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4 bed property, in Newport Road, £210,000
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4 bed semi-detached house

Newport Road, Sandown PO36
£210,000
Freehold

The property is a investment opportunity located in the seaside town of Sandown on the Isle of Wight. It has strong buyer and tenant demand due to its coastal location and excellent transport connections. The property requires refurbishment and modernisation throughout, with estimated costs of £20,000-£35,000. Once refurbished, it is expected to achieve a value of approximately £220,000-£260,000. The property is approximately 6% to 8% yield on rental, based on comparable rentals of £900-£1,200 per calendar month.