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£150,000

Portland Street, Newport, PO30

  • 2 beds
End of terrace

£150,000

  • 2 beds
End of terrace
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Estimate monthly mortgage payment:

£685 per month

Minimum deposit amount:

£7,500
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INVESTORS ONLY - Nestled in the heart of Newport, this property presents an enticing opportunity for investors seeking a property with existing rental income or a first time purchase. This charming two bedroom terraced house offers a comfortable living space, complete with a lounge, dining room, kitchen, and bathroom on the ground floor, and two double bedrooms on the first floor, making it an ideal choice for first time buyers or tenants and investors alike. Currently occupied by reliable tenants, this property provides immediate rental income for investors. Situated in the vibrant community of Newport, the house offers easy access to local amenities, including shops, restaurants, and leisure facilities. Close proximity to transport links, including bus routes to the rest of the Island, facilitates convenient travel throughout the Isle of Wight, enhancing the property's appeal to potential tenants. With the option to retain existing tenants or explore refurbishment opportunities, the property offers flexibility for investors to maximise rental yield with a layout that lends itself well to modernisation projects, allowing investors to add value and enhance rental potential. Viewing highly recommended. Hall Entrance hall with doors to lounge and ding room. Stairs to first floor landing. Lounge 10'10" x 8'10" Electric wall heater. Fireplace. Window to front aspect. Dining Room 11'8" x 9'9" Door to rear garden. Gas fire. Under stair storage cupboard. Electric wall heater. Kitchen 8'8" x 6'0" Wall and base units with worktop over. Double drainer stainless steel sink. Stand alone oven, grill and hob. Window to side aspect rear garden. Shower Room 5'9" x 5'6" Suite comprises WC, hand wash basin and shower cubicle with electric Triton shower unit. Two windows to rear aspect. Stairs To First Floor Landing Bedroom 1 11'8" x 10'10" Window to front aspect. Feature fireplace. Wall heater. Bedroom 2 11'8" x 9'8" Window to rear aspect. Electric wall heater. Over stair storage cupboard. Outside Rear garden laid mostly to lawn with patio area.

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Mortgage and legal costs:
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