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

2 Clifford Street, Newport, PO30 5AD - 3 views - 2 months ago

Leasehold
BTL
ROI: 7%
59 m²

ValuationOvervalued

Sold Prices£126K - £385K
Sold Prices/m²£1.6K/m² - £3.5K/m²

 

 

Square Metres

59 m²
Price/m²£3K/m²

Value Estimate

£149,021

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

£1,072

Running Costs/mo

£781

Cashflow/mo

£291

Cashflow/yr

£3,489

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £126K to £385K, average is £227K. £1.6K/m² to £3.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£140K03/240 mi44, Clifford Street, Newport, Isle Of Wight PO30 5AD3
£176K12/230 mi22, Clifford Street, Newport, Isle Of Wight PO30 5AD3
£149K03/210.04 mi57, Caesars Road, Newport, Isle Of Wight PO30 5EB3
£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
£170K02/240.05 mi82, Caesars Road, Newport, Isle Of Wight PO30 5EA3
£210K11/200.05 mi21a, Cavendish Place, Newport, Isle Of Wight PO30 5AE3
£235K12/220.07 mi49, Westminster Lane, Newport, Isle Of Wight PO30 5ZF3
£185K03/210.09 mi52, Westminster Lane, Newport, Isle Of Wight PO30 5ZG3
£230K04/230.1 mi15, Carisbrooke Road, Newport, Isle Of Wight PO30 1BJ3
£260K06/230.11 mi8, Bowdens Mead Close, Newport, Isle Of Wight PO30 5GZ3
£170K05/230.11 mi14, Hearn Street, Newport, Isle Of Wight PO30 5EH3
£340K05/230.12 mi11, Trevor Road, Newport, Isle Of Wight PO30 5DZ3
£270K01/230.13 mi37, Dairy Crest Drive, Newport, Isle Of Wight PO30 5GG3
£138K01/210.17 mi54, New Street, Newport, Isle Of Wight PO30 1PX3
£182K04/230.17 mi17, Chapel Street, Newport, Isle Of Wight PO30 1PY3
£300K12/220.18 mi1, Alderbury Road, Newport, Isle Of Wight PO30 5DR3
£265K04/230.2 mi50, Snowberry Road, Newport, Isle Of Wight PO30 5EZ3
£250K03/210.2 mi39, Snowberry Road, Newport, Isle Of Wight PO30 5EZ3
£270K10/210.2 mi10, Sunningdale Road, Newport, Isle Of Wight PO30 5DS3
£295K03/210.21 mi31, Wilver Road, Newport, Isle Of Wight PO30 5DT3
£345K12/210.21 mi27, Wilver Road, Newport, Isle Of Wight PO30 5DT3
£160.5K12/200.22 mi18, Trafalgar Road, Newport, Isle Of Wight PO30 1QE3
£215K11/200.22 mi26, Brickfield Close, Newport, Isle Of Wight PO30 5GF3
£270K03/230.23 mi12, Brickfield Close, Newport, Isle Of Wight PO30 5GF3
£360K11/200.24 mi10, Recreation Ground Road, Newport, Isle Of Wight PO30 5AH3
£234K06/230.24 mi11, Terrace Road, Newport, Isle Of Wight PO30 1EE3
£225K03/210.25 mi7, Hazel Close, Newport, Isle Of Wight PO30 5FG3
£200K06/210.25 mi8, The Limes, Newport, Isle Of Wight PO30 5FT3
£240K07/240.27 mi33, Castle Road, Newport, Isle Of Wight PO30 1DT3
£205K03/210.27 mi53, Castle Road, Newport, Isle Of Wight PO30 1DT3
£195K02/210.27 mi14, Castle Road, Newport, Isle Of Wight PO30 1DT3
£190K02/210.27 mi27, Sylvan Drive, Newport, Isle Of Wight PO30 5QR3
£207K03/210.27 mi29, Sylvan Drive, Newport, Isle Of Wight PO30 5QR3
£315K02/240.28 mi4, Kitbridge Road, Newport, Isle Of Wight PO30 5RF3
£200K11/230.29 mi6, Maple Drive, Newport, Isle Of Wight PO30 5QP3
£193K12/200.29 mi26, Albert Street, Newport, Isle Of Wight PO30 1EF3
£258K12/200.3 mi64, Hinton Road, Newport, Isle Of Wight PO30 5RA3
£245K05/210.31 mi6, St Johns Road, Newport, Isle Of Wight PO30 1LN3
£126K06/210.31 mi15, St Johns Road, Newport, Isle Of Wight PO30 1LN3
£245K05/210.31 mi6, St Johns Road, Newport, Isle Of Wight PO30 1LN3
£229K12/200.31 mi4, Spindleberry Close, Newport, Isle Of Wight PO30 5FN3
£250K10/230.32 mi28, Nelson Road, Newport, Isle Of Wight PO30 1RE3
£170K03/240.32 mi23, Nelson Road, Newport, Isle Of Wight PO30 1RE3
£225K06/210.33 mi24, Aspen Close, Newport, Isle Of Wight PO30 5FJ3
£210K06/210.33 mi17, Aspen Close, Newport, Isle Of Wight PO30 5FJ3
£385K12/220.33 mi3, Blackthorn Close, Newport, Isle Of Wight PO30 5FE3
£315K04/230.36 mi61, Sylvan Drive, Newport, Isle Of Wight PO30 5EQ3
£270K08/230.36 mi10 - 11, Crocker Street, Newport, Isle Of Wight PO30 5BX3
£230K12/200.36 mi11, Acacia Close, Newport, Isle Of Wight PO30 5FQ3

Local Rents

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

RentDateDistanceAddressBeds 
£90006/240.21 miPyle Street Newport PO303
£1,20012/240.28 miDrake Road, Newport3
£1,27503/250.34 mi-3
£1,35006/240.38 mi-3
£1,57506/240.41 miSylvan Drive, Newport3
£1,15006/240.41 miElm Grove, Newport3
£1,70006/240.57 miWatergate Road, Newport3
£1,05006/240.68 miFurrlongs Newport PO303
£1,15006/240.78 miLinnet Close, Newport3
£1,45006/240.79 miGoldcrest Close, Newport3
£1,45006/240.89 miClatterford Road, Newport3
£1,17512/240.93 miFairmount Drive, Newport3
£1,22506/240.98 miWintergreen Gardens, Newport3
£1,07506/241.05 miGodric Road, Newport3
£1,30007/241.06 mi-3
£1,30007/241.06 mi-3
£1,30006/241.06 miGodric Road, Newport, PO303

Local Area Statistics

Population in PO30

29,065

Population in Newport

229,937

Town centre distance

122.06 miles away

Nearest school

0.20 miles away

Nearest train station

6.46 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

February 26, 2025

Floor Plans

Description

  • CHAIN FREE +
  • 3 BEDROOMS +
  • TENANTS-IN-SITU +
  • INVESTORS ONLY +
  • GAS CENTRAL HEATING +
  • DOUBLE GLAZING +

OFFERED WITH TENANTS-IN-SITU! This property is located within walking distance to Newport town centre, popular schools and bus routes. It consists of a living room, dining room, kitchen, downstairs bathroom and three bedrooms, the third being a walk through the second. It also benefits from an enclosed rear garden, double glazing and gas central heating.

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 💪