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 terraced house · PO30 2FZ
Sold STCListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented two-bedroom end of terrace home, conveniently located close to Newport town centre and local amenities.
Beautifully decorated throughout in neutral tones, the property offers bright and comfortable accommodation ready for a new owner to move straight into.
The home comprises a spacious lounge/diner, fitted kitchen, and two well-proportioned bedrooms. Outside, there is an enclosed rear garden along with the added benefit of parking.
This attractive property would make an ideal first-time buy or investment opportunity, offering easy, low-maintenance living in a convenient location. Early viewing is recommended.
Living Room 5.28m x 3.91m Kitchen 3.02m max x 1.85m max Bedroom 1 3.9m x 2.72m Bedroom 2 3.94m x 2.54m Bathroom 2.03m max x 1.88m max Outside Enclosed rear garden mostly laid to lawn with large patio area and side access.
2 parking spaces to the front of the property.
Heating Biomass central heating to a radiator system Council Tax Band C Tenure Freehold 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About Towngate Place, Newport, Isle of Wight
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