4-bedroom house · PO31 7QZ
For saleReduced £60k (−7.5%) on 17 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Believed to have been designed by John Nash and built around 1823, the house retains a wealth of period features across three storeys.
Its elegantly proportioned rooms, high ceilings, and original detailing provide a strong foundation for sympathetic modernisation, allowing a new owner to combine historic character with contemporary living.
The accommodation includes three light-filled bedrooms, two bathrooms, a generously sized kitchen with dining area, a larder and utility space, and two separate reception rooms.
Large sash windows flood the interiors with natural light, while character fireplaces and high ceilings add further appeal.
From the second reception room, doors open directly to the private garden, creating a natural flow between indoor and outdoor spaces.
The master bedroom is particularly spacious, featuring a striking chimney breast that enhances its charm.
The garden is one of the property’s standout features, offering a retreat with beautiful outlooks.
Combined with its historic significance and untapped potential, this is a rare chance to acquire a home of character in a vibrant coastal community.
Positioned in the heart of the sought-after Old Town, the property is just a short stroll from The Parade, Yacht Clubs, shops, restaurants, and the high-speed passenger ferry to Southampton.
Excellent public transport links, nearby schools, green spaces, and coastal walks add to the appeal, while the quiet setting, strong local community, and stunning sea views create an enviable lifestyle.
Nb Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80+VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection insurance to protect against the cost of an abortive purchase.
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
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FAQ
About Grove House, 29, Castle Road, Isle of Wight
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