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See how verdicts work4-bedroom house · PO36 0LN
Listing removedListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coming to the market 'chain free', this 4 bedroom home is located in a quiet cul-de-sac in Apse Heath, Sandown and within easy reach of all the amenities of Lake.
The house offers ample parking for up to 3 cars on its large frontage as well as having a garage just a few metres away (new garage roof with gurantee until 2040) .
The large open plan lounge and kitchen area provide ideal living space for the larger family with access out from the lounge into the well enclosed and extended garden to the rear.
There are 2 bedrooms on the ground floor level along with 2 larger bedrooms and the family bathroom on the upper floor.
Some decorative and updating work is required but the house does benefit from double glazing and gas central heating throughout with a new boiler still under warranty for 5 years.
There are bus routes passing nearby for access to Sandown or Newport and all the amenities of Lake including large supermarkets are just a 5 minute drive away.
Pleasant countryside walks are to be had nearby too. Freehold Council tax band: B fees: £15 per year payable for grass cutting to Winford Residents Association
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
Agent & docs
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FAQ
About 21, Parkway, Sandown
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