3-bedroom flat · PO30 3BY
For saleListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful and deceptively spacious character home in one of the most iconic, landmark developments on the Isle of Wight.
Located in the most rural of settings, this property is available for sale still in 'show home' condition throughout, meaning that the most stressful thing you'll need to do upon moving here is to decide where to put your furniture and television!
Gatcombe Manor is truly a unique location, offering a mixture of renovated late Victorian buildings and new homes.
Positioned within a unique 'Parkland' style setting in a beautifully quiet and private gated community, Gatcombe Manor is all but a short drive away from the practical amenities of the Islands' capital town, Newport.
Spacious, bright and light filled accommodation comprises lounge/diner, kitchen/breakfast, a Master with En-suite and two further bedrooms and a family bathroom.
As for outside, there is a wonderful area to enjoy, which is estimated at 24 acres of communal grounds.
The development also benefits from stunning grounds that are for the exclusive use of the residents and their family and friends when they visit.
The property offers allocated parking space x 1 and visitors car parking area.
This location offers a well-balanced lifestyle between Town and Country with the Islands' capital of Newport all but a five-minute drive away.
With many outstanding foot and bridle paths nearby, this location provides ample walking and riding opportunities.
Nearby Rookley is a popular village and offers several practical amenities including a village shop, pub and restaurant at the Country Park and another pub 'The Chequers Inn' is a short distance from the village.
In summary, this is a fantastic opportunity for those who are searching for the best of both worlds, as this peaceful location provides easy access to all the conveniences and amenities that Newport has to offer.
A superb range of supermarkets, high street shops, coffee shops, eateries and pubs are all on hand supported by hospital, doctor surgeries, dental practices and much, much more!
Local Authority - Isle of Wight Council Council Tax Band - D Tenure - Leasehold GROUND FLOOR Communal Entrance Stairs to First Floor Communal Landing Entrance Hall Living Room/Diner 16'5 x 14'5 Kitchen 12'3 x 8'4 Bedroom 1 14'4 x 11'5 En-Suite Shower Room 10'10 x 5'9 Bedroom 2 11'9 x 9'9 Bedroom 3 11'10 x 8'10 Bathroom OUTSIDE Communal Grounds 1 x Allocated Parking Space Visitors Parking
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
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FAQ
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