2-bedroom flat · PO33 1PL
For saleReduced £10k (−6.3%) on 10 OctListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market 'chain free' is this modern style, purpose-built flat located close to the sea front in Ryde. The flat benefits from allocated parking and its own garage too.
There is also a very well-kept communal garden to the rear of the building. The flat itself is located on the first floor and has an intercom entry system and a brand new boiler.
The accommodation provides a large lounge, master bedroom with en-suite shower and WC, a smaller 2nd bedroom, kitchen and main bathroom.
The flat benefits from modern double glazing throughout and has gas central heating. The lounge has a pleasant view out across the garden and neighbouring woodland.
Oakleigh Court is set back from the main road with all the allocated parking to the front and the garage to the rear.
This excellent location means you are just a 5 minute walk from the sandy beach, sea front as well as very close to the ferry terminals and main bus station.
Leasehold: 125 years from 10 July 1996 (95 years remaining) service charge: Approx £1000pa ground rent: £25pa council tax band: B
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
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FAQ
About Flat 4, Oakleigh Court,, East Hill Road, Isle of Wight
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