1-bedroom house · PO30 5UN
For saleReduced £15k (−20%) on 21 MayListed 244 days
Opportunity summary
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About
This stunning ground floor apartment is situated in a highly desirable complex exclusively for Over 70's only. The accommodation comprises: large living room, bedroom, fitted kitchen and wet room.
Further benefits include: underfloor heating, entry system and private patio area.
The complex offers excellent resident facilities that include: communal gardens, residents' lounge, laundry, lift and 24 hour emergency call facility giving peace of mind for residents and their family.
Entrance Hall: Large storage/airing cupboard. Entry phone. Part glazed door to: Living Room: 20'0" x 14'0" (6.10m x 4.27m) Underfloor heating. UPVC double glazed door to patio area.
UPVC window to the front. TV point. Kitchen: 8'0 x 7'0 (2.44m x 2.13m) Range of fitted base and wall units. Roll top work surfaces. Electric hob and oven. Extractor hood. Stainless steel sink unit.
Integrated fridge freezer. UPVC double window to front. Bedroom: 18'0" x 9'0" (5.49m x 2.74m) UPVC double glazed door and window to Juliette balcony. Built-in mirror fronted wardrobes.
Bath/Wet Room: Fully tiled walls. Wet room shower with handrails. Panelled bath. Low level W.C. Wash hand basin with vanity unit under. Heated towel rail.
Communal Gardens: Gardens surround the complex. Facilities on site comprise: residents day room, dining room, laundry, scooter storage, house manager and 24 hour emergency call facilities.
Individual care and catering packages tailored to every requirement. Tenure: Leasehold - 112 years remaining, Ground rent £435.00 pa, Service charge £9565.00 pa. (Water included) EPC: D Council Tax: B
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
Agent & docs
FAQ
About Foxes Road, Newport, Isle Of Wight, PO30
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