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Newport, Isle of Wight

South East

£125,000
Listed on 29/01/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom period home, located in the bustling Newport town centre on the Isle of Wight, presents a compelling renovation opportunity for those looking to invest in a property with significant potential. Just steps away from local shops and amenities, this home features a welcoming living room, a separate kitchen, and a family bathroom on the ground floor. A notable highlight is the spacious garden at the rear, which offers ample space for future landscaping and outdoor entertaining. The first floor hosts two generously sized double bedrooms, while an adaptable loft room on the second floor provides further versatility, suitable for use as a home office or additional storage. Although the property requires modernisation throughout, it serves as an excellent blank slate for buyers eager to personalize their living space. Ideal for buy-to-let investors or those seeking a project in a convenient location with access to schools and transport links, this property holds great promise for transformation into a desirable residence.

Investment Analysis

(PO30 area)
Area Average
£277/sq ft
Avg Rent (weekly)
£243
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
20%
Properties sold annually

Local Market Trend (PO30)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -0.2%
5 year growth: +8.5%
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.

Location

Newport, Isle of Wight
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£451
Based on a loan of £93,750 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.

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