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Residential (land) for sale Nicholson Street, Newport, PO30

Asking price

£385,000

Added on 27/09/2026

Type: Land
Tenure: Freehold

About this property

** Offers and proposals will be considered on a subject to planning permission basis **

Development Opportunity – Land and Buildings at 1 Nicholson Street, Newport, Isle of Wight.

The Site:

Measuring approx. 1.65 acres (0.67 ha) this irregular shaped site consists of the main detached grade II Listed residential building in excess of 3000 sqft, which is boarded up and in need of modernisation, in addition there are number of other single storey out buildings which are also in a dilapidated condition. There is a large amount of foliage on the site that may include invasive plants, we have checked local authority records and there does not appear to be any tree preservation orders, however we advise interested parties to be satisfied by making their own enquires.

Council tax

Ask agent

Per year

Band A

£1,751
Band B

£2,042
Band C

£2,334
Band D

£2,626
Band E

£3,209
Band F

£3,793
Band G

£4,376
Band H

£5,252

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Isle of Wight, 2026/27 bills run from £1,751 a year in band A to £5,252 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Isle of Wight, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Nicholson Street, Newport, PO30

Open map Street View

Mortgage and stamp duty

Property price £385,000

£192k £578k

Deposit10% £39,000

£0 £385k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £346,000 mortgage. Most lenders would want a household income of about £77,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
6, Nicholson Street Terraced	Terraced	Sept 2025	667 sq ft £265/sq ft	667 sq ft	£265	£177,000
6, Nicholson Street Terraced	Terraced	Sept 2022	667 sq ft £273/sq ft	667 sq ft	£273	£182,000
5, Nicholson Street Terraced	Terraced	Jul 2021	710 sq ft £211/sq ft	710 sq ft	£211	£150,000
2, Nicholson Street Terraced	Terraced	Jul 2021	635 sq ft £228/sq ft	635 sq ft	£228	£145,000
14, Nicholson Street Terraced	Terraced	Jun 2020	818 sq ft £226/sq ft	818 sq ft	£226	£185,000
5, Nicholson Street Terraced	Terraced	Dec 2015	710 sq ft £176/sq ft	710 sq ft	£176	£125,000
6, Nicholson Street Terraced	Terraced	Apr 2015	667 sq ft £178/sq ft	667 sq ft	£178	£118,500
2, Nicholson Street Terraced	Terraced	Mar 2015	635 sq ft £197/sq ft	635 sq ft	£197	£125,000