3-bedroom property · PO40 9ED
Listing removedReduced £25k (−9.3%) on 21 JunListed 847 days
Opportunity summary
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About
A good sized three bedroom semi detached Victorian character house in need of some modernisation with parking, good gardens and close to village amenities.
Verona offers well balanced accommodation comprising a spacious and welcoming entrance hall, a lounge with bay window to the front, a dining room which leads through to a good sized kitchen to the rear.
A useful side porch, which could become a utility area, completes the ground floor space. To the first floor there is a landing with three double bedrooms leading off and a generous family bathroom.
The windows and doors are all double glazed and the accommodation is warmed by a gas central heating system.
Outside, there is an enclosed garden to the front mainly laid to block paving and providing off road parking.
The rear garden enjoys a westerly aspect and partly extends behind the adjoining property and also features another vehicular right of way from Princes Close (under a temporary license from the local authority which will need to be re-agreed with a new owner).
Location Verona is located within easy reach of Freshwater village shops, services and amenities and is also around half a mile of Colwell Common and the popular sandy beach in Colwell Bay.
A network of footpaths and bridleways around Freshwater village provide access to miles of walks with some fabulous downland and coastal scenery.
There is a mainland ferry connection in the nearby harbour town of Yarmouth over Lymington, where there are train links to through London.
Entrance Hall A welcoming space featuring a double entrance door and stairs leading off.
Lounge (3.65m x 3.65m max plus bay (11'11" x 11'11" max pl) A well proportioned room with a bay window to the front and exposed floorboards.
Dining Room (3.65m max x 3.65m (11'11" max x 11'11")) Another good sized space with an outlook to the side.
Kitchen (3.65m x 2.85m (11'11" x 9'4")) A bright double aspect room with built-in storage cupboards and work surfaces, as well a space for a freestanding gas cooker and a washing machine.
Porch (1.90m x 1.40m (6'2" x 4'7")) A useful space with great potential as a utility room if required. First Floor Landing A spacious area with access to the loft space.
Bedroom 1 (3.65m x 3.65m max (11'11" x 11'11" max)) A generous double bedroom with an outlook to the front and featuring built-in corner wardrobes and an attractive original fireplace.
Bedroom 2 (3.30m max x 2.80m max (10'9" max x 9'2" max)) Another double bedroom with an outlook to the side and featuring similar built-in corner wardrobes.
Bedroom 3 (3.65m x 2.85m (11'11" x 9'4")) A good double bedroom with a recessed built-in storage cupboard and offering an outlook over the rear garden.
Bathroom (3.15m x 1.85m (10'4" x 6'0")) A sizeable facility with a suite comprising bath with an electric shower over, a WC and a vanity wash basin.
Outside The front area of garden offers good parking with a double gated vehicular access onto a block paved driveway with stocked borders adjacent.
The good sized rear garden enjoys a westerly aspect, taking advantage of the afternoon and evening sun.
The garden is landscaped with lower maintenance in mind and provides several separate paved areas with careful planting featuring a variety of mature plants, tress and shrubs.
Other features include a greenhouse and brick garden store.
To the rear boundary, there is a useful vehicular access leading off Princes Close and the access is enjoyed with a license issued by the local authority to the present owner.
Any new owner would need to apply to the local authority for the same permission themselves should they wish to continue to benefit from this access.
Council Tax Band C Epc Rating D Tenure Freehold Postcode PO40 9ED Viewing Strictly by appointment with the selling agent 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
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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 Verona, Princes Road, Freshwater
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