2 bedroom new flat for sale

Shared ownership £80,500

Pan Meadows: Plot 226, Canning Court, Newport PO32

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Interested in this property? Call 01425 460098 (local rate) or Arrange viewing

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Affordable: Shared ownership

Property description

Plot 226 - Two bedroom apartment
  • 70% Shared ownership price: £80, 500
  • Full price: £115, 000
  • Rent pcm: £79.06
  • Approx monthly service charge: £64.96

    • Specification
    The property will benefit from the following specifications:
  • Range of kitchen units, including work tops, floor units and eye level cupboards
  • Built-in hob and cooker
  • A rated fridge freezer
  • District heating
  • One allocated parking space
  • Built-in wardrobe in principal bedroom
  • Bathroom suite with shower over bath
  • Vinyl flooring in the kitchen and bathroom
  • 12 Year NHBC Structural Warranty
  • Pvc Double glazed
  • Telephone and TV aerial points
  • Smart electric meters

    • Spectrum Housing Group, are pleased to announce the release of tweleve brand new 1 and 2 bedroom apartments at the Pan Meadows development built by Barratt Homes. These homes being offered by Spectrum Housing Group are available on a Shared Ownership basis for those who can not afford to get on the property ladder. Shares being offered start at 40% but larger shares can be purchased, subject to affordability.

    Location
    Pan Meadows lies on the outskirts of Newport, the county town of the island. There is easy road access to the town centre, with bus services running regularly to the central terminal which travel in all directions of the Island.

    Newport has array of popular supermarkets, two shopping centres with high street retailers, and small independent shops. Newport offers a wide range of entertainment, with theatres, a cinema, pubs, restaurants and nightclubs, so there is something for everyone.

    Scheme
    Barratt Homes have built this large eco-friendly development which will consist of a number of other private homes. The development will include a new ten hectare country park, visitor centre, recreation and play areas, teamed with new local recycling centres.

    The homes being offered by Spectrum Housing Group have been built to high ‘green’ standards with homes being 44% more energy efficient than homes built in 2006.
    Request details

    For more information about this property, please contact
    Spectrum Housing - Pan Meadows, PO30 on 01425 460098 (local rate)

    Contact Spectrum Housing - Pan Meadows about this property

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    PO32 Zed-Index What is the Zed-Index
    £165,375 £223,719 £155,066 £139,336 £145,671
    stats for 
    Value change
    £1,207 (0.73%) £3,170 (-1.88%) £2,728 (-1.62%) £1,260 (0.77%) £3,367 (-2.00%) £7,404 (4.69%) £17,999 (-9.81%)
    from 
    Avg. price paid: £172,680
    No. of property sales: 110     Avg. price paid: £170,391
    No. of property sales: 366     Avg. price paid: £167,003
    No. of property sales: 581     Avg. price paid: £170,035
    No. of property sales: 940
    Avg. asking price in PO32: £177,047
    No. of properties for sale in PO32: 162
    Avg. asking rent in PO32: £746 pcm
    No. of properties to rent in PO32: 17

    Property value data/graphs for PO32

    Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
    Detached £223,719 £171 3.4 £228,133
    Semi-detached £155,066 £197 3.0 £172,735
    Terraced £139,336 £180 2.7 £152,496
    Flats £145,671 £211 2.1 £98,923

    Current asking prices in PO32

    Avg. current asking prices in PO32
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses - £148,586
    (32)     		£183,909
    (63)     		£233,033
    (24)     		£215,000
    (2)
    Flats £96,667
    (3)     		£120,427
    (30)     		£299,975
    (2)     		£190,000
    (1)     		-
    All £96,667
    (3)     		£134,960
    (62)     		£187,481
    (65)     		£231,312
    (25)     		£215,000
    (2)

    Current asking rents in PO32

    Avg. current asking prices in PO32
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses - £632 pcm
    (4)     		£750 pcm
    (3)     		£886 pcm
    (2)     		-
    Flats £494 pcm
    (2)     		£910 pcm
    (5)     		£594 pcm
    (1)     		- -
    All £494 pcm
    (2)     		£786 pcm
    (9)     		£711 pcm
    (4)     		£886 pcm
    (2)     		-

    Fun facts for PO32

    Highest value in PO32
    Highest value streets Zed-Index What is the Zed-Index
    Barton Estate £454,048
    New Barn Road £326,846
    Whippingham Road £321,934
    Denton Gardens £251,989
    East Cowes Road £249,554
    Highest turnover in PO32
    Highest turnover streets Turnover What is Turnover?
    Pumphouse Lane 40.0%
    St. James Close 35.7%
    Upper Yarborough Road 32.1%
    St. Josephs Close 30.0%
    Ferry Road 27.3%

    Nearby stations and schools

    • Ryde Pier Head (5.4 miles)
    • Ryde Esplanade (5.5 miles)
    • Ryde St Johns Road (5.8 miles)
    • Queens Gate Foundation Primary (0.5 miles)
    • Lanesend Primary School (1.0 mile)
    • Cowes Primary School (1.2 miles)

