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See how verdicts work2-bedroom flat · PO33 1LT
For saleReduced £5k (−4.3%) on 26 OctListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated to the charming east side of Ryde, this delightful second-floor flat offers a perfect blend of Victorian character and modern living.
Spanning approximately 570 square feet, the property features two well-proportioned bedrooms and a stylish bathroom, making it an ideal choice for couples or an individual.
Upon entering, you will be greeted by a spacious twin aspect lounge that bathes in natural light, creating a warm and inviting atmosphere.
The adjoining modern white kitchen complements the living space beautifully, providing a functional area for culinary pursuits.
The vaulted ceilings throughout the flat enhance the sense of space and add a unique character to the home.
This flat is situated in a converted late Victorian building, which adds to its charm and appeal.
Residents will benefit from a communal south-facing lawned garden, perfect for enjoying sunny days, as well as a designated parking space for one vehicle.
The property is conveniently located just minutes away from Appley Park and the beautiful beaches, making it an excellent choice for those who appreciate outdoor activities.
Additionally, the flat is well-served by public transport, being on a bus route that connects you to the wider area.
This property presents a wonderful opportunity to enjoy a comfortable lifestyle in a sought-after location.
Whether you are looking to buy or rent, this flat is sure to impress with its appealing layout and prime position.
Communal Entrance - Stairs To 1st Floor Landing - Entrance Hall - Built-In Storage - Inner Hall - Bedroom 1 - 3.53m x 2.26m max (11'7" x 7'5" max) - Bedroom 2 - 2.08m x 2.06m (6'10" x 6'9") - Bathroom - 2.03m x 1.45m (6'8" x 4'9") - Lounge/Diner - 4.78m x 3.71m max (15'8" x 12'2" max) - Kitchen - 3.58m x 2.11m (11'9" x 6'11") - Built-In Hot Water Cylinder Cupboard - Pantry - Parking - One space for the flat.
Communal Facilities - Communal lawned garden & drying area to rear of building. Dustbin storage area. Tenure - Leasehold 125 years from 1/10/1988. Annual service charge £1605 for 2026.
Ground rent £50 Local, Island managing agent. Restrictions - Residential Letting permitted No holiday letting No pets Council Tax - Band A Construction Type - Brick elevations with rendered quoins.
Slate roof. Cavity walls. Flood Risk - Very Low Risk Mobile Coverage - Limited Coverage O2 & Three Broadband Connectivity - Openreach & Wightfibre Networks. Up to Ultrafast available.
Services - Unconfirmed mains water, electric, drainage and broadband.
Agents Note - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you.
None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you.
Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.
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 advisers 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
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FAQ
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