Summary - 7 Dean Street NP19 7FB
2 bed 1 bath Terraced
Two-bed terraced freehold for renovation — auction sale with buyer fees and undisclosed reserve.
Freehold mid-terrace two-storey house, approx. 721 sq ft
A mid-terrace two-storey house on Dean Street, offered freehold and chain-free with clear potential for refurbishment or let-ready conversion. The property provides two double bedrooms, a large lounge/diner and a compact kitchen, set across approximately 721 sq ft. An enclosed low-maintenance rear yard adds private outdoor space in an otherwise urban setting.
This sale is by Modern Method of Auction — buyers should note an undisclosed reserve price, a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600 including VAT) and additional buyer costs. The auction process requires completion within 56 days and buyers must complete ID and funding checks; please review the Buyer Information Pack and legal documents before bidding.
The house requires renovation throughout (kitchen and bathroom highlighted) and its solid period stone facade likely needs internal updating and insulation work. The area is very deprived with very high crime statistics; this affects rental demand, insurance and resale considerations. Positive factors for investors include a low purchase price, no chain, mains gas central heating, double glazing, and fast broadband/mobile signal.
Suited to an investor or an owner-occupier willing to undertake refurbishment, this property offers a low-entry route into Newport property ownership. Carrying out sensible repairs, improving security measures and modernising services could unlock rental income or increase market value, but purchasers must factor in renovation costs, auction fees and local area challenges when assessing viability.
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