    Local info for Isle of Wight

    About the neighbours in PO32 2FH

    Find my nearest tradesmen and local services

    in
    • David Carrington in Electronic Shop
      01983 298766
      11 Acorn Gardens, East Cowes, Isle of Wight PO32 6TD       0.06 miles from this property
    • Dunford Painters & Decorators in Painters & Decorators
      01983 294820
      17 Oakfield Road, East Cowes, Isle of Wight PO32 6DX       0.08 miles from this property
    • Wight Dry Lining Ltd in Plasterers
      01983 292410
      16 Vectis Road, East Cowes, Isle Of Wight PO32 6HN       0.18 miles from this property
    • Aquius Plumbing Services in Plumbers
      01983 282936
      41 Greenlands Road, East Cowes, Isle Of Wight PO32 6HT       0.30 miles from this property
    • Round the Island Building Ltd in Builder
      01983 209640
      Unit 9 Clarence Boatyard, Clarence Road, East Cowes, Isle Of Wight PO32 6TA       0.37 miles from this property
    • Bruce's in Electrician
      01983 293291
      3 Clarence Road, East Cowes, Isle of Wight PO32 6EP       0.44 miles from this property
    • House Crafts in DIY Shop
      01983 292973
      9 Clarence Road, East Cowes, Isle Of Wight PO32 6EP       0.44 miles from this property
    • Steve Blow in Double Glazing Installer
      01983 297690
      119 Old Road, East Cowes, Isle of Wight PO32 6AU       0.47 miles from this property
    • Wight Sparks in Electrician
      01983 292881
      15 York Avenue, East Cowes, Isle Of Wight PO32 6QY       0.53 miles from this property
    • Miramare Estates Ltd in Property Maintenance Services
      01983 853874
      Unit 5-6 Medina Court, Arctic Road, Cowes, Isle Of Wight PO31 7XD       0.53 miles from this property
    • Peter Ferns Achitecture Ltd in Architect
      01983 248866
      Whitegates Building, Arctic Road, Cowes, Isle Of Wight PO31 7PG       0.55 miles from this property
    • M J Heating & Plumbing in Gas Installers
      01983 290572
      121 Pelham Road, Cowes, Isle Of Wight PO31 7DW       0.65 miles from this property
    • Russ Smith Damp Proofing & Woodworm Treatment in Damp & Dry Rot Service
      01983 295664
      43 Cambridge Road, East Cowes, Isle Of Wight PO32 6AH       0.65 miles from this property
    • M J Hayles in Architectural Service
      01983 293128
      Suite 10 Medina Village, Medina Road, Cowes, Isle Of Wight PO31 7BU       0.74 miles from this property
    • A P Blanch in Builder
      01983 291641
      41 Stephenson Road, Cowes, Isle Of Wight PO31 7PP       0.76 miles from this property
    • Ferrari Building Services in Builder
      01983 240251
      38 Shamblers Road, Cowes, Isle Of Wight PO31 7HE       0.78 miles from this property
    • G J Banks I W Ltd in Builder
      01983 295425
      9 Mill Hill Road, Cowes, Isle Of Wight PO31 7EA       0.78 miles from this property
    • K H Builders in Builder
      01983 297221
      Spindrift, Esplanade, East Cowes, Isle Of Wight PO32 6AD       0.81 miles from this property
    • Wight Property Services in Plumbers
      01983 240667
      Gordon Road, Cowes, Isle Of Wight PO31 7SL       0.88 miles from this property
    • U P V C Services in Double Glazing Installer
      01983 290047
      14 Elm Grove, Cowes, Isle Of Wight PO31 7HB       0.91 miles from this property
    • Chem-dry First in Carpet & Rugs Shop
      01983 295518
      Unit 8 Somerton Industrial Park, Newport Road, Cowes, Isle Of Wight PO31 8PB       0.92 miles from this property
    • D E S in Appliance Repairs
      01983 282939
      12a Somerton Industrial Park, Newport Road, Cowes, Isle Of Wight PO31 8PB       0.92 miles from this property
    • G T I Glazing Systems Ltd in Double Glazing Installer
      01983 280880
      The Pavillion Somerton Park, Newport Road, Cowes, Isle Of Wight PO31 8PB       0.92 miles from this property
    • B T R Plumbing Services in Plumbers
      01983 297978
      17 Windmill Close, Cowes, Isle Of Wight PO31 7HA       0.93 miles from this property
    • C Mansell Ltd in Builder
      01983 200279
      River View, East Cowes, Isle Of Wight PO32 6LU       0.94 miles from this property
    • Beds R Us in Bed & Bedding Shop
      01983 294580
      2 Denmark Road, Cowes, Isle Of Wight PO31 7SY       0.96 miles from this property
    • David Pardey in Bricklayer
      01983 291524
      96 St Marys Road, Cowes, Isle Of Wight PO31 7SS       0.96 miles from this property
    • Richard Joseph Sibley in Bricklayer
      01983 292338
      6 Granville Road, Cowes, Isle Of Wight PO31 7JD       1.05 miles from this property
    • John Groves I W Ltd in DIY Shop
      01983 293473
      91 Belle Vue Road, Cowes, Isle Of Wight PO31 7LE       1.08 miles from this property
    • John Groves I W Ltd in DIY Shop
      01983 293473
      91 Belle Vue Road, Cowes, Isle Of Wight PO31 7LE       1.08 miles from this property

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