Newport, Isle Of Wight PO30 5PR
£122,500 via Trigghomes, Newport: 01983 525710
A great opportunity to acquire this two-bedroom semi-detached Cornish-style home, ideally situated within a quiet residential area of Newport on the Isle of Wight. Offering a good level of internal space, the property benefits from a generously sized rear garden, creating excellent outdoor potential.
Built post-World War II and of non-traditional construction, the property is unlikely to be mortgageable, making it particularly suited to cash buyers and those seeking a solid buy-to-let investment. The home currently achieves a rental return of £775 per calendar month, providing attractive yield prospects in the local market.
The property is being sold with the tenant in situ, offering immediate income upon completion.
This is an ideal purchase for investors looking to expand their portfolio with a well-situated rental property in one of the Island’s most convenient residential locations.
Local Authority - Isle of Wight Council
Council Tax Band - B
Tenure - Freehold
Agent: Trigghomes, Newport
IOW Residential Ltd, Trigg House Monks Brook St Cross Business Park Newport Isle of Wight PO30 5WB
Phone: 01983 525710
Return to: All Properties in PO30