3-bedroom bungalow · PO33 4LZ
For saleReduced £40k (−10.3%) on 17 OctListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This substantial family home in Wootton comes with a very long rear garden with building plot that has planning permission in place for a 2 bedroom, detached bungalow to be built offering an excellent investment opportunity for the right buyer.
(Effective pricing is £325,000 for the house and £100,000 for the plot but being sold as one)The main house is a good size and even has a large conservatory extension.
The layout comprises a comfortable lounge with log burner as well as a large open plan kitchen and dining area (also with a log burner), a separate utility room and WC plus the large conservatory to the ground floor.
(The utility and WC offer a perfect opportunity to create a 2nd bathroom) The upper floor offers 2 double bedrooms plus one smaller bedroom and the family bathroom.
The house is in need of some modernising throughout but does have gas central heating and double glazing in place.
Parking for the property is currently at the rear accessed via a small private lane to the side. The large conservatory leads out into a substantial patio area and on into the large garden.
The property is ideally placed for easy access to local schools with both Ryde and Newport main bus routes passing close by.
Freehold Council tax band: C Lounge (3.66m x 3.66m) Open Plan Kitchen/Dining (6.7m x 4m) Conservatory (5.72m x 4.04m) Bedroom 1 (4m x 3.66m) Bedroom 2 (3.68m x 3.66m) Bedroom 3 (3.25m x 2m)
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 159, High Street, Ryde
Explore nearby