Marvins says ..
This is an outstanding opportunity to acquire a robust investment property located just off Newport town centre. Currently configured as three independent one-bedroom flats, the property is a ready-made asset for any serious investor. The property currently generates £17,340 pa income and is man...
Property Oracle says ..
This is a 3-bedroom house located on Drill Hall Road, Newport, Isle of Wight. The property is listed for £300,000 by Marvins. The house has 3 bathrooms and a square footage of 1,187.88. The property is located in a central area of Newport, close to several schools. However, the property appears to be in need of renovation and updating. The average price for similar properties in the area is higher, but this property’s condition may justify the lower price.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 3
- Sqft (est)
- 1,187.88
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 431,250.00 £Increased by 5.19 %
- Est sale value
- 514,352.04 £Increased by 65.90 %
- Average area rental value
- 1,300.00 £/moDecreased by 23.48 %
- Est letting value
- 1,187.88 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.62 %Decreased by 27.16 %
- Crime Rate
- 23.00 %Unchanged by 0.00 %
Agent Activity
Marvins created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Nine Acres Primary School | Community School | Good | 0.42 KM |
| Newport Church Of England Aided Primary School | Voluntary Aided School | Good | 0.50 KM |
| The Isle Of Wight College | Further Education | Good | 0.90 KM |
| Hunnyhill Primary School | Community School | Good | 1.13 KM |
| Island Learning Centre | Pupil Referral Unit | Good | 1.14 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Mill Street | £ 142,500 | 0 | 0.00 KM |
| Foxes Road | £ 151,667 | 0 | 0.00 KM |
| West View | £ 0 | 0 | 0.00 KM |
| Sylvan Drive | £ 0 | 0 | 0.00 KM |
| Blackthorn Close | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Drill Hall Road, Newport | £ 300,000 | BUY | 5 / 10 | 0.00 KM |
| Newport, Isle of Wight | £ 127,950 | BUY | 5 / 10 | 0.03 KM |
| Clifford Street, Newport | £ 130,000 | BUY | Unknown | 0.06 KM |
| Newport, Isle of Wight | £ 180,000 | BUY | 5 / 10 | 0.06 KM |
| Drill Hall Road, Newport, Isle of Wight | £ 110,000 | BUY | Unknown | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14 Drill Hall Road | £ 210,000 | 0.02 KM |
| 18 Drill Hall Road | £ 130,000 | 0.02 KM |
| 19 Drill Hall Road | £ 175,000 | 0.02 KM |
| 17 Drill Hall Road | £ 99,950 | 0.04 KM |
| 2 Drill Hall Road | £ 110,000 | 0.04 KM |