2 Bed Terraced House, Single Let, Newport, PO30 5HL, £169,950

Newport, Isle of Wight, PO30 5HL - 2 views - 2 months ago

BTL
ROI: 2%
~68 m²
+11 photos

ValuationFair Value

Sold Prices£120K - £239.9K
Sold Prices/m²£1.9K/m² - £3.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£169,381

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,488

Stamp Duty & Legal Fees

£6,525

Total Cash In

£49,013

 

 

Cash Out

 

Rent Range

£750 - £1,250

Rent Estimate

£847

Running Costs/mo

£720

Cashflow/mo

£127

Cashflow/yr

£1,518

ROI

3%

Gross Yield

6%

Local Sold Prices

49 sold prices from £120K to £239.9K, average is £176.5K. £1.9K/m² to £3.7K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£173.9K11/220 mi42, Hunnyhill, Newport, Isle Of Wight PO30 5HL2
£193K08/230.01 mi40, Hunnyhill, Newport, Isle Of Wight PO30 5HL2
£144K01/210.01 mi38, Hunnyhill, Newport, Isle Of Wight PO30 5HL2
£167.5K04/240.03 mi3, Heytesbury Road, Newport, Isle Of Wight PO30 5JG2
£200K02/230.04 mi12a, Heytesbury Road, Newport, Isle Of Wight PO30 5JG2
£180K11/210.05 mi19, Redver Gardens, Newport, Isle Of Wight PO30 5JJ2
£172K07/210.05 mi8, Redver Gardens, Newport, Isle Of Wight PO30 5JJ2
£160K03/240.05 mi15, Redver Gardens, Newport, Isle Of Wight PO30 5JJ2
£189K02/210.07 mi11c, Hunnyhill, Newport, Isle Of Wight PO30 5HJ2
£180K04/240.07 mi29, Hunnyhill, Newport, Isle Of Wight PO30 5HJ2
£137.5K12/200.11 mi10, Vicarage Walk, Newport, Isle Of Wight PO30 5JH2
£176.5K03/210.11 mi26, Albany Road, Newport, Isle Of Wight PO30 5JE2
£175K06/230.11 mi92, Hunnyhill, Newport, Isle Of Wight PO30 5HN2
£185K10/220.11 mi126, Hunnyhill, Newport, Isle Of Wight PO30 5HN2
£180K05/230.11 mi132, Hunnyhill, Newport, Isle Of Wight PO30 5HN2
£151K01/230.11 mi80, Hunnyhill, Newport, Isle Of Wight PO30 5HN2
£175K01/240.11 mi100, Hunnyhill, Newport, Isle Of Wight PO30 5HN2
£187K12/230.11 mi103, Hunnyhill, Newport, Isle Of Wight PO30 5HN2
£180K04/240.11 mi91, Hunnyhill, Newport, Isle Of Wight PO30 5HN2
£150K04/240.11 mi86, Hunnyhill, Newport, Isle Of Wight PO30 5HN2
£207K12/220.12 mi32, Worsley Road, Newport, Isle Of Wight PO30 5JD2
£180K09/230.15 mi76, Worsley Road, Newport, Isle Of Wight PO30 5JD2
£175K03/230.15 mi24, Worsley Road, Newport, Isle Of Wight PO30 5JD2
£185K02/240.15 mi66, Worsley Road, Newport, Isle Of Wight PO30 5JD2
£180K08/210.15 mi14, Worsley Road, Newport, Isle Of Wight PO30 5JD2
£190K06/230.15 mi38, Worsley Road, Newport, Isle Of Wight PO30 5JD2
£207.5K08/230.18 mi24, Sylvan Drive, Newport, Isle Of Wight PO30 5QR2
£136K11/220.18 mi9, Catherine Terrace, Newport, Isle Of Wight PO30 5HW2
£165K11/220.18 mi2, Catherine Terrace, Newport, Isle Of Wight PO30 5HW2
£168.5K08/210.19 mi144, Hunnyhill, Newport, Isle Of Wight PO30 5HS2
£182.5K10/230.19 mi154, Hunnyhill, Newport, Isle Of Wight PO30 5HS2
£185K04/210.28 mi76, Albany Road, Newport, Isle Of Wight PO30 5HZ2
£230K06/230.3 mi76, Lugley Street, Newport, Isle Of Wight PO30 5HA2
£150K02/240.31 mi15, Hearn Street, Newport, Isle Of Wight PO30 5EH2
£150K07/230.31 mi36, Hearn Street, Newport, Isle Of Wight PO30 5EH2
£239.9K12/220.32 mi47, Snowberry Road, Newport, Isle Of Wight PO30 5EZ2
£175K06/210.38 mi15, Drill Hall Road, Newport, Isle Of Wight PO30 5AB2
£177.5K04/210.38 mi10, Hillside, Newport, Isle Of Wight PO30 2EB2
£165K01/240.38 mi22, Hillside, Newport, Isle Of Wight PO30 2EB2
£192K11/200.38 mi16, Brickfield Close, Newport, Isle Of Wight PO30 5GF2
£222K07/240.4 mi48, Snowberry Road, Newport, Isle Of Wight PO30 5EZ2
£160K07/210.41 mi32b, Caesars Road, Newport, Isle Of Wight PO30 5EA2
£165K06/210.41 mi30, Caesars Road, Newport, Isle Of Wight PO30 5EA2
£193K07/230.41 mi60, Caesars Road, Newport, Isle Of Wight PO30 5EA2
£135K02/240.42 mi18, New Street, Newport, Isle Of Wight PO30 1PU2
£149K05/240.42 mi24, New Street, Newport, Isle Of Wight PO30 1PU2
£120K12/210.42 mi9, Clifford Street, Newport, Isle Of Wight PO30 5AD2
£156.5K04/210.42 mi18, Clifford Street, Newport, Isle Of Wight PO30 5AD2
£185K12/230.42 mi4, Clifford Street, Newport, Isle Of Wight PO30 5AD2

