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See how verdicts work1-bedroom flat · PO33 4LW
Listing removedListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PRICED FOR A QUICK SALE A 1 bedroom ground floor retirement property for the over 60's. Popular for its position within the village of Wootton Bridge and all its amenities.
Communal lounge, laundry and beautiful well kept gardens.
GROUND FEES PAID UP UNTIL SEPT 26 The accommodation with approximate measurements comprises: Door to: Hallway Storage cupboard housing tank and consumer unit.
Door entry system Doors to: Lounge 5.20 m x 3.24 m (17'1" x 10'8") Good size room. Double glazed window to rear aspect. Double glazed door directly out to small garden area and path.
Electric storage heater. Kitchen 2.20 m x 1.73 m (7'3" x 5'8") Fitted kitchen with matching wall, base and drawer units. Space for free standing cooker, dishwasher and fridge freezer.
Stainless steel sink and drainer with mixer tap. Tiled splash back. Bedroom 3.58 m x 2.63 m (11'9" x 8'8") Double glazed window to rear aspect. Electric wall heater. Fitted double wardrobes.
Emergency pull cord. Shower room 1.49 m x 2.07 m (4'11" x 6'9") Large walk in shower. Low level WC. Hand basin with vanity storage. Heated towel rail.
Additional information Council tax band: "A" EPC " C" Tenure: Leasehold 125 years from 1988. Ground rent £ 221.60 (6 monthly ) Management fee £ 1453.19 ( 6 monthly) For the over 60's.
1% is payable on re-sale to the management company
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
FAQ
About 1, Homebray House, Mary Rose Avenue, Wootton Bridge, Ryde, Isle of Wight
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