2 & 2A Preston Avenue, Newport, NP20 4JE

NP20 4JE · Auction House South Wales · Wales

£180,000guide price
3.5%gross yield
Residential3.5% gross yield
2 & 2A Preston Avenue, Newport, NP20 4JE
Photo: Auction House South Wales catalogue

Pre-bid risk check

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Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

EPC D

No listing-level EPC red flag, subject to official certificate expiry and address match.

medium confidence, Auction listing enrichment

Planning and licence check still needed

Article 4, conservation, HMO licensing, and flood checks need official-source lookup against the address.

not verified confidence, Full pre-bid pack

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About this lot

End of Terrace House

Bidding opens Monday 5th October 2026 at Midday and closes Wednesday 7th October 2026 at Midday Investment Opportunity - 2 Apartments End of terrace house which has been converted into two, self contained apartments. Each flat benefits from its own private entrance, gas central heating, (not tested) and double glazing. The property is located just outside the Newport city centre on the west side of Newport with excellent access to the M4 at Junction 27. There is a rear garden with the ground floor flat which is currently tenanted and is to be sold with the tenant in situ. Ground Floor Apartment Private entrance into a period entrance hall, living room, kitchen breakfast room, one double bedroom, rear hallway and a shower room. Access to a level rear garden. The ground floor is tenanted and it to be sold with the current tenant in situ. Please refer to the legal pack for the lease information. Current rent payable - £525 pcm.First Floor Private entrance with stairs leading the first floor landing, living room, kitchen, two bedrooms and a bathroom. The first floor flat is sold with vacant possession.Tenure Leasehold - 999 years from 25th March 1985. Ground Rent - £10.00 pa.Viewings Auction House Wales 01633 212555 Tenure: Leasehold Lease Details: 999 years from 1985 EPC Rating: 2 - D & 2A - C Important Notice to Prospective Buyers We draw your attention to the Special Conditions…

From the Auction House South Wales listing. Read the full listing and legal pack →

Key facts

ResidentialUse class
LeaseholdTenure
DEPC
£6K/yrPassing income

Recent sold prices nearby

4 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

14 BA**** ST****NP20 4DJ£105,000
23 BA**** ST****NP20 4DJ£200,000
12 BA**** ST****NP20 4DJ£149,000

1 more sale with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in NP20

Evidence from 139 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+73%median uplift
£49,000typical value added
4.4 yearstypical hold period

See 139 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 139 registered sale pairs in NP20 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

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