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Pyle Street, Newport, Isle of Wight

South East

£160,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
906 sqft

Description

This three-bedroom mid-terrace home in Newport presents a promising opportunity for those looking to invest in a property with potential for modernization. Available with no onward chain, this residence has been held by the same family since 1966 and is now ready for a new owner to infuse it with contemporary style and personal touches. Upon entering, you are greeted by a spacious entrance hall leading to a bright living room that benefits from dual front-facing windows, ensuring ample natural light. Adjacent to the living area is a separate dining room, perfect for hosting gatherings or enjoying family meals. The kitchen is conveniently located at the rear of the property and opens directly into a manageable courtyard-style garden, facilitating outdoor access and enjoyment. The first floor features three bedrooms along with a shower room, making it adaptable for various needs—whether accommodating family members, guests, or creating an office space for remote work. Externally, the enclosed courtyard offers low-maintenance outdoor options ideal for relaxation or casual dining. Overall, this property not only benefits from its desirable location near local amenities and transport links but also provides exciting possibilities to enhance its value through renovations.

Investment Analysis

(PO30 area)

Below Market Value

This property is priced -35.6% below area average per sq ft

-35.6%
Potential saving
This Property
£177/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£273,118
10% above area average per sq ft
Potential ROI
+36.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PO30)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -3.9%
5 year growth: +1.0%
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

Pyle Street, Newport, Isle of Wight
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£571
Based on a loan of £120,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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