3-bedroom bungalow · PO30 1PH
For saleReduced £20k (−5.7%) on 30 SepListed 470 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious bungalow with three bedrooms and two bath/shower rooms, balcony off the open plan sitting/dining/kitchen space that looks out to a beautiful rural vista.
There is a long garden, patio and multiple garden storage areas as well as off road parking for two vehicles and the bonus of being chain free.
A Three Bedroom Bungalow Close To The Castle This deceptively spacious bungalow has two bath/shower rooms, dining area, an open plan kitchen and sitting room with double doors opening onto a balcony.
There is off road parking for 2 vehicles and a glorious rear garden reaching out to allotments as well as views of the Church and this pretty area of Carisbrooke.
Interior This 1930's home still has a wealth of original features including the entrance door and some internal doors.
Extended in 2016 to the rear of the property and with the addition of a loft room, this property has lots of storage space inside and out.
The hallway leads off to two large double bedrooms and has a third bedroom, which is currently purposed as a study. This room has concertina doors through to a modern shower room.
There is a family bathroom with a bath and over head shower, wc and basin.
An open plan dining, sitting and kitchen is a bright and relaxing space with the views out to the garden and has sunlight flooding in through the double patio doors.
The kitchen has cream wall and base units with a wooden worksurface and colourful tiles as a splashback, there is space and plumbing for a washing machine, dishwasher and tall fridge freezer.
The dining room can be shut off via the dividing doors and it also has a feature fireplace.
Loft Room: Within the hallway, this additional space is accessed via a pull down loft ladder and has two Velux windows, power, light and under eaves storage.
Exterior A block paved area at the front of the property has room for two vehicles and steps lead down to the entrance door, passing the front garden that is grassed with mature plants and shrubs.
The rear garden can be accessed from the side passageway, through a secure high gate, as well as from the sitting room which has double patio doors opening onto a metal balcony.
This has a staircase leading down to the patio area that is adjacent to the large storage room beneath the main building.
The well maintained garden is a delight of mature flowers, trees and lawn which contains a summer house and garden store.
This peaceful and calming area is a wonderful space to relax and enjoy the bird song, as well as having lovely views to the nearby church and countryside. Newport, Carisbrooke The Island's capital.
With all the major amenities including supermarkets, shops, The Isle of Wight College for further education, cinema, entertainment venues, bars and restaurants as well as St Marys hospital.
There are great road and bus route links to the rest of the Island with its almost central location.
Carisbrooke Castle dates from the 12th century with its most renowned resident being King Charles 1st who was held prisoner here.
Now famous for the donkeys who raise water from the well and being a popular tourist attraction run by English Heritage.
Further Information Tenure: Freehold EPC: C Council tax band: D Mains water, gas, electric and sewerage Broadband predicted max: Download and Upload 900 mbps Double glazed throughout
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 6, Castle Lane, Newport
Explore nearby