2-bedroom terraced house · PO33 1GF
Sold STCListed 307 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Found in the desirable West Acre Park area of Ryde, this nearly new end terrace house, built in 2021, presents a fantastic opportunity for those seeking a modern and comfortable home.
With a shared ownership of 75%, this property is ideal for first-time buyers or those looking to downsize.
The remaining share owned by Capture Housing attracts a rent of £118.76 per month and the successful buyer will need to meet Capture's criteria.
The interior is beautifully presented, offering a welcoming atmosphere throughout.
The spacious lounge provides a perfect setting for relaxation and entertainment, flowing effortlessly into the kitchen/diner.
This area is designed for both functionality and style, featuring double doors that open up to the west-facing garden, allowing for a seamless transition between indoor and outdoor living.
The garden is a delightful space, perfect for enjoying the evening sun.
On the ground floor, you will also find a convenient cloakroom w.c and a practical utility room, adding to the overall functionality of the home.
The property boasts two well-proportioned bedrooms, providing ample space for rest and privacy. Parking is a breeze with space for two vehicles conveniently located adjacent to the house.
This end terrace home not only offers modern living but also the charm of a community setting in Ryde. With its attractive features and prime location, this property is not to be missed.
Entrance Lobby - Lounge - 3.91m x 3.45m (12'10" x 11'4") - Built-In Storage - Kitchen/Diner - 3.61m x 3.10m (11'10" x 10'2") - Utility Room - 1.68m x 1.35m (5'6" x 4'5") - Cloakroom W.C.
- Landing - Loft Access Built-In Storage - Bedroom 1 - 3.43m plus wardroe x 3.28m max (11'3" plus wardroe - Bedroom 2 - 4.47m x 2.49m (14'8" x 8'2") - Bathroom - 1.91m x 2.18m (6'3" x 7'2") - Gardens - A laurel hedge sits along the front boundary of the lawned frontage A gated side access leads to the rear garden.
This west facing garden attracts the Sun into the evening. It is mainly laid to lawn and framed by shrub borders and fence boundaries.
A patio sits off the kitchen/diner accessed via its double glazed double doors. Garden tap. Parking - Two allocated parking spaces to the side of the house. Tenure - Leasehold tenure.
125 years from 17/6/2021. 120 years remaining.
Council Tax - Band B 75% Shared Ownership - A 75% share is for sale with the 25% share being owned by Capture Housing attracting a monthly rent of £118.76.
A further £400 per annum is payable to the managing agent maintaining all the communal parts of the development including the road. Flood Risk - Very Low Risk Construction Type - Brick elevations.
Clay tile roof. Cavity walls. Mobile Coverage - Limited Coverage: O2 & Vodafone Broadband Connectivity - Openreach & Wightfibre Networks. Up to Ultrafast available.
Services - Unconfirmed gas, electric, water and drainage.
Agents Note - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you.
None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you.
Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.
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.
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About West Acre Park - Ryde
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