Local Rents

16 rents from £750/mo to £1.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95001/250.06 mi-2
£1,02501/250.19 mi-2
£95001/250.2 mi-2
£95003/250.2 mi-2
£95012/240.31 miHigh Street, Newport2
£1,20012/240.32 mi-2
£1,25001/250.32 mi-2
£95002/250.38 mi-2
£75006/240.42 miCross Street, Newport2
£82506/240.48 miNew Street Newport PO302
£85006/240.49 miUpper St. James Street, Newport2
£85006/240.5 mi-2
£97506/240.51 miNewport, Isle Of Wight2
£87506/240.55 miStaplers Road, Newport2
£1,02506/240.57 miAsh Road, Newport2
£1,20002/240.58 mi-2

Local Area Statistics

Population in PO30

29,065

Population in Newport

229,937

Town centre distance

122.10 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 £169,950

March 24, 2025

Listed for £177,500

February 17, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • Courtyard Garden +
  • Ideal First Purchase +
  • Close to the town centre +
  • Terraced House +

This delightful 2-bedroom mid-terraced house is located in a highly convenient position, just a short distance from the bustling town centre of Newport, Isle of Wight, and within easy reach of the local hospital. Perfectly suited for first-time buyers, this home offers a fantastic opportunity to get onto the property ladder in a sought-after location.

The property boasts a well-proportioned layout, featuring two spacious bedrooms, a modern shower room, and a cosy living area. The home benefits from natural light throughout, creating a welcoming and airy feel.

Externally, you will find a low-maintenance courtyard garden, ideal for relaxing or entertaining, offering a private outdoor space for enjoying the fresh air.

With excellent local amenities, schools, and transport links close by, this property provides both comfort and convenience, making it an excellent choice for those looking to settle in a thriving community.

Don't miss out on this fantastic opportunity – call us today to arrange a viewing!

Local Authority - Isle of Wight Council
Council Tax Band - B
Tenure - Freehold

Agent Details

Trigghomes, Newport

01983 525710

Next Steps?

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