2-bedroom terraced house · PO30 1QY
Sold STCListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** ATTENTION FIRST TIME BUYERS!
** This well situated, light filled house sits in the heart of Newport, located in a quiet road, minutes from Newport town ideally placed for all local shops, schools and transport links and will particularly appeal to first time buyers & young families.
The ground floor comprises of lounge which is the hub of the home along with a separate dining room, kitchen & bathroom to the rear whilst a handy lean-to provides a space for utilities.
Upstairs are two well-proportioned double bedrooms. To the rear of the property is a long, well looked after garden perfect for keen gardeners.
It is fully enclosed and is a great space to entertain or for the kids to play! We highly recommend a viewing to fully appreciate the accommodation on offer.
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.
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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 Melbourne Street, Newport, Isle of Wight, PO30
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