We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · PO33 1FE
Sold STCListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to acquire a modern semi-detached home, ideally positioned in a popular residential area on the outskirts of Ryde.
The property is conveniently located within easy reach of the town centre and its well-known sandy beaches, while local convenience stores, public transport links, schools, and the mainland ferry connections are all just a short walk away.
This home would make an excellent buy-to-let investment or an ideal purchase for first-time buyers looking to step onto the property ladder.
The well-proportioned accommodation comprises an entrance hall, cloakroom, kitchen, and a spacious lounge/diner on the ground floor.
Upstairs, there are two generous double bedrooms, one benefiting from an en-suite bathroom and the other from an en-suite shower room.
Further benefits include gas-fired central heating, double glazing, a low-maintenance rear garden, and allocated off-road parking to the rear. Offered to the market chain free.
Front Entrance And Hallway Useful storage cupboard. Smoke alarm. Radiator. Large archway to the kitchen.
Doors to:- Cloakroom Comprising wash hand basin with tiled splash-backs and low level push button WC. Double glazed obscure window to front. Electric consumer unit. Radiator.
Kitchen (3m x 1.88m) Fitted wall, base and drawer cream units with work surfaces over and decorative tiled surrounds. Single drainer stainless steel unit.
Built-in stainless steel electric oven and gas hob with extractor hood over. Space for free standing fridge freezer. Space and plumbing for washing machine. Vinyl floor. Double glazed window to front.
Lounge/Diner (5.28m x 3.86m) Good size dual aspect lounge/diner. Double glazed doors to the low maintenance enclosed rear garden. Electric feature fireplace. Television and telephone points.
Two radiators under-stairs recess area ideal for a computer work station or general storage. First Floor Landing Smoke alarm detector.
Doors to:- Bedroom 1 (3.76m x 2.77m) A double room with double glazed window to rear aspect. Radiator. Access to loft.
Door to:- En-Suite Comprising fully tiled shower enclosure with stainless steel mains shower unit. Vanity sink with useful cupboard beneath and low level push button WC. Extractor fan. Radiator.
Cupboard housing hot water cylinder. Bedroom 2 (2.57m x 3.86m) Also a double room with double glazed window to front. Radiator.
Door to:- En-Suite Bathroom Comprising panelled bath with shower attachment and neutral tiled surrounds. Vanity sink with useful cupboard and low level push button WC. Extractor fan. Radiator.
Heating Gas central heating. Outside/Gardens Enclosed rear garden. Gated rear access. Parking Allocated parking for one vehicle and visitor parking. Council Tax Band "B". Services All mains connected.
Tenure Freehold.
Service Charge/Estate Management An annual service charge of approximately £300 is payable in respect of communal estate management, which includes maintenance of roads, communal lighting and communal gardening.
Please Note Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 plus VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection insurance to protect against the cost of an abortive purchase.
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
Agent & docs
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FAQ
About 97, Amherst Place, Isle of Wight
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