1-bedroom house · PO31 8LL
For saleListed 137 days
Opportunity summary
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About
Super opportunity to purchase an existing chalet plus garden room or plot with planning permission at Shore Path in the seaside village of Gurnard, just moments walk from Gurnard Green and the busy local sailing club.
Planning Application: 23/02162/ful Plot/investment opportunity A Rare Opportunity Arises in the super location of Shore Path in Gurnard with front row views of the legendary Gurnard sunsets!
Two options available, either keep the current chalet and outbuildings 'as is' and connect services, or build out the new chalet with the planning permission that's been granted with Planning Application: 23/02162/ful Plot With Planning Permission Located at Shore Path in the coastal village of Gurnard tucked away backing on to serene woodland making it secluded, private and unique.
Within a few minutes walk are the busy local sailing club with the legendary row of forest green beach huts nestled between the village green and local pebbly beach overlooking Gurnard Bay.
The popular 'local' The Woodvale pub is a 2 minute stroll away, and a little walk up along 'Winding Way' takes you to a convenience store together with the village hall, church and popular Gurnard Press.
A lovely 25 minutes stroll along the esplanade bring bring you to the sailing town of Cowes and the high speed foot passenger service for connections to Southampton for rail routes to London and beyond.
The Options Option 1: Take down existing structures (2) and build the proposed detached chalet, which has planning permission in place for a 'upside down' dwelling, giving views from the first floor over the roof of number 6, with open plan living space with kitchen upstairs and 2 bedrooms and a shower-room on the ground level.
Small Courtyard, with own access from Shore Path along the side of number 6. Services will not be connected but are in the vicinity- gas, electric, water.
Tcp option 2: Renovate the two existing wooden structures, the larger of the two- Beach Cottage measures 27m2, The Garden Chalet measures 16.6 m2.
All services would need to be re-instated with own metres and services. Currently Beach Cottage has one good sized double bedroom, a bathroom with bath, overhead shower, basin and wc.
The compact kitchen has an integrated oven and 4 ring gas hob with space and plumbing for a washing machine, room for a breakfast table.
The Garden Chalet is currently being used as a storage facility but has been designed as an open plan bedroom/living/kitchenette with separate shower room.
Further Information The plot is currently connected via No 6 to utilities- electric, gas, water- these will be disconnected at point of sale and the new owner will need to arrange for these to be re-installed for it's own use.
There is currently no connection to mains drainage.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About The Beach House, 6a, Shore Path, Shore Road, Gurnard
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