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See how verdicts work2-bedroom flat · PO33 1NU
Sold STCListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IMPRESSIVE MAISONETTE IN QUIET APPLEY LOCATION!
An impressive GROUND FLOOR residence with own private entrance, ideally situated in a quiet cul-de-sac on the outskirts of town and a stroll away from the golden sands of Ryde.
Beautifully presented in neutral decor throughout, this well maintained home is READY TO MOVE INTO.
The accommodation comprises 2 BEDROOMS, a modern fitted kitchen, sitting room, bright sun room, and a private SOUTH FACING GARDEN, perfect for relaxing or entertaining.
Further benefits include DOUBLE GLAZING throughout, a private entrance with no communal areas, and a GARAGE en bloc.
Ideally positioned just minutes from Ryde's sandy beaches, mainland transport links, town centre amenities, and a variety of popular cafes and restaurants, the property offers both convenience and an enviable coastal lifestyle.
Offered to the market CHAIN FREE, this delightful maisonette represents an excellent opportunity for first time buyers, those looking to downsize for retirement, or investors seeking a desirable addition to their portfolio.
Accommodation: - PVC front door with obscured glass entering to: Porch: - Entrance porch with wood effect floor and storage cupboard housing electric fuse box. Ceiling light.
Door to: Sitting Room: - A newly carpeted sitting room with large double glazed window to front providing ample natural light. Ceiling and wall lights x 2. Electric heater.
Sliding glazed doors to: Hallway: - A carpeted hallway with doors to all rooms. Large storage cupboard and another cupboard housing hot water cylinder. Ceiling light.
Archway to: Kitchen: - A fitted kitchen with white cabinetry, modern worktops and metro tiled splashbacks. Chrome sink and drainer. Space for fridge/freezer, washing machine or dishwasher and cooker.
Strip ceiling lighting. Tiled flooring. Electric heater. Extractor. Door to: Sun Room: - A bright and useful space with tiled flooring. Space and plumbing for washing machine. Wall light.
Door to garden. Bedroom 1: - A spacious carpeted double bedroom with double glazed window to front aspect. Ceiling light. Electric heater.
Bedroom 2: - A second carpeted bedroom with window to rear and French doors leading to garden. Ceiling light. Electric heater.
Shower Room: - A fully tiled suite comprising walk in corner shower with rainfall and handheld attachments, wash hand basin with chrome mixer tap and w.c. Obscured double glazed window to rear.
Heated towel rail. Extractor. Garden: - A low maintenance private south facing garden, with plant and shrub borders - the perfect spot for al fresco dining and relaxing.
The space benefits from a shed with power and plumbing/space for a washing machine. Greenhouse. Garage: - A garage (en bloc) with up and over door.
Tenure: - Leasehold: 999 Yrs From 2015 = 988 Yrs Remaining Share of Freehold: 50/50 Ground Rent: £0 Other Property Facts: - Conservation Area: No Flood Risk: Very Low Council Tax Band: B EPC Rating: D Seller's situation: No Onward Chain Disclaimer: - Floor plan and measurements are approximate and not to scale.
We have not tested any appliances or systems, and our description should not be taken as a guarantee that these are in working order.
None of these statements contained in these details are to be relied upon as statements of fact.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Grasmere Avenue, Appley, Ryde, PO33 1NU
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