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See how verdicts work4-bedroom detached house · PO38 1UF
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fabulous opportunity to acquire a substantial 4-bedroom detached house positioned in one of the most sought-after locations on the Island, just a short walk to Steephill Cove.
Stone Place presents an exceptional opportunity for a new owner(s) to put their stamp on this unique property.
Constructed to a high and bespoke standard, with an Alpine theme and finished in genuine Island stone. The property offers a new owner a fantastic prospect to create a remarkable house.
The fundamentals to Stone Place are exceptional, benefitting from oversized and multiple windows allowing an impressive amount of natural light with views down to Ventnor Cricket Club grounds on the West side of the property.
There are wonderful features such as a stunning stone corner fireplace, original solid hardwood flooring and an Aga kitchen.
An impressive triple aspect sitting room/diner which is over 25ft long and offers a lovely aspect across the garden and majestic trees.
The kitchen is a superb double aspect room with access into the South facing garden. There is a good utility room with a WC and shower conveniently provided on the ground floor.
There is a lovely hallway with a substantial front door. Stone Place would now benefit from some modernisation by the new owner and personalise the house to exacting taste.
The first floor comprises of three good sized bedrooms and a fourth bedroom, which is smaller and benefits from built in wardrobes.
There is the potential and space to create en-suite facilities, should they be required.
All the bedrooms enjoy an attractive outlook and there is a family bathroom with separate shower and WC with a wash hand basin to the side. Above the landing is the loft hatch with ladder.
Outside The property sits within a large corner plot. There is a substantial garden in front of the house with ample parking.
A good-sized detached garage/workshop that is accessed on the east side of the driveway.
Between the garage and northern boundary there is a section of land that belongs to the property which could benefit from other uses such as further parking or to enlarge the formal garden.
Most of the garden surrounding the house is laid to lawn and enclosed with timber fencing.
There is a wonderful seasonal outlook down towards the Cricket Club which is positioned directly to the West of the property.
Location Love Lane, which runs down the west side of the property leads to the beautiful Steephill Cove which is just a few minutes’ walk and around 300m.
The coastal footpath is also a very short walk from the property, giving access to 70+ miles of fabulous coastal walks.
Stone Place is in an elevated position on the western fringe of the increasingly popular seaside town of Ventnor, where there is an excellent range of facilities and a quality sandy beach.
Services Private drainage shared with the neighbouring house to the rear – the system is located in the neighbouring garden with costs split equally between the two properties.
Oil fired aga, heating and water. Tenure Freehold. Council Tax F. Epc Rating F. Postcode PO38 1UF Viewings Strictly by prior appointment with the sole selling agents, Spence Willard.
Important Notice 1. Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc.: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc.: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
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
About Stone Place, Steephill Road, Ventnor
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