Summary - 15, ROSE STREET NP20 5FD
2 bed 1 bath End of Terrace
Two-bed renovation project close to Newport station and city centre.
Sold at modern auction; undisclosed reserve and buyer fees apply
A two-bedroom Victorian end-of-terrace with solid period bones and clear scope for value uplift. The property offers two reception rooms, a modest rear garden and a practical 846 sq ft layout that responds well to reconfiguration or modernization.
This home is being sold at auction with a start bid of £100,000 and an undisclosed reserve. Buyers should expect an additional non-refundable reservation fee of 4.5% of the purchase price (minimum £6,600) plus an administration fee (up to £349). The auction route requires completing within 56 days, so allow time for finance and surveys.
The location is well connected — a short walk to Newport city centre, the train station and local bus routes — which supports rental demand or resale after refurbishment. However, the property sits in a very deprived area with above-average crime levels; this will affect tenant demand, pricing and insurance costs.
This is a straightforward project for an investor or an experienced first-time buyer able to manage renovation works. Carrying out a full survey and local market checks is essential before bidding, given the auction terms and the property's renovation needs.
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