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Purdy Road, NEWPORT, Isle of Wight, PO30 - Image 1
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Purdy Road, NEWPORT, Isle of Wight, PO30

South East

£225,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
823 sqft

Description

Nestled in a family-friendly area, this three-bedroom residence presents a valuable opportunity for renovation and customization. Its location provides easy access to Newport town centre and reputable schools, making it ideal for families looking to invest. The property's interior is spacious, featuring a large living room and a generous kitchen/diner that can be transformed into a contemporary open-plan area. The addition of a convenient ground floor W.C. enhances its practicality. The upper level comprises three bedrooms, including two sizeable doubles and a smaller room suitable for various uses, such as a child's bedroom or home office. The family bathroom completes this floor. Outside, the property boasts a low-maintenance rear garden that enjoys ample sunlight, creating an inviting space for outdoor relaxation or dining. A notable feature is the powered garage/workshop which offers great potential for adaptation—whether you wish to retain it as a workshop or repurpose it into an office or additional bedroom (subject to relevant permissions). This flexibility makes it particularly appealing for those working from home or needing extra living space. This property holds significant promise for value addition and the creation of an enduring family home through thoughtful renovation. Early viewing is advised to fully appreciate its potential.

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Investment analysis

(PO30 area)

Below Market Value

This property is priced -1.0% below area average per sq ft

-1.0%
Potential saving
This Property
£273/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£249,999
10% above area average per sq ft
Potential ROI
-5.7%
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
7%
Properties sold annually

Local Market Trend (PO30)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -5.3%
5 year growth: -0.3%
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

Purdy Road, NEWPORT, Isle of Wight, PO30
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 over 30 years at 4.45% 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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