2-bedroom flat · PO33 1TA
For saleReduced £10k (−5%) on 10 OctListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and well-presented two-bedroom ground floor flat is offered chain free, making it an ideal purchase for first-time buyers, downsizers or as a second home.
The property features a generous living room, providing plenty of space for both relaxing and entertaining.
The well-proportioned accommodation includes two good-sized bedrooms, with the principal bedroom benefiting from a private en-suite, alongside a separate family bathroom for added convenience.
Externally, the property enjoys a private patio area, perfect for outdoor seating, as well as residents’ parking.
Situated in the sought-after village of St Helens, the flat is just a short distance from the picturesque harbour, local amenities, and beautiful coastal walks, offering a wonderful blend of village charm and seaside living.
Entrance Hall Living Room (6m x 4.8m) Kitchen (3m x 2.3m) Bedroom 1 (5m x 3m) En-Suite Bedroom 2 (3.8m x 2.2m) Bathroom Service Charge £1,487.97 per annum which includes the £25 Ground Rent Lease 999 years from 1996 Please Note Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 Plus VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection insurance to protect against the cost of an abortive purchase.
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 12, Nelsons Quay, Ryde
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