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See how verdicts work3-bedroom terraced house · PO33 2TY
Listing removedListed 278 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, end of terrace house located in central Ryde close to main bus routes and the train station.
The property requires complete refurbishment and modernisation throughout but does come with a good size rear garden.
The layout comprises a good size bay fronted lounge plus a kitchen diner with pantry and even a spare WC to the ground floor.
The upper floor has 2 good size double bedrooms, 1 single bedroom plus the bathroom. The back door from the kitchen leads out into the stepped rear garden.
To the front there is street parking available. The house does have double glazing but will require upgrades to this and a modern heating system added.
This would make an ideal project to convert into a modern family home or even as an investment property to add value to and sell on.
LEASEHOLD: 999 years from 25 December 1926 (899 years remaining) GROUND RENT: TBA COUNCIL TAX BAND: C Living Room 3.94m x 3.86m Kitchen Diner 5.64m x 3.7m Bedroom 1 3.94m x 3.33m Bedroom 2 3.7m x 3.18m Bedroom 3 2.44m x 2.34m
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 Quarry Road, Ryde, Isle of Wight, PO33
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