3-bedroom detached house · PO33 3SP
Sold STCListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented three bedroom bungalow is situated in a popular road close to local amenities. The property benefits from UPVC double glazing, gas central heating and is ready to move into.
There is a garage and driveway parking. Chain free. Covered entrance with UPVC double glazed front door to: Hall: "L" Shaped reception area with UPVC double glazed window to the side.
Doors to all rooms. Access to the loft. Radiator. Cupboard housing boiler.
Kitchen: 10'7" x 10'0" (3.23m x 3.05m) Well presented kitchen with a range of floor and wall units with easy wipe work surfaces. Sink unit with mixer tap and UPVC double glazed window above.
Inset cooker, hob and extractor. Plumbing for a washing machine and dishwasher. Space for fridge freezer. Built-in larder. UPVC doubleglazed door to outside.
Lounge/Diner 17'10" x 12'0" (5.44m x 3.66m) Large room with UPVC double glazed windows to the front and side providing lots of natural light. Space for sofas, armchairs, tv, table and chairs.
Radiator. Bedroom One: 14'9" x 8'10" (4.50m x 2.69m) Double bedroom with UPVC double glazed window to the rear. Radiator.
Bedroom Two: 11'9" x 11'3" (3.58m x 3.43m) A second double bedroom with UPVC double glazed window to the front. Radiator.
Bedroom Three: 10'0" x 9'6" (3.05m x 2.90m) A very useful third bedroom with sliding UPVC double glazed door leading to the garden. Radiator. Shower Room: Large freestanding shower cubicle.
Pedestal wash hand basin. Low level WC. Heated towel. Two UPVC double glazed windows to the side. Garden: Lawns to the front and rear. Garage: With power and light. Driveway parking.
Tenure: Freehold EPC: D Council Tax Band: D
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.
Area
Agent & docs
FAQ
About Verwood Drive, Ryde, Isle Of Wight, PO33
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