2-bedroom terraced house · PO30 1PY
Listing removedListed 109 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A cosy 2 bedroom mid terraced house situated in the heart of Newport town. This 2 bedroom 1 bathroom property is close to all local amenities and convenient for Newport town centre.
Comprising 2 generous sized bedrooms, fitted kitchen, living room, downstairs bathroom and garden, it really is a must see.
EPC - D Council tax band - A Living room 3.37 m x 3.24 m (11'1" x 10'8") Spacious room with double glazed window and door to front aspect.
Electric fire and selection of power points Kitchen 3.39 m x 2.06 m (11'1" x 6'9") Fitted kitchen with matching floor and wall units. Electric oven, gas hob and extractor over.
Space for washing machine and tumble dryer. Bathroom (Downstairs) Bath with thermostatic shower over. Low level W/C and pedestal basin.
Bedroom 1 3.01 m x 3.27 m (9'11" x 10'9") Good size double room with double glazed window to the front aspect Bedroom 2 2.12 m x 3.01 m (6'11" x 9'11") Generous sized bedroom with double glazed window to the rear aspect over looking the garden Garden Decked area to the rear of the property with steps up to a grassed area and walkway to the storage shed at the back of the garden.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Chapel Street, Newport, Isle Of Wight
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