Newport, Isle of Wight
TR

Newport, Isle of Wight

By Trigg & Co

£ 125,000

Reviews

2 out of 5 stars

Trigg & Co says ..

Set in the heart of Newport, this well sized first floor apartment is offered to the market in good condition with the option for a purchase with a tenant in situ. Ideally placed for convenient living, the property sits touching distance of all your daily amenities. GROUND FLOOR Communal E...

Property Oracle says ..

This one-bedroom, one-bathroom property in Newport, Isle of Wight, presents a mixed bag of attributes. Its central location on St James’ Street offers easy access to various amenities, including shops and several well-regarded schools within a reasonable distance, as highlighted by the proximity to schools such as Nine Acres Primary School and The Isle Of Wight College, both with good Ofsted ratings. This contributes to its potential appeal. However, the photos reveal a property that is currently in need of considerable attention. The interior is cluttered, showing significant wear and tear and could benefit from a complete refurbishment to improve both its aesthetic appeal and overall value. The absence of any outdoor space is another drawback, and the property is likely to be an apartment or flat. The price of £125,000 is relatively modest compared to average prices on St James’ Street itself but taking into account the condition and lack of outdoor space, this price should be considered carefully before a purchase. Potential buyers should factor in the costs of renovations and cleaning before making an offer. Overall, the property has the potential to be a good investment once renovations are completed.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
560.00

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 %
from 409,967.00 £
Est sale value
242,480.00 £
Increased by 65.90 %
from 146,160.00 £
Average area rental value
1,300.00 £/mo
Decreased by 23.48 %
from 1,699.00 £/mo
Est letting value
560.00 £/mo
Unchanged by 0.00 %
from 560.00 £/mo
Est rental Yield
3.62 %
Decreased by 27.16 %
from 4.97 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Trigg & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
The Isle Of Wight CollegeFurther EducationGood0.63 KM
Nine Acres Primary SchoolCommunity SchoolGood0.67 KM
Newport Church Of England Aided Primary SchoolVoluntary Aided SchoolGood0.98 KM
East Newport Children'S CentreChildren's Centre Linked Site1.12 KM
Barton Primary SchoolCommunity SchoolGood1.18 KM

Images

Front Elevation.JPG Kitchen-Lounge-JPG Entrance Hall.JPG Bedroom Lounge-Kitchen AreaJPG Kitchen Area.JPG Bathroom.JPG Bedroom.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
St Thomas' Square £ 000.00 KM
St James' Street £ 176,11100.00 KM
Mill Street £ 142,50000.00 KM
Foxes Road £ 151,66700.00 KM
Saint Johns Road £ 287,83300.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newport, Isle of Wight £ 145,000BUY6 / 100.00 KM
Newport, Isle of Wight £ 125,000BUY4 / 100.00 KM
Newport, Isle of Wight £ 95,000BUY5 / 100.00 KM
Lugley Street, Newport £ 85,000BUY5 / 100.02 KM
St. James Court, 52 Lugley Street, Newport, Isle of Wight, PO30 £ 72,000BUYUnknown0.02 KM

Nearby Properties

AddressPriceDistance
2a St James Street £ 32,5000.08 KM
123 St James Street £ 110,0000.08 KM
6 Lugley Street £ 148,0000.10 KM
38 Lugley Street £ 180,0000.10 KM
12 Lugley Street £ 275,0000.10 KM