2-bedroom house · PO30 5JJ
Sold STCListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain this 2 bedroom mid terraced house represents a great 'first time purchase' or 'buy-to-let' such is its close proximity to local schools, Newport town centre & St.
Mary's Hospital. The house is has scope to enhance, modernise and update, so should appeal to a wide range of potential buyers, whilst also benefitting from an allocated parking space.
Set back from the road, along a shared pathway allowing for a nice sized garden to the front. The living room is to the front with the kitchen to the rear.
The two bedrooms and bathroom on the first floor complete the accommodation. An enclosed rear garden gives that outside space to enjoy with family and friends.
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 18, Redver Gardens, Isle of Wight
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