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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • Unfurnished
  • Investment Property
  • Modern Apartment
  • Large Balcony
  • Tenanted until March 2020
  • Good Rental Yield
  • Convenient Location

Listing view statistics

Last 30 days: 42 page views

Since listed: 1211 page views

Description

***Fantastic investment opportunity***

Top floor modern apartment with large balcony overlooking Newport. The property has a spacious living area, separate kitchen, good size double bedroom and shower room.

The property is already let on an assured shorthold tenancy agreement until March 2020 but we believe the tenants are looking to stay long term. The current rent is £550 pcm giving a rental yield of over 5%.

Bedroom 1 (10' 11'' x 10' 0'' (3.32m x 3.06m))

Good size double room with window to front.

Kitchen (7' 5'' x 7' 2'' (2.25m x 2.18m))

Fitted with a range of wall, drawer and base units with work surfaces over. Window to side.

Bathroom (7' 5'' x 5' 3'' (2.27m x 1.59m))

Fitted with a suite comprising shower cubicle, wash hand basin and WC.

Living Room (10' 11'' x 15' 1'' (3.32m x 4.59m))

Large living room with laminate wood flooring. Window to side aspect. Double doors to-

Balcony (9' 0'' x 14' 2'' (2.74m x 4.31m))

Lovely private balcony with views over Newport.

Nb

Photographs are historic photographs from before current tenancy.

Lease

99 year lease from 2007.
Service/Maintenance Charge - £540 P.A

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • East Cowes Floating Bridge 4.1 miles
  • West Cowes Floating Bridge 4.1 miles
  • Nine Acres Primary School 0.2 miles
  • Newport Church of England Aided Primary School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • East Cowes Floating Bridge 4.1 miles
  • West Cowes Floating Bridge 4.1 miles
  • Nine Acres Primary School 0.2 miles
  • Newport Church of England Aided Primary School 0.2 miles

Market stats

Sale activity

Average estimated value for a flat in PO30:

  • £145,528
  • Price increase

  • £12,830
  • (9.669%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £130,689
  • Properties sold

    43

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in PO30 is currently:

£464 pcm

Recent sales nearby

See all recent sales in PO30
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Estimated running costs

Based on available 3rd party data

Approximate costs
£
per month

Mortgage calculator

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How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
29th Dec 2019 £107,500 Price increased by £7,000
29th Dec 2019 £100,500 Price reduced by £7,000
6th Nov 2019 £107,500 Price reduced by £5,000
20th Jun 2019 £112,500 First listed
30th Sep 1998 £39,950 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Lancasters. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Lancasters for full details and further information.