Fairlee Road, Newport, Isle of Wight

£125,000

1 bedroom flat for sale

Fairlee Road, Newport, Isle of Wight
1 Bed1 Bedroom
1 Bath1 Bathroom
1 Reception
Tenure: Leasehold
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Key Features

  • First floor retirement apartment for over 55s
  • Allocated parking and communal gardens
  • Private balcony
  • Good sized bright rooms throughout
  • Situated on a main bus route
  • Above-average EPC energy efficiency rating C (79/81)

Description

A well presented first floor flat in a popular retirement complex with the use of ample car parking space and communal gardens. As well as a bus stop right outside, the development is near to Seaclose Park and Medina Arboretum and there is a riverside footpath to Newport and to Newport Harbour. The pretty balcony overlooks the communal grounds and is accessed via the bright and spacious bedroom.

 

Important information about this property

  • Shared Ownership: no
  • Annual Service Charge: £1850
  • Council Tax exempt: no
  • Council Tax band: B
  • Tenure: Leasehold, 961 years remaining on lease
  • If buying to rent, please check if Local Authority licensing schemes apply before proceeding
  • Legal advice should be taken to verify fixtures/fittings, planning, alterations and/or lease details
  • Appliances & services are untested, dimensions are approximate and floor plans are not to scale
  • Through a Homewise Home For Life Plan people aged 60+ can secure this property for up to 59% less, by purchasing a Lifetime Lease
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Room Dimensions

Communal Entrance
Balcony
Communal Gardens
Allocated Parking
Hallway
Shower Room
Bedroom15'4 × 10'8 (4.68m × 3.25m)
Lounge / Dining Room15'4 × 10'11 (4.68m × 3.33m)
Kitchen8'9 × 7'3 (2.67m × 2.21m)

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Fairlee Road, Newport, Isle of Wight

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Investment opportunity

Estimated yield: 7.34% yield

Estimated rental income: £765 pcm

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Mark Smith

Mark Smith

Branch Manager
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What could my mortgage repayments be on this home?

Monthly Repayments:

£ 501

Aged 60 or over?


You could secure this property for thousands less with a Home for Life Plan.

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Mark Smith

Mark Smith

Branch Manager
Thinking of moving home?Use our instant valuation tool and see what your home is worth in secondsEnquire or Book a ViewingCall 01983 528888

Investment opportunity

Estimated yield: 7.34% yield

Estimated rental income: £765 pcm

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