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Hunny Hill, Brighstone, Newport

South East

£197,000
Listed on 11/03/2025

Property Details

Bedrooms
2
Type
Flat
Area
957 sqft

Description

This two-bedroom maisonette offers a promising opportunity for those looking to invest in a property with renovation potential, ideally located near the charming village of Brighstone. The surrounding area is rich in local amenities and picturesque walking routes, making it an appealing spot for both personal enjoyment and value enhancement. The interior presents a functional layout that includes a reception room, kitchen, conservatory, two bedrooms, and a bathroom. While the space currently requires modernisation, this opens the door for creative homeowners or investors to shape it according to their vision. The reception room serves as a central gathering space—its design can be transformed into an inviting environment perfect for relaxation or entertaining guests. The kitchen provides a practical foundation that can be reimagined into a culinary space tailored to individual tastes. Both bedrooms are generously sized, offering flexibility for use as sleeping quarters or additional functional spaces such as home offices or hobby rooms. The bathroom also presents an opportunity for redesign, creating a personal retreat where one can unwind after a busy day. One of the standout features of this property is its private garden, providing an outdoor haven that enhances the living experience and adds value to the home. Additionally, off-road parking adds convenience—a valuable asset in this area. With no onward chain complicating the sales process and being classified under Council Tax Band B, this property stands out as an attractive prospect. For prospective buyers interested in not just purchasing but also enhancing their living space, this maisonette represents an exceptional chance to craft a dream home in a serene setting enriched by nature and community resources. Viewing is highly encouraged to fully appreciate the potential this property holds.

Investment Analysis

(PO30 area)

Below Market Value

This property is priced -25.0% below area average per sq ft

-25.0%
Potential saving
This Property
£206/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£288,808
10% above area average per sq ft
Potential ROI
+21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PO30)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 1.5%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on PO30 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hunny Hill, Brighstone, Newport
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£722
Based on a loan of £147,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE