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Nunnery Lane, Newport

Key features

  • HALF AN ACRE WITH SUBSTANTIAL BARN IN SITU
  • NEIGHBOURING THE DEER FARM
  • GORGEOUS SEMI RURAL LOCATION, YET CLOSE TO TOWN
  • BEAUTIFUL, MATURE GARDENS
  • WONDERFUL OPPORTUNITY
  • RIPE FOR CONVERSION (SUBJECT TO PERMISSIONS)

Description

BEAUTIFUL LOCATION! A fabulous opportunity to buy a rural, yet conveniently positioned unconverted barn set in approximately half an acre of pretty grounds. Potential to convert to residential accommodation or a wide range of other potential uses subject to permissions.

Beautifully positioned in a gorgeous semi rural area (yet minutes from Newport town centre), this attractive piece of land measures just over half an acre (0.21 acres) and has a handsome brick built barn in situ. Offering exciting potential, the land borders the deer farm giving a super outlook (and some very inquisitive neighbours!). The barn itself is of a substantial brick construction, arranged over two levels and currently has a corrugated steel roof. The owner applied to the Isle of Wight Council Planning Department under application number 24/01591/3QPA for prior approval to convert the barn into residential accommodation. He was on that occasion unsuccessful mainly, it would seem, as it was stated the proposed conversion would, by a very small margin, not currently meet national minimum space standards. Provisional plans have since been drafted showing a potentially extended version of the proposal which might be seen more favourably.
Suitable for a wide range of other uses as well as potential redevelopment (subject to permissions), this is a rare opportunity not to be missed!

Brochures

Nunnery Lane, NewportBrochure
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Nunnery Lane, Newport

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About Megan Baker Estate Agents, Cowes

128 High Street, Cowes, PO31 7AY
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This thriving estate agency which handles property sales right across the Isle of Wight offers a breath of fresh air with its innovative marketing strategies, unrivalled customer service and team of truly individual sales people.

Megan says:

"The best estate agents have a thorough technical knowledge of property; the local area and conveyancing as well as being fussy perfectionists with a camera and putting as much effort into the preparation of property particulars as writing an A-grade essay. They are a hand to hold and the voice of reason when things are getting rocky and the people who should joyfully dance with you when you finally collect the keys to your new house. They should, above all, care deeply about you the customer and your home.

I'm blessed to have an office full of these wonderful people - how lucky am I?"

Affordability

Monthly repayments£803
Property: £ 160,000
Deposit: £ 16,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 34330016. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Megan Baker Estate Agents, Cowes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Megan Baker Estate Agents, Cowes on 01983 212601.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

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