Worst House on the Street Logo
St. James Street, Newport, Isle of Wight - Image 1
St. James Street, Newport, Isle of Wight - Image 2
St. James Street, Newport, Isle of Wight - Image 3
St. James Street, Newport, Isle of Wight - Image 4
St. James Street, Newport, Isle of Wight - Image 5
St. James Street, Newport, Isle of Wight - Image 6
St. James Street, Newport, Isle of Wight - Image 7

St. James Street, Newport, Isle of Wight

South East

£85,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Flat
Area
628 sqft

Description

Located in a sought-after area of Newport, this two-bedroom second-floor apartment is an excellent canvas for those with renovation ambitions. The apartment boasts a well-laid-out space that includes a light-filled living room, a separate kitchen, two spacious bedrooms, and a bathroom. Although it currently requires modernization, the property has significant potential for transformation into a stylish residence or rental investment. As it is offered chain-free, you can also enjoy the convenience of swift possession. Its proximity to local shops, cafes, and transport links further enhances its appeal for first-time buyers or investors looking to capitalize on a promising project.

Investment Analysis

(PO30 area)

Below Market Value

This property is priced -50.5% below area average per sq ft

-50.5%
Potential saving
This Property
£135/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£266
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£188,968
10% above area average per sq ft
Potential ROI
+51.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (PO30)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -0.9%
5 year growth: +6.3%
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

St. James Street, Newport, Isle of Wight
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£307
Based on a loan of £63,750 over 30 years at 4.06% 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.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates