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Under Offer

Castlehold Lane, Newport, PO30

Guide Price £85,000Leasehold

111

Key Information

Tenure:Leasehold
Service charge:Not available
Ground rent:Not available
Time remaining on lease:Not available
Council tax band:Not available
Broadband:up to 900Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Immaculate Studio Apartment
Great location, central to Newport's town centre
Superb Buy to let with tennant happy to stay on if required
Brings in a good return of £550 pcm
Large bathroom with utility area
Located on the first floor
Would also be a great first time buy or a bold hole/holiday home
Walking distance to Newport's central bus station which links you to every corner of the Island
Double glazing and gas heating
Well maintained by a great management company

Description

Immaculate studio apartment in Newport's town centre, ideal for buy-to-let or first-time buyers. Central location with easy access to transport links and local amenities. Offers a good return of £550 pcm.

This studio apartment on Castlehold Lane is centrally located in Newport, offering easy access to the town centre and all its amenities. The property features a large bathroom with a utility area and is situated on the first floor. Double glazing and gas heating ensure comfort and energy efficiency, making it a practical choice for various occupants.

The apartment is currently tenanted, bringing in a good return of £550 per month, making it an attractive buy-to-let investment. The tenant is happy to stay on if required, providing an immediate income stream. Alternatively, this property would make an excellent first-time buy or a holiday home for those looking to enjoy Newport's many attractions.

The location is highly convenient, being within walking distance to Newport's central bus station, which provides links to every corner of the Island. This makes commuting and travelling around incredibly easy. The property is well-maintained by a reputable management company, ensuring peace of mind for the new owner. The well-kept communal areas reflect the overall care taken in managing the building.

Newport offers a variety of shops, restaurants, and cultural sites, adding to the appeal of this location. Properties in this price range are rare in such a prime location. Contact us today to learn more about this opportunity.

Arrange Viewing

Nine Acres Primary School
(0.27 miles)
Outstanding
Number of pupils: 347
Age Range: 5 - 11
Newport Church of England Aided Primary School
(0.36 miles)
Good
Number of pupils: 298
Age Range: 5 - 11
Medina House School
(0.55 miles)
Good
Number of pupils: 102
Age Range: 2 - 11
Barton Primary School
(0.57 miles)
Good
Number of pupils: 272
Age Range: 3 - 11
Island Learning Centre
(0.59 miles)
Good
Number of pupils: 27
Age Range: 7 - 16
St George's School
(0.66 miles)
Good
Number of pupils: 182
Age Range: 11 - 19
Hunnyhill Primary School
(0.71 miles)
Requires improvement
Number of pupils: 358
Age Range: 5 - 11
Christ The King College
(0.72 miles)
Requires improvement
Number of pupils: 1264
Age Range: 11 - 18
Carisbrooke Church of England Controlled Primary School
(0.72 miles)
Good
Number of pupils: 406
Age Range: 5 - 11
Carisbrooke College
(0.74 miles)
Requires improvement
Number of pupils: 581
Age Range: 11 - 19

Property Calculators

If you would like to learn more about how we can help with your mortgage please visit our mortgage page.

Mortgage

Estimated Monthly Mortgage Payment:
£425 /mo.25 Years, 4.5% Interest
Loan
£76,500
Total Repay
£127,564

Land Transaction Tax

You’ll have to pay the land transaction tax of:
£0
0% up to £85,000
Your effective land transaction tax is 0%

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