3-bedroom flat · PO36 8FE
For saleReduced £15k (−3.2%) on 21 JunListed 434 days
Opportunity summary
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About
A beautifully finished three-bedroom apartment within the prestigious Breakwaters development - a luxury new-build project set directly on the beachfront, enjoying breathtaking panoramic views of the sea and surrounding countryside and Balcony.
A beautifully finished three-bedroom apartment within the prestigious Breakwaters development - a luxury new-build project set directly on the beachfront, enjoying breathtaking panoramic views of the sea and surrounding countryside and Balcony.
About Breakwaters Breakwaters is an exclusive collection of luxury apartments, townhouses, and penthouses, created by a highly regarded local developer renowned for exceptional design and meticulous attention to detail.
Each property benefits from secure parking, lift access, and shared cycle and bin storage facilities and is hoped will form the basis of a community with the amenity space / coffee shop commercial space below.
Key Features •Brand new two-bedroom apartment •Stunning sea views & beach access •Spacious open-plan kitchen/living area with substantial Roof Terrace •Principal Bedroom + Two additional Bedrooms •Underfloor heating & high-spec finishes throughout •Allocated parking & lift access •Convenient video entry system •Pets and holiday letting permitted •Approx.
1227 sq ft of gross internal area •Offered with a long lease of 999 years from completion •Service charge: £1,771.00 per annum •Peace of mind with a 10-Year Q Assure Building Warranty Location Set in a prime coastal position with direct access across the esplanade to award-winning beaches, Breakwaters combines the peace of island life with excellent transport links across the island and to the mainland.
Ideal for those looking for a permanent home, holiday retreat, or investment opportunity. Services Mains electricity, water and drainage.
Heating is provided by gas fired boiler and delivered via underfloor heating. Tenure The property is offered with leasehold with the balance of a long 999 year lease from completion.
Service Charges An annual charge of £1,771.00 covers building insurance, maintenance, communal areas and lighting including the car park and any management fees.
Postcode PO36 8FE Viewings Strictly by prior arrangement with Spence Willard.
(Partnering with Property Manager Loren Allen) note: Some of the internal pictures are generic and taken of the furnished show apartment. Layouts differ but the finish and spec are the same.
Important Notice 1. Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 10 Breakwaters, 1 Breakwater Way, Sandown
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