3 Bed Detached House, Single Let, Newport, PO30 5HL, £70,000

Hunnyhill, Newport, PO30 5HL - 24 views - a year ago

Under Offer
BTL
ROI: 30%
~93 m²

ValuationUndervalued

Sold Prices£98K - £385K
Sold Prices/m²£662/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£753/m²

Value Estimate

£97,600
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,600

Total Cash In

£21,100

 

 

Cash Out

 

Rent Range

£900 - £1,700

Rent Estimate

£1,066

Running Costs/mo

£452

Cashflow/mo

£614

Cashflow/yr

£7,369

ROI

35%

Gross Yield

18%

Local Sold Prices

49 sold prices from £98K to £385K, average is £200K. £662/m² to £3.3K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£200K03/210.03 mi4a, Heytesbury Road, Newport, Isle Of Wight PO30 5JG3
£200K08/230.08 mi24, Hunnyhill, Newport, Isle Of Wight PO30 5HJ3
£184K04/210.08 mi20, Hunnyhill, Newport, Isle Of Wight PO30 5HJ3
£185K07/210.09 mi4, Albany Road, Newport, Isle Of Wight PO30 5JE3
£196.5K05/240.1 mi43, Hookes Way, Newport, Isle Of Wight PO30 5HG3
£185K07/230.1 mi89, Hunnyhill, Newport, Isle Of Wight PO30 5HN3
£181K06/240.14 mi36, Worsley Road, Newport, Isle Of Wight PO30 5JD3
£135K07/230.14 mi64, Worsley Road, Newport, Isle Of Wight PO30 5JD3
£115K04/230.14 mi68, Worsley Road, Newport, Isle Of Wight PO30 5JD3
£190K04/230.16 mi8, Catherine Terrace, Newport, Isle Of Wight PO30 5HW3
£190K02/210.18 mi27, Sylvan Drive, Newport, Isle Of Wight PO30 5QR3
£207K03/210.18 mi29, Sylvan Drive, Newport, Isle Of Wight PO30 5QR3
£385K12/220.24 mi3, Blackthorn Close, Newport, Isle Of Wight PO30 5FE3
£270K08/230.24 mi10 - 11, Crocker Street, Newport, Isle Of Wight PO30 5BX3
£120K03/230.25 mi3, Sea Street, Newport, Isle Of Wight PO30 5BU3
£200K11/230.26 mi6, Maple Drive, Newport, Isle Of Wight PO30 5QP3
£98K08/210.26 mi92, Albany Road, Newport, Isle Of Wight PO30 5HZ3
£245K04/210.26 mi71, Albany Road, Newport, Isle Of Wight PO30 5HZ3
£260K08/210.27 mi122, Worsley Road, Newport, Isle Of Wight PO30 5JB3
£251K07/230.31 mi28, Sea Street, Newport, Isle Of Wight PO30 5BW3
£277K12/230.31 mi1, Whitesmith Road, Newport, Isle Of Wight PO30 5HY3
£275K09/230.31 mi31, Whitesmith Road, Newport, Isle Of Wight PO30 5HY3
£270K01/230.32 mi37, Dairy Crest Drive, Newport, Isle Of Wight PO30 5GG3
£170K05/230.32 mi14, Hearn Street, Newport, Isle Of Wight PO30 5EH3
£225K06/210.35 mi24, Aspen Close, Newport, Isle Of Wight PO30 5FJ3
£210K06/210.35 mi17, Aspen Close, Newport, Isle Of Wight PO30 5FJ3
£200K06/210.36 mi8, The Limes, Newport, Isle Of Wight PO30 5FT3
£215K11/200.38 mi26, Brickfield Close, Newport, Isle Of Wight PO30 5GF3
£270K03/230.39 mi12, Brickfield Close, Newport, Isle Of Wight PO30 5GF3
£185K02/210.39 mi10, Drill Hall Road, Newport, Isle Of Wight PO30 5AB3
£210K06/210.39 mi14, Drill Hall Road, Newport, Isle Of Wight PO30 5AB3
£230K07/230.39 mi3, Hillside, Newport, Isle Of Wight PO30 2EB3
£230K04/230.4 mi15, Carisbrooke Road, Newport, Isle Of Wight PO30 1BJ3
£265K04/230.4 mi50, Snowberry Road, Newport, Isle Of Wight PO30 5EZ3
£250K03/210.4 mi39, Snowberry Road, Newport, Isle Of Wight PO30 5EZ3
£170K02/240.42 mi82, Caesars Road, Newport, Isle Of Wight PO30 5EA3
£140K03/240.43 mi44, Clifford Street, Newport, Isle Of Wight PO30 5AD3
£176K12/230.43 mi22, Clifford Street, Newport, Isle Of Wight PO30 5AD3
£235K12/220.43 mi49, Westminster Lane, Newport, Isle Of Wight PO30 5ZF3
£185K03/210.44 mi52, Westminster Lane, Newport, Isle Of Wight PO30 5ZG3
£185K01/210.44 mi7, Cameron Close, Newport, Isle Of Wight PO30 5RZ3
£149K03/210.44 mi57, Caesars Road, Newport, Isle Of Wight PO30 5EB3
£260K06/230.44 mi8, Bowdens Mead Close, Newport, Isle Of Wight PO30 5GZ3
£225K03/210.46 mi7, Hazel Close, Newport, Isle Of Wight PO30 5FG3
£182K04/230.46 mi17, Chapel Street, Newport, Isle Of Wight PO30 1PY3
£215K10/210.46 mi19, Northumberland Road, Newport, Isle Of Wight PO30 5SA3
£210K11/200.48 mi21a, Cavendish Place, Newport, Isle Of Wight PO30 5AE3
£350K12/230.5 mi5, Coppins Close, Newport, Isle Of Wight PO30 2DA3
£138K01/210.5 mi54, New Street, Newport, Isle Of Wight PO30 1PX3

Local Rents

16 rents from £900/mo to £1.7K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,35006/240.28 mi-3
£90006/240.39 miPyle Street Newport PO303
£1,57506/240.59 miSylvan Drive, Newport3
£1,20012/240.61 miDrake Road, Newport3
£1,27503/250.66 mi-3
£1,05006/240.73 miFurrlongs Newport PO303
£1,17512/240.74 miFairmount Drive, Newport3
£1,15006/240.81 miElm Grove, Newport3
£1,70006/240.93 miWatergate Road, Newport3
£1,30007/240.98 mi-3
£1,30007/240.98 mi-3
£1,30006/240.98 miGodric Road, Newport, PO303
£1,07506/241.04 miGodric Road, Newport3
£1,22506/241.05 miWintergreen Gardens, Newport3
£1,15006/241.06 miLinnet Close, Newport3
£1,45006/241.1 miGoldcrest Close, Newport3

Local Area Statistics

Population in PO30

29,065

Population in Newport

229,937

Town centre distance

122.09 miles away

Nearest school

0.20 miles away

Nearest train station

6.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £70,000

December 4, 2024

Listed for £80,000

December 28, 2023

Floor Plans

Description

  • TWO SELF-BUILD PLOTS +
  • DETACHED HOME +
  • 3 BEDROOMS +
  • OFF ROAD PARKING +
  • CLOSE TO TOWN CENTRE +
  • PLANNING APPROVED +

An exciting opportunity to purchase one of two self-build plots for a detached 3 bedroom home with parking! Ideally located within easy reach of Newport town centre, St Mary's hospital and all local amenities.
If you need introductions to builders that can be arranged also.

Agent Details

Red Squirrel Property Shop, Newport

01983 521212

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