We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · PO30 2EJ
Listing removedListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient and well-established location on Fairlee Road, this two-bedroom mid-terrace property offers well-proportioned accommodation arranged over two floors, making it an ideal purchase for first-time buyers, investors or those looking to downsize.
The ground floor accommodation begins with an entrance hallway leading through to a comfortable living room featuring a bay window to the front aspect.
To the rear of the property is a separate dining room, providing an excellent space for family meals or entertaining, which leads through to the kitchen.
Beyond the kitchen is a conservatory/utility room, offering additional storage and laundry space while also providing access out to the rear garden.
On the first floor, the property offers two generous double bedrooms, with the principal bedroom benefiting from a bay window that adds character and space.
A family bathroom completes the first-floor accommodation. Externally, the property enjoys an enclosed rear garden, providing a private outdoor space along with the added benefit of rear access.
Located within easy reach of Newport town centre, local schools, amenities and transport links, this property offers a practical layout and good-sized accommodation throughout.
Entrance Hall Living Room (2.82m x 3.28m) Dining Room (4.06m x 3.76m) Kitchen (1.65m x 2.84m) Utility Room (2.16m x 1.73m) First Floor Landing Bedroom 1 (4.1m x 3.3m) Bedroom 2 (3.18m x 0.23m) Bathroom Outside Enclosed rear garden with rear access.
Patio area for table and chairs, steps up to further paved area for outside seating, lawned area. Heating Gas central heating to a radiator system.
Tenure Freehold Nb The current sellers have use of one space in the residents car park to the rear of the property on Victoria Road - yearly fee of £65 for this which currently paid up until April 2027.
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
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 34, Fairlee Road, Isle of Wight
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