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See how verdicts work1-bedroom bungalow · PO30 1LA
For saleListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A recently converted one bedroom single-storey home, finished to a high standard throughout offering modern lateral living in the heart of Newport.
The property has been beautifully designed and expertly converted to create a characterful one-bedroom dwelling, featuring high ceilings with beam detailing, contemporary grey windows, brand new fixtures and fittings and fresh white décor throughout.
Accommodation comprises a welcoming entrance hall, open plan kitchen and living room, spacious bedroom with built in storage and a well-appointed shower room.
The property also comes with the added benefit of an outside space and a private parking space.
As it stands the property is being sold with a current tenant in situ who is paying £875 pcm which is a 7% yield, although as of July the property will be vacant so the property will also appeal to buyers looking for home to live in.
Langley Court is tucked away between the High Street and Pyle Street, in a prime location for access to the many amenities that Newport has to offer.
The town centre is on the doorstep and offers an array of shops and supermarkets, cafes, bars and restaurants, and a cinema.
Island bus services connect in Newport town centre and link to other major towns of the Island and intermediate villages, and mainland ferry links are located just a short drive away in Cowes and Ryde.
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 4 Langley Court,, Pyle Street, Isle of Wight
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