Worst House on the Street Logo
Carisbrooke Road, Newport, Isle of Wight - Image 1
Carisbrooke Road, Newport, Isle of Wight - Image 2
Carisbrooke Road, Newport, Isle of Wight - Image 3
Carisbrooke Road, Newport, Isle of Wight - Image 4
Carisbrooke Road, Newport, Isle of Wight - Image 5
Carisbrooke Road, Newport, Isle of Wight - Image 6
Carisbrooke Road, Newport, Isle of Wight - Image 7
Carisbrooke Road, Newport, Isle of Wight - Image 8
Carisbrooke Road, Newport, Isle of Wight - Image 9
Carisbrooke Road, Newport, Isle of Wight - Image 10

Carisbrooke Road, Newport, Isle of Wight

South East

£135,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
830 sqft

Description

This two-bedroom mid-terraced home, located along the well-regarded Carisbrooke Road in Newport, presents an exciting opportunity for renovation and investment. With no onward chain, this property is ready for a new owner to bring their vision to life. The home requires modernisation throughout, making it an excellent choice for first-time buyers eager to make their mark or investors looking to enhance their portfolio. The ground floor comprises a front living room and a separate dining room, providing distinct areas for relaxation and meals. There is also a practical rear lobby and a bathroom conveniently situated on this level, alongside a kitchen that offers access to the enclosed rear garden—perfect for outdoor improvements. Upstairs, the property features two spacious bedrooms that can be adapted to suit various needs, whether for family use or as rental accommodation. The layout provides flexibility and ample potential for reconfiguration as desired. Located within close proximity to Newport town centre, the home benefits from easy access to local schools, shops, and transport links. This desirable location enhances its appeal for future tenants or homeowners who appreciate convenience and community amenities. Overall, this property stands as a blank canvas with significant potential for transformation. Early viewing is encouraged to truly grasp the possibilities this house has to offer. Additional notes include potential access to neighbouring garages based on separate arrangements. This home presents both an opportunity for personal investment and a chance to create added value over time.

Investment Analysis

(PO30 area)

Below Market Value

This property is priced -40.7% below area average per sq ft

-40.7%
Potential saving
This Property
£163/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
£250,482
10% above area average per sq ft
Potential ROI
+43.1%
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

Carisbrooke Road, Newport, Isle of Wight
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£495
Based on a loan of £101,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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