We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · PO30 5UP
Listing removedListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive shared ownership mid-terrace home is located in a popular residential area of Newport, Isle of Wight (PO30 5DE), offering an excellent opportunity for buyers seeking a modern, well-designed property in a convenient central location close to local amenities, schools, and transport links.
Upon entering, you are welcomed by a bright entrance hall leading to the main living spaces.
To the front of the home is a spacious open-plan kitchen and dining area, thoughtfully designed for both functionality and sociable living ideal for cooking, dining, and entertaining.
A separate living room provides a cosy retreat at the rear of the property, perfect for relaxing after a long day. A practical downstairs WC completes the ground floor.
Upstairs, the first floor features two generous double bedrooms, each offering ample space for furniture and storage, alongside a modern family bathroom finished to a high standard.
Externally, the property benefits from a private rear garden, ideal for outdoor seating, gardening, or family enjoyment.
There is also allocated parking available nearby, ensuring convenient off-road parking.
Overall, this brand-new mid-terrace home combines comfort, space, and practicality making it an ideal choice for first-time buyers or those looking to enjoy the benefits of shared ownership living in a desirable Newport location.
Financial Information " Full market value: £250,000 " Example share: 40%* " Share value: £100,000 " Monthly rent (based on 40% share): £312.50 " Service charge estimate: £40.73 per month **The Matterport tours are of similar properties at the Three Oaks development during construction.
Please note that turf is provided in the gardens. Flooring is provided wet areas but not in living areas (i.E. Living, bedroom, stairs).
There may be differences between the property you are interested in and the Matterport Tour. Please call a friendly member of the shared ownership team should you have any questions on .
*Homes are sold under the new model lease, and minimum shares are available from 10%. The example share advertised is for indicative purposes.
Room sizes: Entrance Hall Kitchen/ Dining Room 19'4 x 15'1 (5.90m x 4.60m) Living Room 15'1 x 9'5 (4.60m x 2.87m) Downstairs Cloakroom Bedroom 1 15'1 x 11'8 (4.60m x 3.56m) Bathroom Bedroom 2 15'1 x 9'8 (4.60m x 2.95m) Allocated Parking Private Rear Garden The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
If buying to rent, please check if Local Authority licensing schemes apply before proceeding. Legal advice should be taken to verify fixtures/fittings, planning, alterations and/or lease details.
Appliances & services are untested, dimensions are approximate and floor plans are not to scale. We are pleased to offer our customers a range of additional services to help them with moving home.
None of these services are obligatory and you are free to use service providers of your choice.
Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services.
If you choose to use a service provider recommended by Cubitt & West, details of all referral fees can be found at the link below.
If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Tenure: Leasehold Shared Ownership rent: £ 313 Annual service charge: £ 492 Years remaining on lease: 990
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Acorn Avenue, Newport
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