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Auction House UK · 21 Oct 2026 · in 2 days

Grade II Listed Mid-Terrace Mixed Use Freehold Investment Property - Comprising 2x Commercial Units and 6x Flats

29 & 29A High Street, Newport, Isle Of Wight, PO30 1SS · South East

LiveMixed-useLet

Grade II Listed Mid-Terrace Mixed Use Freehold Investment Property - Comprising 2x Commercial Units and 6x Flats
Guide
£575,000
Rent a year
£18,000
Yield on the guide
3.1%
Payback
32 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
B
Size
5,640 sq ft£3.19 rent per sq ft

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

The cost breakdown and net yield: included with access, £49 a month. Start with a free account.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

  1. A
  2. B
  3. C
  4. D
  5. E
  6. F
  7. G

B as stated in the lot details. Check the certificate in the legal pack. Meets today's minimum for letting commercial property in England and Wales (E or better).

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

Auction House UK's record

Auction House UK's results: included with access, £49 a month. Start with a free account.

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About the lot

Mixed use lot in Newport. Producing £18,000 a year, a 3.1% gross yield at the guide.

Lot 14, 9 Bed Mixed Use. Grade II Listed Mid-Terrace Mixed Use Freehold Investment Property - Comprising 2x Commercial Units and 6x Flats: Grade II listed, mid-terrace mixed use, freehold property, comprising 2x commercial units and 6 self contained flats. The Auctioneers have not been able to inspect the property, therefore, are unable to confirm the condition of 29 & 29a High Street, Newport Situation Situated in the centre of Newport, Isle of Wight, the property occupies a prominent position within one of the town’s principal commercial and retail areas. NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU HAVE READ THE LEGAL PACK AND SPECIAL CONDITIONS THOROUGHLY Tenure - Freehold Rateable Value 29a - £6,900 29b - £8,500 Council Tax Flats 1 & 2 - Band A Flats 3, 4, 5 & 6 - Band B EPC Rating 29 High Street - C 29a High Street - B Flats 1, 2, 3, 5 & 6 - C Flat 4 - TBC. Lot Type: Mixed Use Grade II Listed Freehold Property. Accommodation: The Auctioneers have been informed of the following accommodation and sizes: 29 High Street Commercial Premises – 58.6sqm / 630sq ft 29a High Street Commercial Premises – 97.5sqm / 1,049sq ft Ground Floor Flat 1 – 1 bedroom, kitchen/lounge/dining, bathroom – 36.6sqm / 393sq ft First Floor Flat 2 – 1 bedroom, kitchen/lounge/dining, bathroom – 52.4sqm / 564sq ft First Floor Flat 3 – 2 bedroom, kitchen/dining, lounge, bathroom – 11.8sqm / 1,203sq ft Second Floor Flat 4 – 2 bedroom, lounge/kitchen/dining, bathroom – 64.2sqm / 691sq ft Second Floor Flat 5 – 1 bedroom, lounge/kitchen/dining, bathroom – 61.9sqm / 665sq ft First & Second Floor Flat 6 – 2 bedroom, lounge/kitchen/dining, ensuite, bathroom – 41sqm / 441sq ft Total Approximate Floor Area – 524sqm / 5,640sq ft. Tenancy: The auctioneers have been informed of the following information: 29 High street commercial unit is vacant 29a High Street commercial unit is occupied and let at a rent of £18,000 per annum exclusive. The auctioneers have not had sight or been informed of the full lease terms. Ground Floor Flat 1 is vacant The remaining 5 x flats are tenanted. The auctioneers have not had sight or been informed of the tenancy terms or rental figures

Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.