3-bedroom house · PO33 1NG
For saleReduced £25k (−7.1%) on 9 SepListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market 'chain free' is this 3 bedroom, semi-detached home located in the sought after Marina Avenue in Appley, just a short stroll from the beautiful sandy beach.
The house sits on a very large plot with extensive gardens to the side and rear and the sale includes pre-planning for a detached property to be erected on the left hand side of the plot if required.
(subject to full planning permission). The house has its own drive and garage to the side with a sizeable front garden in addition to the rear one.
Internally there is need for modernisation with the layout comprising a good size living room, a separate dining room and kitchen to the ground floor.
Both the front and back entrances have useful porches too. The upper floor layout offers 2 double bedrooms, 1 smaller bedroom and the bathroom.
The property benefits from double glazing and electric heaters. The large garden to the side and rear is very well-kept with a large lawned area alongside mature trees and shrubs.
A shortcut through to Appley Park and the sandy beach beyond is close by with the main town centre and seafront in Ryde also within easy reach.
Main bus routes toward Ryde and Sandown also pass nearby.
This property in a sought after location offers the buyer a chance to put their 'own stamp' on a family home with a very large garden or perhaps take the opportunity to develop the plot and pursue the next stage of planning in addition to the current pre-planning in place.
(all pre-planning docs available for inspection) Freehold Council tax band: D
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 26, Marina Avenue, Isle of Wight
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