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Agent details

This property is listed with:
Hose Rhodes & Dickson
138 High Street
Telephone:
01983 521144
 

Full Details for Land for sale in Newport, PO30 :

A great opportunity to purchase a 3 bedroom terraced cottage, partially re-built to comply with current building regulations (currently unfinished).

Next to the terraced cottage is a building plot with planning permission for 3 maisonettes with car parking and 180 ft garden adjoining the car park at the rear.

The cottage has a completed bedroom and bathroom to the first floor and will offer 2 double bedrooms and 1 single, 2 bathrooms and kitchen/diner once completed. The cottage now also benefits from an external wall.

We have been advised that once completed the site may provide an annual rental yield of approx 8%.

The site is located on the outskirts of Newport, close to St Mary’s Hospital, the prisons and the industrial estate. Newport Town Centre is within a 5 minute drive and Northwood and Cowes can be reached within 10 minutes making it ideal for commuters.

Cottage Accommodation:
Ground Floor
Hall
Lounge 18'2 x 12'6 (5.53m x 3.81m)
Shower Room
Kitchen Diner 15'3 x 12'6 (4.66m x 3.81m)
First Floor
Bedroom 2 8'1 x 12'3 (2.46m x 3.73m)
Bathroom
Bedroom 3 10'0 x 5'8 (3.06m x 1.72m)

Second Floor
Bedroom 1 14'6 x 9'1 (4.43m x 2.78m)

Outside
The cottage benefits from a good sized rear garden.

Planning
Planning permission was granted in 2006 for 3 maisonettes with car parking and garden. All plans and a copy of the permission can be viewed on the Isle of Wight’s planning portal by searching the reference numbers: P/00835/06 - TCP/27268/A.

Other uses of the site may be suitable subject to gaining the relevant planning permissions.

The vendor has advised that he may consider a part exchange up to £150,000. Please enquire if you would like to know more.

Terms
Our client is asking for £250,000 freehold.

Viewings
All viewings to be arranged via our office, please contact 01983 527727.

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House Prices for houses sold in PO30 5TJ

Stations Nearby

Schools Nearby

Meoncross School
8.7 miles
Ryde School with Upper Chine
6.0 miles
Thompson House Tuition Centre
3.2 miles
Northwood Primary School
1.2 miles
Newport C of E Primary School
1.4 miles
Hunnyhill Primary School
0.9 miles
Carisbrooke College
1.6 miles
Medina College
1.1 miles
The Isle of Wight College
1.0 mile