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See how verdicts work4-bedroom property · PO35 5NS
For saleReduced £85k (−32.7%) on 26 OctListed 269 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This former yacht which was built by Souters for Sir Max Aitken and now sits proudly on the shore at Bembridge Harbour amongst the house boats.
This unique home has everything you would want for modern day living, including: central heating, an en-suite to the master bedroom, triple glazing and a fitted kitchen.
Blue Max remains true to his origins by retaining the original nautical instruments and features.
The yacht is constructed in traditional fashion using layered teak which has been laminated on the hull.
There are three top decks, one of which is elevated and could be used as a quiet place to sit and enjoy warm summer days.
The upper deck currently provides a bright spacious lounge with 360' degree windows and a sliding door out to the stern commanding the best view of the entrance to the harbour, with unrestricted views across the Solent to the mainland.
Below deck are four bedrooms (two doubles and two singles) and a study/nook along with a family bathroom and an en-suite to the captain's quarters (master bedroom).
A fitted kitchen and generous family bathroom completes the accommodation. The property would also be a great business opportunity as an holiday let. Full insurance survey available.
Living Room: 16'09 x 11'05 (5.11m x 3.48m) Kitchen: 6'09 x 7'02 (2.06m x 2.18m) Bathroom: Bedroom Two: 11'09 x 6'09 (3.58m x 2.06m) Master Bedroom: 13'09 x 11'03 (4.19m x 3.43m) Ensuite Shower Room: Bedroom Three: 6'05 x 6'03 (1.96m x 1.91m) Bedroom Four: Study Area: Hull/ Former Engine Room: Workshop: Located on the foreshore, it is fully insulated and benefits from power, lighting water supply.
Plenty of potential for use as a studio/chalet. Tenure: Leasehold with approximately 80 years remaining. Council Tax: A
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 Embankment Road, Bembridge, Isle Of Wight, PO35
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