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See how verdicts work2-bedroom flat · PO30 5RU
For saleReduced £10k (−6.3%) on 21 AugListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Full Description This beautifully renovated, spacious and light-filled apartment offers the best of both worlds, tucked away from the hustle and bustle, yet within walking distance of Newport Town Centre, the Isle of Wight College and St Mary’s Hospital.
No expense has been spared in the recent full refurbishment.
The kitchen has been stripped back to brick and rebuilt with brand new integrated appliances, including a double fridge freezer, dishwasher and combined washer/dryer.
Real wood flooring flows through the kitchen, living room and hallway, while new carpet has been laid to both bedrooms.
The property has been redecorated throughout in neutral tones, offering a new owner a blank canvas to add their own style.
The bathroom has also been completely transformed, now featuring twin double vanity units, a luxury bathtub and a new shower.
Internally, the property comprises two double bedrooms, a fully renovated family bathroom, and a large lounge/diner.
The stylish new kitchen is accessible from both the hallway and the lounge, creating a sociable, open feel ideal for family living.
Outside, the apartment benefits from an allocated and a visitor parking space and access to a well-kept communal garden.
A superb, move-in-ready apartment in a highly convenient location, perfect as a low-maintenance first home, or an excellent buy-to-let opportunity owing to its ideal location between the island’s major employers.
The property is available to purchase part or fully furnished, offering flexibility for owner-occupiers, or investors looking for a ready-to-let solution.
Local Authority: Isle of Wight Council Council Tax Band: B EPC: Tbc Tenure: Leasehold, 964 years remaining Service charge: £100pcm including building insurance, maintenance and reserve fund.
Ground rent: £5 per annum Internal area Hallway 13’1 x 4’2 Reception: 14’2 x 12’3 Kitchen: 9’8 x 7’4 Bedroom 1: 12’6 x 9’7 Bedroom 2: 12’6 x 9’2 Bathroom: 7’6 x 5’9 External area Allocated Parking Space Visitor Parking Communal Garden **enquiries** For all enquiries, viewing requests or to create your own listing please visit the Emoov website.
If calling, please quote reference: S7056
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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About Flat 2, Forest Court, Newport
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