3 Bed Bungalow, Single Let, Newport, PO30 5JQ, £325,000

Grange Drive, Newport, Isle of Wight, PO30 5JQ - 24 days ago

BTL
~93 m²
+12 photos

ValuationOvervalued

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

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£216,575

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Total Cash In

£102,450

 

 

Cash Out

 

Rent Range

£900 - £1,700

Rent Estimate

£1,072

Running Costs/mo

£1,250

Cashflow/mo

£-178

Cashflow/yr

£-2,136

Gross Yield

4%

Local Sold Prices

50 sold prices from £98K to £385K, average is £203.5K. £662/m² to £3.3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£200K08/230.06 mi24, Hunnyhill, Newport, Isle Of Wight PO30 5HJ3
£184K04/210.06 mi20, Hunnyhill, Newport, Isle Of Wight PO30 5HJ3
£200K03/210.06 mi4a, Heytesbury Road, Newport, Isle Of Wight PO30 5JG3
£196.5K05/240.11 mi43, Hookes Way, Newport, Isle Of Wight PO30 5HG3
£190K02/210.12 mi27, Sylvan Drive, Newport, Isle Of Wight PO30 5QR3
£207K03/210.12 mi29, Sylvan Drive, Newport, Isle Of Wight PO30 5QR3
£185K07/210.14 mi4, Albany Road, Newport, Isle Of Wight PO30 5JE3
£185K07/230.16 mi89, Hunnyhill, Newport, Isle Of Wight PO30 5HN3
£181K06/240.17 mi36, Worsley Road, Newport, Isle Of Wight PO30 5JD3
£135K07/230.17 mi64, Worsley Road, Newport, Isle Of Wight PO30 5JD3
£115K04/230.17 mi68, Worsley Road, Newport, Isle Of Wight PO30 5JD3
£270K08/230.2 mi10 - 11, Crocker Street, Newport, Isle Of Wight PO30 5BX3
£385K12/220.21 mi3, Blackthorn Close, Newport, Isle Of Wight PO30 5FE3
£200K11/230.22 mi6, Maple Drive, Newport, Isle Of Wight PO30 5QP3
£190K04/230.22 mi8, Catherine Terrace, Newport, Isle Of Wight PO30 5HW3
£120K03/230.22 mi3, Sea Street, Newport, Isle Of Wight PO30 5BU3
£170K05/230.25 mi14, Hearn Street, Newport, Isle Of Wight PO30 5EH3
£270K01/230.25 mi37, Dairy Crest Drive, Newport, Isle Of Wight PO30 5GG3
£251K07/230.29 mi28, Sea Street, Newport, Isle Of Wight PO30 5BW3
£98K08/210.31 mi92, Albany Road, Newport, Isle Of Wight PO30 5HZ3
£245K04/210.31 mi71, Albany Road, Newport, Isle Of Wight PO30 5HZ3
£200K06/210.31 mi8, The Limes, Newport, Isle Of Wight PO30 5FT3
£260K08/210.31 mi122, Worsley Road, Newport, Isle Of Wight PO30 5JB3
£185K02/210.32 mi10, Drill Hall Road, Newport, Isle Of Wight PO30 5AB3
£210K06/210.32 mi14, Drill Hall Road, Newport, Isle Of Wight PO30 5AB3
£225K06/210.32 mi24, Aspen Close, Newport, Isle Of Wight PO30 5FJ3
£210K06/210.32 mi17, Aspen Close, Newport, Isle Of Wight PO30 5FJ3
£215K11/200.33 mi26, Brickfield Close, Newport, Isle Of Wight PO30 5GF3
£230K04/230.33 mi15, Carisbrooke Road, Newport, Isle Of Wight PO30 1BJ3
£270K03/230.33 mi12, Brickfield Close, Newport, Isle Of Wight PO30 5GF3
£265K04/230.35 mi50, Snowberry Road, Newport, Isle Of Wight PO30 5EZ3
£250K03/210.35 mi39, Snowberry Road, Newport, Isle Of Wight PO30 5EZ3
£170K02/240.35 mi82, Caesars Road, Newport, Isle Of Wight PO30 5EA3
£140K03/240.36 mi44, Clifford Street, Newport, Isle Of Wight PO30 5AD3
£176K12/230.36 mi22, Clifford Street, Newport, Isle Of Wight PO30 5AD3
£235K12/220.36 mi49, Westminster Lane, Newport, Isle Of Wight PO30 5ZF3
£277K12/230.37 mi1, Whitesmith Road, Newport, Isle Of Wight PO30 5HY3
£275K09/230.37 mi31, Whitesmith Road, Newport, Isle Of Wight PO30 5HY3
£149K03/210.37 mi57, Caesars Road, Newport, Isle Of Wight PO30 5EB3
£185K03/210.37 mi52, Westminster Lane, Newport, Isle Of Wight PO30 5ZG3
£260K06/230.37 mi8, Bowdens Mead Close, Newport, Isle Of Wight PO30 5GZ3
£182K04/230.39 mi17, Chapel Street, Newport, Isle Of Wight PO30 1PY3
£230K07/230.39 mi3, Hillside, Newport, Isle Of Wight PO30 2EB3
£225K03/210.4 mi7, Hazel Close, Newport, Isle Of Wight PO30 5FG3
£210K11/200.41 mi21a, Cavendish Place, Newport, Isle Of Wight PO30 5AE3
£138K01/210.42 mi54, New Street, Newport, Isle Of Wight PO30 1PX3
£158K10/200.45 mi3, Portland Street, Newport, Isle Of Wight PO30 1QQ3
£315K02/240.47 mi4, Kitbridge Road, Newport, Isle Of Wight PO30 5RF3
£300K12/220.47 mi1, Alderbury Road, Newport, Isle Of Wight PO30 5DR3
£340K05/230.47 mi11, Trevor Road, Newport, Isle Of Wight PO30 5DZ3

