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4 bedroom detached house for sale
Unique Opportunity, Deer Park Lane, Bassaleg
£550,000
Unique Opportunity, Deer Park Lane, Bassaleg
£550,000
Price History
Initial price | £750,000 |
02/02/24 | £695,000 |
20/06/24 | £649,500 |
16/07/24 | £600,000 |
21/01/25 | £550,000 |
Price Change | -26.67% |
Description
This rare and exceptional property is situated on approximately 1 acre of land in the desirable Redrow Carnegie Court development, within easy reach of Newport city centre and the M4 motorway. The residence requires full renovation, but offers huge potential for either refurbishment as a large family home or conversion into multiple properties, subject to necessary planning consents. Although previous development plans were initially hindered by a blanket Tree Preservation Order (TPO) on the site, it is now understood that this has been eased on some critical trees, providing an opportunity for potential buyers to explore alternative development options.