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Whitesmith Road, Newport, Isle of Wight

South East

£240,000
Listed on 29/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
441 sqft

Description

This semi-detached family home is an excellent renovation project, presenting a wealth of potential for imaginative buyers. Located conveniently within a community with numerous amenities and quality schools nearby, this property comprises three bedrooms, two of which are generously proportioned. The single bathroom and kitchen establish a functional foundation that can be reconfigured or upgraded to suit modern tastes. The home features two reception rooms: the first boasts a bay window that floods the area with natural light, while the second offers inviting views of the garden, providing an appealing aspect to daily living. Additional highlights include off-street parking and a charming garden space that can be transformed into an outdoor retreat. While currently requiring renovations, this house is not only about its existing layout but rather the opportunity it presents for creating a bespoke living environment tailored to personal needs. The property is in Council Tax Band C, making it an affordable entry into homeownership without the complication of onward chain. This semi-detached house stands as a promising investment waiting for the right vision to unlock its full potential.

Investment Analysis

(PO30 area)

Above Market Value

This property is priced +98.4% above area average per sq ft

+98.4%
This Property
£544/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£133,087
10% above area average per sq ft
Potential ROI
-55.6%
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

Whitesmith Road, Newport, Isle of Wight
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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
£879
Based on a loan of £180,000 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