Flat 4, 144A High Street, Newport, Isle of Wight PO30 1TY

For Sale £90,000

2 bedroom Flat

Property Description

A great opportunity for an investment or first time buyer. A recently converted and  modernised two bedroom, first floor flat within walking distance of local amenities. FOR SALE BY ONLINE AUCTION ON 24TH APRIL 2024 - All bidders must register beforehand. 

We are pleased to offer individual apartments. The apartments are currently let out on a AST presenting a good investment opportunity or at the end of the tenancy you could terminate and occupy for personal use. The flats were recently converted and modernised. Conveniently located to the town centre . Providing walking distance to all amenities. Access to communal bin/bicycle storage.  Individual access via street entrance leading up the stairs to own front door. 

Currently let on a AST
Producing £825 pcm representing at guide price a return of 11% gross

The flats are offered on a new 125 year lease.
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