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Acorn Avenue, Newport, Isle of Wight
£100,000 Shared Ownership2 bedroom terraced house for sale
Acorn Avenue, Newport, Isle of Wight2 Bed2 Bedrooms
1 Bath1 Bathroom
1 Reception
Tenure: Leasehold
+13
Key Features
- Shared Ownership
- Two spacious double bedrooms
- Large open-plan kitchen and dining area
- Separate living room
- Downstairs WC
- Modern family bathroom
- Private rear garden
- Two allocated parking spaces
Description
This attractive shared ownership mid-terrace home is located in a popular residential area of Newport, Isle of Wight (PO30 5DE), offering an excellent opportunity for buyers seeking a modern, well-designed property in a convenient central location close to local amenities, schools, and transport links.
Upon entering, you are welcomed by a bright entrance hall leading to the main living spaces. To the front of the home is a spacious open-plan kitchen and dining area, thoughtfully designed for both functionality and sociable living ideal for cooking, dining, and entertaining. A separate living room provides a cosy retreat at the rear of the property, perfect for relaxing after a long day. A practical downstairs WC completes the ground floor.
Upstairs, the first floor features two generous double bedrooms, each offering ample space for furniture and storage, alongside a modern family bathroom finished to a high standard.
Externally, the property benefits from a private rear garden, ideal for outdoor seating, gardening, or family enjoyment. There is also allocated parking available nearby, ensuring convenient off-road parking.
Overall, this brand-new mid-terrace home combines comfort, space, and practicality making it an ideal choice for first-time buyers or those looking to enjoy the benefits of shared ownership living in a desirable Newport location.
Financial Information
" Full market value: £250,000
" Example share: 40%*
" Share value: £100,000
" Monthly rent (based on 40% share): £312.50
" Service charge estimate: £40.73 per month
**The Matterport tours are of similar properties at the Three Oaks development during construction. Please note that turf is provided in the gardens. Flooring is provided wet areas but not in living areas (i.E. Living, bedroom, stairs). There may be differences between the property you are interested in and the Matterport Tour. Please call a friendly member of the shared ownership team should you have any questions on 01403 602 681.
*Homes are sold under the new model lease, and minimum shares are available from 10%. The example share advertised is for indicative purposes.
Important information about this property
- Shared Ownership: yes
- Housing Association rent: £570
- Annual Service Charge: £492
- Council Tax exempt: no
- Council Tax band:
- Tenure: Leasehold, 990 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
Room Dimensions
Entrance Hall
Kitchen / Diner
Cloakroom
Living Room
Outside
Allocated Parking
Rear Garden
Bedroom 1
Bathroom
Bedroom 2
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