3 Bed Terraced House, Single Let, Newport, PO30 5ED, £175,000

13 Caesars Road, Newport, PO30 5ED - 6 months ago

BTL
ROI: 7%
87 m²
+7 photos

ValuationUndervalued

Sold Prices£120K - £385K
Sold Prices/m²£1K/m² - £3.2K/m²

 

 

Square Metres

87 m²
Price/m²£2K/m²

Value Estimate

£204,888
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£900 - £1,700

Rent Estimate

£1,069

Running Costs/mo

£781

Cashflow/mo

£288

Cashflow/yr

£3,460

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £120K to £385K, average is £210K. £1K/m² to £3.2K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£170K05/230.03 mi14, Hearn Street, Newport, Isle Of Wight PO30 5EH3
£185K02/210.04 mi10, Drill Hall Road, Newport, Isle Of Wight PO30 5AB3
£210K06/210.04 mi14, Drill Hall Road, Newport, Isle Of Wight PO30 5AB3
£270K01/230.08 mi37, Dairy Crest Drive, Newport, Isle Of Wight PO30 5GG3
£140K03/240.09 mi44, Clifford Street, Newport, Isle Of Wight PO30 5AD3
£176K12/230.09 mi22, Clifford Street, Newport, Isle Of Wight PO30 5AD3
£230K04/230.09 mi15, Carisbrooke Road, Newport, Isle Of Wight PO30 1BJ3
£170K02/240.09 mi82, Caesars Road, Newport, Isle Of Wight PO30 5EA3
£149K03/210.1 mi57, Caesars Road, Newport, Isle Of Wight PO30 5EB3
£235K12/220.12 mi49, Westminster Lane, Newport, Isle Of Wight PO30 5ZF3
£185K03/210.13 mi52, Westminster Lane, Newport, Isle Of Wight PO30 5ZG3
£210K11/200.14 mi21a, Cavendish Place, Newport, Isle Of Wight PO30 5AE3
£260K06/230.15 mi8, Bowdens Mead Close, Newport, Isle Of Wight PO30 5GZ3
£182K04/230.18 mi17, Chapel Street, Newport, Isle Of Wight PO30 1PY3
£138K01/210.19 mi54, New Street, Newport, Isle Of Wight PO30 1PX3
£265K04/230.2 mi50, Snowberry Road, Newport, Isle Of Wight PO30 5EZ3
£250K03/210.2 mi39, Snowberry Road, Newport, Isle Of Wight PO30 5EZ3
£190K02/210.2 mi27, Sylvan Drive, Newport, Isle Of Wight PO30 5QR3
£207K03/210.2 mi29, Sylvan Drive, Newport, Isle Of Wight PO30 5QR3
£340K05/230.2 mi11, Trevor Road, Newport, Isle Of Wight PO30 5DZ3
£215K11/200.21 mi26, Brickfield Close, Newport, Isle Of Wight PO30 5GF3
£270K03/230.22 mi12, Brickfield Close, Newport, Isle Of Wight PO30 5GF3
£200K06/210.23 mi8, The Limes, Newport, Isle Of Wight PO30 5FT3
£200K11/230.24 mi6, Maple Drive, Newport, Isle Of Wight PO30 5QP3
£300K12/220.24 mi1, Alderbury Road, Newport, Isle Of Wight PO30 5DR3
£160.5K12/200.25 mi18, Trafalgar Road, Newport, Isle Of Wight PO30 1QE3
£225K03/210.26 mi7, Hazel Close, Newport, Isle Of Wight PO30 5FG3
£270K10/210.27 mi10, Sunningdale Road, Newport, Isle Of Wight PO30 5DS3
£234K06/230.27 mi11, Terrace Road, Newport, Isle Of Wight PO30 1EE3
£385K12/220.27 mi3, Blackthorn Close, Newport, Isle Of Wight PO30 5FE3
£270K08/230.28 mi10 - 11, Crocker Street, Newport, Isle Of Wight PO30 5BX3
£295K03/210.29 mi31, Wilver Road, Newport, Isle Of Wight PO30 5DT3
£345K12/210.29 mi27, Wilver Road, Newport, Isle Of Wight PO30 5DT3
£225K06/210.3 mi24, Aspen Close, Newport, Isle Of Wight PO30 5FJ3
£210K06/210.3 mi17, Aspen Close, Newport, Isle Of Wight PO30 5FJ3
£200K08/230.3 mi24, Hunnyhill, Newport, Isle Of Wight PO30 5HJ3
£184K04/210.3 mi20, Hunnyhill, Newport, Isle Of Wight PO30 5HJ3
£315K02/240.31 mi4, Kitbridge Road, Newport, Isle Of Wight PO30 5RF3
£120K03/230.32 mi3, Sea Street, Newport, Isle Of Wight PO30 5BU3
£360K11/200.32 mi10, Recreation Ground Road, Newport, Isle Of Wight PO30 5AH3
£200K03/210.33 mi4a, Heytesbury Road, Newport, Isle Of Wight PO30 5JG3
£193K12/200.33 mi26, Albert Street, Newport, Isle Of Wight PO30 1EF3
£229K12/200.34 mi4, Spindleberry Close, Newport, Isle Of Wight PO30 5FN3
£245K05/210.34 mi6, St Johns Road, Newport, Isle Of Wight PO30 1LN3
£126K06/210.34 mi15, St Johns Road, Newport, Isle Of Wight PO30 1LN3
£245K05/210.34 mi6, St Johns Road, Newport, Isle Of Wight PO30 1LN3
£240K07/240.35 mi33, Castle Road, Newport, Isle Of Wight PO30 1DT3
£205K03/210.35 mi53, Castle Road, Newport, Isle Of Wight PO30 1DT3
£195K02/210.35 mi14, Castle Road, Newport, Isle Of Wight PO30 1DT3
£196.5K05/240.35 mi43, Hookes Way, Newport, Isle Of Wight PO30 5HG3

