2-bedroom flat · PO36 9EB
Listing removedListed 50 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*no deposit option available with this property* New instruction is this ground floor two bedroom apartment close to local amenities.
The accommodation briefly comprises; Good sized lounge, Two bedrooms, Modern kitchen with integrated dishwasher and microwave, Bathroom with walk in shower.
The property benefits from electric heating throughout, decked courtyard garden and boasts allocated parking to the side of the building. It is offered unfurnished and is available soon.
EPC Rating: F (exemption available). Rent excludes the tenancy deposit and any other permitted payments. Deposit payable is £865.00.
A Holding Deposit of £173.00, based on the advertised rent, is required to reserve this property. Council Tax Band A.
Ultrafast Broadband availability, 4G mobile signal likely depending on network, further information regarding broadband options and phone signal can be obtained from the Ofcom broadband and mobile coverage checker.
The two mile coastal walk between Sandown & Shanklin is a popular attraction; choose from the undulating coastal path or the sea wall promenade.
Along the way is the village of Lake, with its quiet sandy beach and water sport centre. Also in Sandown is Dinosaur Isle with life size models and Isle of Wight Zoo famous for its Tiger Sanctuary.
There is also an 18 hole golf course and pitch & putt. Sandown train station links you to Shanklin and the other beach resort of Ryde.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 1, Osborne Villa, 10 Broadway
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