3-bedroom bungalow · PO37 7EJ
For saleListed 366 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered chain free, a superb detached individual chalet bungalow occupying a non-estate location and being just under 1 mile from the town centre and about a 1/2 mile from the local supermarkets.
The accommodation has been upgraded and extended in recent years and benefits include gas fired central heating and replacement uPVC double glazed windows.
Outside there is parking for 2 cars and an enclosed garden to the rear with a feature wooden deck area. We would recommend an internal viewing to fully appreciate the property.
It comprises: Ground Floor - Recessed entrance with front door to Entrance Hall - With understairs storage cupboard Bedroom Two - 4.09m into bay x 3.61m (13'5 into bay x 11'10) - Bedroom Three - 3.33m x 3.33m (10'11 x 10'11) - Shower Room - With walk-in shower, wash basin, WC & heated towel rail.
Lounge/Diner Area - 5.94m x 3.30m (19'6 x 10'10) - With feature lantern roof and french doors to the rear. L-shaped open plan lounge/diner & kitchen.
Kitchen Area - 3.30m x 3.33m (10'10 x 10'11) - With electric hob, oven with extractor over. Integrated washing machine, dishwasher and fridge freezer. Cupboard housing gas fired boiler.
Stairs leading to First Floor - With under eaves storage and ideal for desk and chair area.
Bedroom One - 3.18m x 4.22m (10'5 x 13'10) - With Velux window, background countryside views and sloping ceiling. Bathroom - With bath, vanity wash basin and WC. Heated towel rail.
Velux windows and sloping ceiling. Outside - Block paved hard standing providing parking for two cars.
Moderate front garden and to the rear there is an enclosed garden with feature raised decked terrace with the remainder of the garden being laid to lawn from the shed.
Services - All mains are available Tenure - Freehold Council Tax - Band D
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
About Whitecross Lane, Shanklin
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