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1 Laundry Lane, Newport, PO30 - Image 1
1 Laundry Lane, Newport, PO30 - Image 2
1 Laundry Lane, Newport, PO30 - Image 3
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1 Laundry Lane, Newport, PO30

South East

£90,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
494 sqft

Description

This 2-bedroom cottage in Newport presents an appealing opportunity for those looking to invest or make their mark on a property. The home features a traditional layout that, while currently in fair condition, offers significant potential for renovation. With a bit of vision and effort, it can be transformed into a warm and inviting residence that reflects personal style. The ground floor includes a comfortable sitting room with a fireplace, which connects to a dining area leading towards the kitchen. This space is functional but could greatly benefit from modern upgrades or reconfiguration to better suit contemporary living needs. At the rear, there is a separate toilet and shower room; these facilities are usable but would likely require some enhancements to maximize comfort and functionality. Upstairs, you'll find two bedrooms. The primary bedroom is generously sized and filled with natural light, while the second bedroom serves well as a smaller single space—perfect for children, guests, or as a home office. Outside, the cottage retains its quaint appeal with classic features and benefits from off-street parking at the rear. Situated centrally in Newport, this property is conveniently located within walking distance of the town center's array of shops, supermarkets, and eateries. Excellent transport links across the Isle of Wight are readily accessible through regular bus services. Furthermore, nearby schools, parks, and riverside walks enhance the area's allure for families and professionals alike. With its prime location and solid structure, this cottage holds great investment potential for buyers eager to create their ideal living space while benefiting from Newport’s vibrant community atmosphere.

Investment Analysis

(PO30 area)

Below Market Value

This property is priced -33.9% below area average per sq ft

-33.9%
Potential saving
This Property
£182/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.6%
Monthly Sales
30
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PO30)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 3.1%
5 year growth: 14.5%
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.

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Location

1 Laundry Lane, Newport, PO30
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