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See how verdicts work1-bedroom flat · PO38 1NP
For saleReduced £16k (−13.9%) on 8 OctListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the top floor of the Kingseat building on St. Boniface Road, this one-bedroom apartment presents an excellent opportunity for buyers seeking a renovation project in the popular of Ventnor.
The accommodation comprises a lounge, separate kitchen, double bedroom, bathroom and a store room on the half balcony, offering a practical layout with plenty of scope to modernise and add value.
Requiring refurbishment throughout, the property is ideal for investors, first-time buyers looking to create their own home, or those seeking a holiday retreat by the sea.
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
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FAQ
About Flat 4, Kingseat,, St. Boniface Road, Isle of Wight
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