3-bedroom semi-detached house · PO40 9JT
Listing removedListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Semi detached three bedroom house with a large garden plot situated moments from the centre of Freshwater.
Comprising entrance hall, spacious living room currently utilised as a downstairs bedroom, dining room with large understairs cupboard, and kitchen which has garden access on the ground floor.
Upstairs are two double bedrooms, a third single room ideal for use as a home office, and a family bathroom.
Externally there is a large sunny rear garden mostly laid to lawn with a patio seating area and gated side access.
Cromla sits on the High Street in Freshwater, just moments away from a range of independant shops and cafes, as well as a primary school, doctors surgery, village library and sports centre.
There are three beautiful beaches close by, Freshwater Bay, Colwell Bay and Totland Bay, which all have their own waterside restaurants.
The pretty harbour town of Yarmouth is within a 10 minutes drive and provides boutique shops and eateries as well as a mainland link via car ferry to Lymington.
Tenure Freehold Council Tax Band C Hall Lounge 3.66m x 3.66m Dining Room 3.66m x 3.35m Kitchen 3.33m x 2.97m Bedroom 1 3.76m x 3.66m Bedroom 2 3.35m x 2.7m Bedroom 3 2.4m x 1.68m Bathroom 3.33m x 1.37m NB.
Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 plus VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 High Street, Freshwater, Isle of Wight
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