2-bedroom bungalow · PO36 9JA
For saleListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious two bedroom detached bungalow is situated in a popular location within a level walking distance of the shops and amenities that Lake has to offer.
The property benefits from UPVC double glazing and gas central heating, a good sized garden and a large driveway.
1/2 glazed front door with glazed side panels to: Entrance Porch: With glazed door to: Entrance Hallway: Built in cupboard housing gas fired boiler. Loft access. Radiator.
Lounge: 14'8" x 13'2" (4.47m x 4.01m) The focal point to the room is a living flame fire set into wooden surround with tiled backing and hearth. Radiator. Double glazed window to front.
Opening to: Dining Room: 8'6" x 7'0" (2.59m x 2.13m) UPVC double glazed French doors to garden. Plenty of space for the family table and chairs. Radiator.
Kitchen: 12'0" x 7'0" (3.66m x 2.13m) A range of fitted base and wall units with built in drawers and work surfaces. Sink unit. Tiled splashbacks. Double glazed window to the rear.
Door to: Conservatory/Utility: 7'0" x 7'0" (2.13m x 2.13m) With plumbing for a washing machine. Double glazed door to the garden.
Bedroom One: 13'0" x 9'10" (3.96m x 3.00m) Double glazed window to the front. Radiator. Bedroom Two: 9'10" x 9'10 (3.00m x 3.00m) Double glazed window to the rear. Radiator.
Shower Room: With walk in shower cubicle, pedestal wash hand basin and low level WC. Double glazed window to the side. Radiator.
Outside Large block paviour driveway providing plenty of parking and a lawned area with shrubs and bushes.
Secluded rear garden laid to lawn with patio area, flower beds and borders and two timber sheds. Storage to the side with gate to front. Outside tap. Tenure: Freehold EPC: D Council Tax Band: C
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 Manor Road, Lake, Isle Of Wight
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