2-bedroom flat · PO35 5UA
For saleListed 244 days
Opportunity summary
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About
Offered for sale chain free, this centrally located apartment is ideal for those seeking an easy to maintain home which is not only a short flat stroll to the village shops and amenities, but also to the local beaches and coastal walks.
Positioned on the first floor of the building, the apartment benefits from its own private entrance and good sized, well arranged accommodation.
This comprises entrance hall with a built in storage cupboard, a front aspect sitting room which leads through to a dining room and a kitchen, and an inner hallway which gives access to 2 double bedrooms and a shower room.
Externally, lawned gardens surround the property which incorporate drying and bin areas, whilst of further advantage is a single en-bloc garage to the rear of the building.
This is a lovely home within a well managed building, which is ideal for those seeking an easy to maintain home which has the village amenities and beaches close at hand, whilst also being on a bus route to the towns of Newport and Ryde.
Entrance Hall A double glazed front door gives access to the private entrance which has a built in storage cupboard, a double glazed window to the side, a radiator and vinyl flooring.
Carpeted stairs to: Hall Double glazed window to the side, fitted carpet and glazed door to: Sitting Room 14' 2'' x 13' 5'' (4.34m x 4.09m) A spacious room with a double glazed window to the front aspect.
Built in storage cupboard housing a Worcester gas boiler. TV point, telephone point, radiator and fitted carpet.
Open through to: Dining Room 8' 3'' x 8' 0'' (2.54m x 2.44m) With a radiator and fitted carpet, and open through to: Kitchen 10' 5'' x 6' 6'' (3.18m x 2m) Fitted with a range of wall and floor units with work surfaces over, an inset sink unit and tiled surrounds.
Fitted electric oven and gas hob with a cooker hood over. Washing machine and space for a fridge freezer. Double glazed window to the side. Vinyl flooring.
Glazed door to: Inner Hall Airing cupboard housing the hot water tank. Vinyl flooring.
Accommodation off: Bedroom 1 13' 8'' x 10' 1'' (4.19m x 3.08m) A double bedroom with a double glazed window to the rear. Deep built in wardrobe. TV point, radiator and fitted carpet.
Access to the loft space. Bedroom 2 10' 7'' x 8' 9'' (3.25m x 2.69m) A double bedroom with a double glazed window to the rear. Telephone point, radiator and fitted carpet.
Shower Room Fitted with a double sized shower cubicle with a glass screen, a wash basin set in a vanity unit and a WC. Obscured double glazed window to the side.
Radiator extractor fan, tiled walls and vinyl flooring. Outside The building is set within communal lawned gardens which are well maintained and surround the property.
There is an area for bin storage and an outside drying area. Garage A single en-bloc garage with an up and over door.
Additional Information Heating: A gas fired boiler provides domestic hot water and heating via panelled radiators. EPC rating: C Council tax band: C Tenure: Leasehold.
Remainder of a 999 year lease from 1981. Maintenance fees: £1020 per annum. Ground rent: Nil MISREPRESENTATION ACT 1967. PROPERTY MISDESCRIPTION ACT 1991.
Turnbull IOW Ltd, for themselves and Vendors of the property, whose agents they are, give notice that these particulars, although believed to be correct, do not constitute any part of an offer or Contract, that all statements contained in these particulars as to this property are made without responsibility and are not relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever to this business.
An intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these
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 Foreland Road, Bembridge, Isle of Wight, PO35 5UA
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