Local Rents

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

RentDateDistanceAddressBeds 
£1,35006/240.24 mi-3
£90006/240.32 miPyle Street Newport PO303
£1,20012/240.54 miDrake Road, Newport3
£1,57506/240.54 miSylvan Drive, Newport3
£1,27503/250.59 mi-3
£1,05006/240.7 miFurrlongs Newport PO303
£1,15006/240.74 miElm Grove, Newport3
£1,17512/240.75 miFairmount Drive, Newport3
£1,70006/240.86 miWatergate Road, Newport3
£1,30007/240.97 mi-3
£1,30007/240.97 mi-3
£1,30006/240.97 miGodric Road, Newport, PO303
£1,15006/241.01 miLinnet Close, Newport3
£1,07506/241.02 miGodric Road, Newport3
£1,22506/241.02 miWintergreen Gardens, Newport3
£1,45006/241.04 miGoldcrest Close, Newport3
£1,45006/241.2 miClatterford Road, Newport3

Local Area Statistics

Population in PO30

29,065

Population in Newport

229,937

Town centre distance

122.09 miles away

Nearest school

0.30 miles away

Nearest train station

6.31 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £325,000

March 10, 2025

Floor Plans

Description

  • Detached Bungalow +
  • Three Bedrooms +
  • Conservatory +
  • Double Garage +
  • Driveway Parking +
  • Walking Distance to Local Amenities +
  • Good Size Rear Garden +
  • Extensive Views +

Nestled in a peaceful and sought-after location, this is an immaculately presented 3-bedroom elevated bungalow offering an exceptional combination of comfort, space, and breathtaking views. Perfectly positioned to enjoy stunning panoramic vistas that stretch over the town of Newport and the historic Carisbrooke Castle, this property is ideal for those seeking a tranquil home with picturesque surroundings.

Internally, the property boasts a spacious layout, with a large and bright living room that takes full advantage of the spectacular views, creating the perfect space for relaxation and entertaining. The well-equipped kitchen provides ample storage and work surfaces, making it a joy to cook and dine in.

The bungalow offers three generous bedrooms, each designed with comfort in mind. The master bedroom enjoys the added benefit of a large window framing the delightful views, creating a serene retreat. The other two bedrooms are also well-sized, ideal for family or guests, and offer versatility to suit your needs.

A standout feature of the property is the double garage, offering ample space for parking and additional storage. Whether you are a car enthusiast or simply need extra space, this garage is a fantastic addition.

Outside, the elevated position ensures you can enjoy the views from the front garden or terrace, where you can relax in the sunshine and appreciate the serene surroundings. The rear garden offers further outdoor space, perfect for gardening or entertaining.

Situated just a short distance from Newport town centre, you will benefit from easy access to local amenities, schools, and transport links. Carisbrooke Castle, a local landmark, is nearby, offering a slice of history and beautiful walking opportunities.

With its stunning location, spacious accommodation, and captivating views, this is truly a special place to call home. Early viewing is highly recommended to fully appreciate all this property has to offer.

Agent Details

Hose Rhodes Dickson, Newport

01983 212486

Next Steps?

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