3-bedroom terraced house · PO30 1UJ
Sold STCListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient and central location, this three-bedroom mid-terrace property on Pyle Street in Newport offers well-proportioned accommodation and is available with no onward chain, making it an ideal purchase for first-time buyers, investors, or those seeking a straightforward move.
Having been in the same family ownership since 1966, the property now presents an exciting opportunity for modernisation, allowing a new owner to update and personalise the home to their own taste and requirements.
The property is accessed via an entrance hall leading into a bright and spacious living room, featuring two windows to the front aspect that allow for plenty of natural light.
Beyond this is a separate dining room, providing an excellent space for entertaining or family meals.
The kitchen is located to the rear of the property and offers access directly out to the courtyard-style garden, creating a practical indoor-outdoor flow.
Upstairs, the property comprises three bedrooms along with a shower room, offering flexible accommodation suitable for families, guests, or home working.
Externally, the rear courtyard garden provides a low-maintenance outdoor space, ideal for relaxing or alfresco dining.
Offered to the market with no onward chain, this is a rare opportunity to acquire a long-held family home in a sought-after Newport location, close to local amenities, transport links, and schools, with excellent potential to add value.
Entrance Hall Living Room 3.58m x 3.05m Dining Room 3.6m x 3.58m Kitchen 2.51m max.
x 4.62m First Floor Landing Bedroom 1 4.5m x 3.05m Bedroom 2 2.95m x 3.58m Shower Room Bedroom 3 2.51m x 3.15m Outside Enclosed rear courtyard.
Tenure Freehold Council Tax Band 'B' Please note Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 plus VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
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
About Pyle Street, Newport, Isle of Wight
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