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Newport, Isle of Wight

South East

£295,000
Listed on 05/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This three-bedroom detached bungalow presents a promising opportunity for those looking to invest in a property with considerable renovation potential in the sought-after area of Newport. The residence features a spacious layout, accentuated by well-sized rooms that offer an inviting atmosphere throughout. The rear garden enjoys ample sunlight and includes useful outdoor structures such as an outbuilding, shed, and greenhouse, expanding your options for use or storage. At the front, you will find off-road parking alongside a garage, ensuring convenient vehicle access and additional storage space. Inside, while the home has been well-maintained over the years, it stands ready for modern updates to elevate its charm and functionality. The property includes a generous kitchen/breakfast room ideal for dining, alongside a separate WC and family bathroom. Among the three sizable bedrooms is one that has served as a dining room previously, allowing flexible usage according to your lifestyle needs. A notably large lounge/diner can serve as both an entertaining space and a relaxing retreat. The location enhances this property's appeal; within close proximity to picturesque countryside walks and cycle paths along the River Medina, it also offers easy access to local shops, cafés, and restaurants in the bustling town center. This bungalow is available chain-free, making it an excellent choice for those seeking to create their dream home in a vibrant community.

Investment Analysis

(PO30 area)
Area Average
£274/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

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
£1,052
Based on a loan of £221,250 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.

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