Local Rents

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

RentDateDistanceAddressBeds 
£90006/240.18 miPyle Street Newport PO303
£1,35006/240.31 mi-3
£1,20012/240.32 miDrake Road, Newport3
£1,27503/250.38 mi-3
£1,57506/240.43 miSylvan Drive, Newport3
£1,15006/240.48 miElm Grove, Newport3
£1,70006/240.62 miWatergate Road, Newport3
£1,05006/240.65 miFurrlongs Newport PO303
£1,15006/240.83 miLinnet Close, Newport3
£1,45006/240.86 miGoldcrest Close, Newport3
£1,17512/240.87 miFairmount Drive, Newport3
£1,45006/240.96 miClatterford Road, Newport3
£1,22506/240.97 miWintergreen Gardens, Newport3
£1,30007/241.02 mi-3
£1,30007/241.02 mi-3
£1,30006/241.02 miGodric Road, Newport, PO303
£1,07506/241.02 miGodric Road, Newport3

Local Area Statistics

Population in PO30

29,065

Population in Newport

229,937

Town centre distance

122.08 miles away

Nearest school

0.20 miles away

Nearest train station

6.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £175,000

October 14, 2024

Sold for £101,000

2003

Sold for £38,000

1997

Floor Plans

Description

  • LOCATED JUST OFF THE HIGH STREET +
  • 2/3 BEDROOMS +
  • REQUIRING SOME MODERNISING +
  • TWO RECEPTION ROOMS +
  • CONSERVATORY/UTILITY AREA +
  • REAR GARDEN +
  • NO ONWARD CHAIN +

Situated just off the town centre and close to all local amenities is this 2/3 Bedroom Terrace House. Requiring some modernising the property offers the new owner the chance to create the perfect home for their needs and taste. Accommodation includes two Reception Rooms, along with 2/3 Bedrooms (the third could be used in its current form or perhaps be converted to an en suite) on the first floor. A useful Conservatory/Utility area off the Kitchen provides access to the rear garden which in turn benefits from a rear pedestrian access.
The property is available with no onward chain allowing the purchaser to complete quickly. Hurry to avoid missing out!

Front Entrance Door with stairs off. Radiator.

Lounge - 3.35m x 3.15m (11' x 10'4") - Radiator. Front aspect.

Dining Room - 4.37m x 3.15m (14'4" x 10'4") - Radiator. Rear aspect. Door to:

Kitchen - 2.26m x 2.87m (7'5" x 9'5") - Range of wall and base units. Single drainer sink unit. Gas point. Access to:

Utility - 2.54m x 1.32m (8'4" x 4'4") - A useful area with access to garden.

Shower - Shower cubicle, WC and hand basin. Radiator.

Utility/Conservatory - 3.18m x 1.60m (10'5" x 5'3") - Access to garden.

First Floor

Bedroom One - 4.39m x 3.20m (14'5" x 10'6") - Front aspect. Radiator. Fireplace. Cupboard.

Bedroom Two - 4.39m x 3.18m (14'5" x 10'5") - Rear aspect. Radiator. Fireplace. Cupboard.

Bedroom Three - 2.26m x 2.77m (7'5" x 9'1") - Rear aspect. Radiator. Boiler.

Outside - Rear garden laid to lawn. Patio. Rear pedestrian access.

Tenure - This property is Freehold. Council tax band B.

Agent Details

Marvins, Cowes

01983 214770

Next Steps?

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