Newport, Isle Of Wight PO30 2 bed semi

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Newport, Isle Of Wight PO30 2 bed semi

Newport, Isle Of Wight PO30
£122,500

Our Summary

  • 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

Description

This two-bedroom semi-detached Cornish-style home in Newport on the Isle of Wight offers a great opportunity for cash buyers or investors seeking a solid buy-to-let investment. The property, built post-World War II, has a non-traditional construction and is unlikely to be mortgageable, making it particularly suited to those with the means to purchase outright. The home has a generous rear garden, creating excellent outdoor space, and is currently rented out, achieving a rental return of £775 per month. The property is being sold with the tenant in situ, providing immediate income upon completion, making it an attractive option for investors looking to expand their portfolio with a well-situated rental property in a convenient residential location.