3-bedroom bungalow · PO36 9NG
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb detached Chalet Bungalow being well situated on a corner plot that offers easy access to a nearby convenience store. Also within close proximity are the Morrisons & Aldi superstores.
The main town of Shanklin with it's selection of shops is about 1.5 miles distant.
The well presented property offers, in our opinion, deceptively spacious accommodation and features include gas fired central heating, uPVC replacement double glazed windows, a Ground Floor Bedroom & Shower Room, Conservatory extension and a super re-fitted Kitchen.
Outside there is parking and a Garage and an enclosed Garden. To fully appreciate this lovely home, we would recommend an internal viewing.
It comprises: Ground Floor Hall Lounge (3.40m x 4.85m (11'2 x 15'11)) Bedroom Three (4.22m x 2.79m (13'10 x 9'2)) Shower Room Dining Room (3.00m x 3.63m (9'10 x 11'11)) Kitchen (3.63m x 2.92m (11'11 x 9'7)) Conservatory (4.78m x 2.44m (15'8 x 8')) Stairs to First Floor And Landing.
Bedroom One (4.22m max x 4.39m with sloping ceilings (13'10 max) Bedroom Two (3.43m max x 3.96m max (11'3 max x 13' max )) With sloping ceilings Shower Room Outside Parking to the right side of the property and an additional Garage (15'9 x 8'9) with up and over door, power and light.
Further potential parking. Enclosed Garden area being part laid to Patio & Synthetic Lawn. Tenure Freehold Services All mains are available Council Tax Band D
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 Lamorbey Road, Sandown
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