2-bedroom house · PO30 2HN
For saleReduced £5k (−2.9%) on 29 SepListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the edge of Newport town within a short walk of local schools & amenities is this two bedroom terraced house that benefits from an enclosed, sunny rear garden.
Deceptively spacious internally the property will appeal to a wide range of buyers from buy-to-let investors, those looking for their first home or even experienced developers looking for a decent return on investment.
The property is modern & well-presented throughout whilst the downstairs accommodation comprises; open plan lounge & dining area with exposed brick feature wall & modern kitchen with access in to the easy to maintain rear garden that benefits from a sturdy shed.
Upstairs are two decent sized double bedrooms and a 4-piece family bathroom complete with bath & separate shower.
To the rear, accessed from the kitchen is a paved garden, perfect for summer BBQ's & relaxing with friends & family.
The property also benefits from double glazing & gas central heating whilst being within easy reach of the local schools & shops.
We highly recommend viewing to appreciate the well-presented accommodation on offer.
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
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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
Agent & docs
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FAQ
About 57, Royal Exchange, Isle of Wight
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