Flat for sale in Coverack Road, Newport NP19

From £55,000
Flat for sale - 1 bedroom 1 1 1
Interested in this property? Call +44 1633 449186 * or Request Details

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

Property features

  • ***coming soon (early 2022)****
  • ***prices from £55,000 (50% ownership price)***
  • ***register interest now***
  • ***1 & 2 bed shared ownership, riverside apartments ***
  • £500 towards legal fees (T&c's apply)
  • Off road parking
  • Open plan living
  • An affordable option to own your own home

Property description

***register your interest now***prices from £55,000 (50% ownership price)****1 & 2 bed shared owneship apartments***available early 2022***
Get your foot on the property ladder with these brand new 1 & 2 bedroom shared ownership apartments on the banks of the river Usk.

***coming soon (early 2022)"***prices from £55,000 (50% ownership price)****1 & 2 bed shared owneship apartments***
Tramway House enjoys a truly unique location on the banks of the River Usk next to the historic Grade II listed George Street Bridge. Built in 1964, this iconic structure was the first cable-stayed bridge in the United Kingdom.

The apartments in Tramway House have superb views of the river and the city and are just a few minutes' walk from the bustling city centre with its bus and railway stations. They are also ideally located for beautiful riverside walks and cycle rides, picking up trails such as the Usk Valley Walk or the Newport Coast Path route, which follows the river all the way to the Bristol Channel.

Lovingly designed with modern living and energy efficiency in mind, these one- and two-bedroom apartments have private balconies or terraces and plenty of thoughtful touches including secure entryphone systems, energy efficient lighting and fully fitted kitchens. The stylish modern interiors include hard-wearing wood laminate floors in the kitchens, sleek fitted bathrooms with heated towel rails, and low maintenance wood/aluminium double-glazed windows.

Tramway House offers two unique ways of purchasing Shared ownership and the new Rent to Own option where the purchaser can rent for a period of up to five years and at the same time a portion of the rent when purchasing can be put towards the deposit.

How To Register
We are currently registering interest on this development for buyers interested in the shared ownership scheme. All applicants must have an active "Home Options Newport" account at the time of application. If you are not currently registered with Home Options Newport please get in touch or do so at the Home Options Newport website –

Home options Newport is a dedicated centralised portal for all affordable housing options in the Newport area and an active account is a requirement for all interested parties as part of the Welsh Government affordable housing funding in this area.



- Secure entry phone system
- Lifts to all floors
- Balconies with composite decking with stylish glazed panels to some apartments
- Off road parking space


- Fully fitted kitchen with coloured laminate worktops with upstands
- Integrated electric oven, hob and chimney hood

Windows & doors

- Stylish UPVC windows and doors smartly finished with brushed stainless-steel handles
- Low maintenance double glazed windows throughout


- Wood-effect flooring in living, kitchen, hallways and bedroom areas for durability and style
- Bathroom flooring

Electrical & security

- Energy efficient lighting to save money and the environment
- Mains smoke detection for total peace of mind
- Satellite TV point and cabling for internet
- Virgin media
- Electric central heating


- Modern, fitted bathroom suite
- Shower screens
- Thermostatic showers
- Stylish tiling around the bath area


- Sprinkler system fitted throughout all apartments

Shared Ownership
Shared ownership is our most flexible purchase option, where you can initially purchase a 50% share in the property and when circumstances allow you can buy the rest. We can offer a share of between 50-70% of a property and pay a rent on the part that you don't own.
The higher the share you purchase, the less rent you will have to pay. Over time you have the option to increase your share of the amount of the property you own if you can afford to do so. Shared ownership is one option for purchasing your own property and we're committed to helping people to achieve their aspiration to purchase their own home.

Eligibility Criteria
You will need to be either a first time buyer or consideration will be taken into account if the current home is unsuitable and does not meet your family's needs need due to relationship breakdown. Evidence of sale and equity from sale of jointly owned property will be required and decided on an individual case basis.

Your combined household income needs to be £60,000 or less each year.

A household can be one person, or you and a spouse/partner or you and a friend.

You must be in work (this includes being self-employed) and ineligible for housing benefit.

You must not currently own a home anywhere in the world, unless a court order forces you to remain on the deed of a property where your children reside (but you do not) and capital cannot be released.

Subject to above, the home you want to buy must be your principal or only home and you may not Sub-let all or part of it.

At the point of application you must be unable to afford to buy a similar property on the open market or through any other home ownership initiative.

A financial assessment is required at the time of application, if you are not a suitable candidate for Rent To Own or shared ownership, we may be able to provide alternative suitable options.

Applicants must be financially able to pay the rent/mortgage. Failure to do so can result in the option to buy to being revoked and put your tenancy at or home at risk.

Applicants must be either a British or EU/eea citizen, or have indefinite leave to remain.

Eligibility may vary depending on which development, where you want to buy a home and the property size.

Agents Note
The interior images, CGI's & 360 tours shown are a representation of the finished apartments for marketing purposes only and purely indicative of the development as a whole. Any room sizes stated or position of openings are approximate and any potential buyer should confirm this with the sales agent and developer before committing themselves.

Marketed by Social Media

Marketed with Newport City Homes

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Peter Alan nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Peter Alan - Newport, NP20 on +44 1633 449186 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Peter Alan - Newport, and do not constitute property particulars. Please contact Peter Alan - Newport for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation 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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