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3 bed semi-detached house for sale

£125,000 Shared ownership

Walker Point Way, Newport NP20

3 bed semi-detached house for sale 3 2 1
Interested in this property? Call +44 1633 371725 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • 50/50 shared ownership
  • Perfect for first time buyers
  • 3 bedrooms
  • Semi detached house
  • Allocated parking
  • Lounge/dining room
  • Modern kitchen
  • Ground floor WC & first floor bathroom
  • Good size garden with shed
  • Brand new build

Property description

*huge opportunity, 50/50 shared ownership, perfect for first time buyers, 3 bedroom semi detached house in new development off mendalgief road*

An opportunity to acquire one of a limited number of affordable homes situated on the popular Royal Victoria Court development just off Cardiff Road. Working in partnership with Melin Homes, a major provider of affordable homes, M2 Estate Agents are pleased to be promoting a range of Shared Ownership options to buy a brand-new home. Shared Ownership stakes are available from 50% to qualifying buyers. The first homes are available to reserve now.
This 3 bedroom semi detached property offers well planned accommodation comprising: To the ground floor: An entrance hall with cloakroom/wc and turned stair case to the first floor. A well appointed Kitchen benefits from a built in oven and hob. The spacious lounge/dining room enjoys an outlook and opens to the rear garden. To the first floor: The landing leads to 3 bedrooms and family bathroom. Outside: An allocated parking area. To the front an easily maintained forecourt, paved pathways extend to the rear. To the rear: A patio area leads on to a garden laid to lawn enclosed by fencing with timber shed. The property further benefits from a 10 year warranty and from fitted carpets.

Rent: A typical example for this 3 bedroom semi detached home based on a 50% share. Purchase price £125,000, Rent payable for remaining share approximately £286.00 per month.

Buyers will need to pay £600 reservation fee, £250 of which is refundable. No ground rent is payable and the annual service charge currently is £350pa which is subject to increases.

Property info

Floorplan(s): Floorplan 1

View original

Property value data/graphs for NP20

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £371,511 £205 3.8 £362,066
Semi-detached £256,195 £168 3.3 £224,402
Terraced £214,835 £137 3.1 £175,782
Flats £142,580 £170 1.8 £119,068

Current asking prices in NP20

Average: £294,534
Avg. current asking prices in NP20
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £140,000
(2)
£201,232
(17)
£237,368
(116)
£366,286
(42)
£614,722
(18)
Flats £118,528
(17)
£146,066
(30)
£180,000
(2)
£170,000
(2)
-
All £120,788
(19)
£166,020
(47)
£236,395
(118)
£357,364
(44)
£614,722
(18)

Current asking rents in NP20

Average: £1,252 pcm
Avg. current asking prices in NP20
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £984 pcm
(3)
£1,233 pcm
(6)
£2,587 pcm
(4)
£2,002 pcm
(1)
Flats £705 pcm
(4)
£933 pcm
(3)
- - -
All £705 pcm
(4)
£958 pcm
(6)
£1,233 pcm
(6)
£2,587 pcm
(4)
£2,002 pcm
(1)

Fun facts for NP20

Highest value in NP20
Highest value streets Zed-Index
Westfield Road £758,898
Hazel Tree Grove £500,532
Fields Park Avenue £466,202
Woodville Road £456,436
Broadleaf Way £444,899
Highest turnover in NP20
Highest turnover streets Turnover
Sheridan Close 72.7%
Llanvair Grange Close 50.0%
Downton Hall Close 50.0%
Ash Tree View 48.0%
Japonica Close 47.4%
Arrange Viewing

For more information about this property, please contact
M2 Estate Agents, NP20 on +44 1633 371725 * (local rate)

Monthly running costs Beta

£714 Monthly total

Mortgage

Purchase price
Deposit (10%) 12,500
Repayment term 25
Interest rate 2.0
Your payment £476 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £13/mo (£152/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £33 Electricity £51 Estimated energy cost £84/mo

Similar properties could save up to £197

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 13200 kWh/year
Electricity: 3600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Newport

Estimated tax band B Council tax cost £97 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £18 Sewerage £26 Estimated water cost £44 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by M2 Estate Agents, and do not constitute property particulars. Please contact M2 Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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