2-bedroom terraced house · PO30 2FR
For saleListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity for first-time buyers to step onto the property ladder, this beautifully presented two-bedroom terraced home is offered on a 50% shared ownership basis and is available to the market chain-free.
Built within the last 10 years, the property has been exceptionally well cared for and maintained by the current owner, offering light, airy and ready-to-move-into accommodation throughout.
The ground floor comprises a welcoming entrance hall, convenient downstairs WC, and a spacious lounge/diner with double doors opening onto the sunny rear garden, creating an ideal space for both relaxing and entertaining.
The modern kitchen has been thoughtfully upgraded by the owner and offers a stylish and practical space with ample storage and worktop space.
Upstairs, the property features two generously sized double bedrooms, both offering excellent proportions, alongside a modern family bathroom.
There is also a good level of storage throughout the home.
Externally, the property benefits from a well-sized rear garden enjoying a desirable south-westerly aspect, making it a wonderful spot to enjoy the afternoon and evening sun.
The property benefits two private parking spaces on a driveway to the side of the house. From the driveway, there is a private pathway leading directly into the rear garden.
Conveniently situated in Newport, the property enjoys easy access to local shops, amenities and transport links, while also being within easy reach of scenic countryside walks, offering the perfect balance of town and outdoor living.
This superb home combines modern living with affordability and convenience, making it an ideal purchase for buyers seeking a stylish and low-maintenance property in a move-in-ready condition.
Local Authority - Isle of Wight Council Council Tax Band - C Tenure - Leasehold GROUND FLOOR Entrance Hall WC Lounge Diner 13'8 x 12'7 Kitchen 10'2 x 7' FIRST FLOOR Landing Bedroom 1 13'8 x 11'6 Bedroom 2 10' x 7'9 Bathroom OUTSIDE Front Garden Rear Garden Parking x 2
Value & comps
No previous sales on record.
Returns
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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
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FAQ
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