Offers over
£90,000
1 bed flat for saleNew Street, Newport, Isle Of Wight PO30
1 bed
1 bath
1 reception
EPC Rating: E
Leasehold
About this property
One Bedroom Maisonette
Currently Returns a 6.5% Yield
Off Road Parking
Situated On The Outskirts Of Town
Located on the outskirts of Newport town centre this one bedroom maisonette is ideally located and benefits from an allocated parking space.
The property is currently tenanted and whilst the preference to sell would be with the tenant-in-situ the property is also available with vacant possession.
With its own private entrance the property is on the first floor with the accommodation comprising; double bedroom, lounge, kitchen & bathroom.
As it stands the property will currently provide a 6.5% yield for any investors looking to add to their portfolio or even making their first step in to the rental market.
This flat is set in an ideal location that is convenient for the local schools and of course Newport, the 'capital', offering many supermarket, shops and facilities. The multi-screen cinema is on the edge of town with many eateries around offering a range of foods from simple to exotic. The town also has the Isle of Wight College, Medina and the Apollo Theatres and a good range of entertainment both during the day and evening.
Lounge (3.75m x 3.79m)
Kitchen (3.12m x 2.22m)
Bedroom (3.72m x 3.35m)
Shower Room (1.9m x 1.5m)
Off Road Parking
To the side of the property is an off road parking space.
The property is currently tenanted and whilst the preference to sell would be with the tenant-in-situ the property is also available with vacant possession.
With its own private entrance the property is on the first floor with the accommodation comprising; double bedroom, lounge, kitchen & bathroom.
As it stands the property will currently provide a 6.5% yield for any investors looking to add to their portfolio or even making their first step in to the rental market.
This flat is set in an ideal location that is convenient for the local schools and of course Newport, the 'capital', offering many supermarket, shops and facilities. The multi-screen cinema is on the edge of town with many eateries around offering a range of foods from simple to exotic. The town also has the Isle of Wight College, Medina and the Apollo Theatres and a good range of entertainment both during the day and evening.
Lounge (3.75m x 3.79m)
Kitchen (3.12m x 2.22m)
Bedroom (3.72m x 3.35m)
Shower Room (1.9m x 1.5m)
Off Road Parking
To the side of the property is an off road parking space.
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Monthly repayment
£450 per month
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More information
Tenure
Leasehold (960 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review
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