2-bedroom flat · PO37 7BE
Listing removedListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
- Chain Free. - Modern Purpose Built Block. - Second Floor Apartment. - Two Double Bedrooms. - Bright and Airy Accommodation. - Short Walk To Shops And Local Amenities. - Off Road Parking.
Summary This purpose built apartments is conveniently located only minutes away from Shanklin town centre.
The local train station, supermarkets and beach are within easy reach and a variety of shops, restaurants and bars are within walking distance.
The convenient location and low maintenance nature of the apartment make it an ideal buy to let investments, first time buyer purchase or holiday home.
Lounge / Diner 4.11m x 3.07m Kitchen 3.02m x 2.5m Bathroom 2.24m x 1.55m Bedroom 1 2.82m x 2.77m Bedroom 2 2.82m x 2.77m Outside Allocated Parking.
Services Mains Connected. Electric Heating EPC D Ground Rent £110 Per Annum Service Charge £530 Per Annum Council Tax Band A Tenure Leasehold.
125 years from 25 January 2014.
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 Atherley Park Close, Shanklin, Isle of Wight
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