, High £120,000. The Base Works figure is used consistently below; a measured survey and contractor pricing are required before commitment.
Rental Value
HB working rental range: £1,200–£1,800 pcm, with £1,500 pcm (£18,000 pa) used as the Base case. This is a desktop estimate rather than passing rent and should be checked against live comparable lettings.
Low / Base / High Investment Scenario
| Low Scenario | GDV £344,000; works £120,000; rent £1,200 pcm |
| Base Scenario | GDV £404,000; works £75,000; rent £1,500 pcm |
| High Scenario | GDV £478,000; works £45,000; rent £1,800 pcm |
BTL Analysis
| Monthly / Annual Rent | £1,500 pcm / £18,000 pa |
| Gross Yield on Guide | 6.0% |
| Gross Yield on Total Project Cost | 4.4% |
Gross yields exclude management, maintenance, voids, insurance, service charge where applicable, tax and mortgage costs.
Flip Analysis
| Base Project Cost | £409,627 excluding SDLT |
| Base GDV | £404,000 |
| Estimated Base Surplus | £-5,627 |
| Surplus on Cost | -1.4% |
This is a desktop screening surplus, not net profit. SDLT, tax and any additional selling/professional costs must be included before a final decision.
Commercial Analysis
The specialist strategy must be appraised separately using the actual planning/use position, professional fees, infrastructure or fit-out costs, finance, contingency and an appropriate investor/developer return. Do not rely on a standard residential yield model alone.
Maximum Bid Indicator
| Base GDV | £404,000 |
| Less Base Works | £75,000 |
| Less Auction / Legal / Finance / Holding / Contingency | £35,627 |
| Required Return Allowance | 15% of Base GDV |
| HB Desktop Screening Ceiling | £232,773 |
The HB Desktop Screening Ceiling is an appraisal indicator only, not a formal valuation or instruction to bid. Add buyer-specific SDLT and amend finance/return requirements before use.
Strategy Recommendation
Commercial / Mixed Use. This is the most relevant desktop strategy based on the source property type and current assumptions. Proceed only after legal-pack, survey, funding and market-evidence checks.
Strategy Rating
Commercial Investment ★★★☆☆ | Development ★★★☆☆
Key Risks
- Condition and refurbishment-cost overrun risk.
- Legal title, special conditions and financeability must be checked.
- Desktop GDV and rental assumptions require confirmation against current comparable evidence.
Analysis Confidence
Medium. The supplied individual-lot scrape provides useful source facts, photographs and location data. Confidence remains below High until the legal pack, physical survey and final sold/rental comparable evidence are fully checked.
Auction Details :
Auction House Wales
Auction Date :
07/10/26
Lot Number :
003
Property Location:
42 Fields Park Road, Newport, NP20 5BB
View our Property Calculators:
-
BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.
-
Buy to Let Calculator - Calculate rental yield, cash flow and potential return.
-
Property Development Calculator - Assess development costs, GDV and potential profit.
-
Build Cost Calculator - Estimate refurbishment, extension and construction costs.
-
Bridging Finance Calculator - Estimate borrowing costs and potential finance requirements.
Building Suppliers in your area
Tradespersons in your area
Professionals in your area
Plumbase Newport
Plumbing & Heating
Tel:
01633242020
Travis Perkins Newport Gwent
Builders Merchant
Tel: