2-bedroom flat · PO33 1NU
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful two-bedroom ground floor maisonette, ideally situated in a peaceful residential area and offering its own private entrance, private garden a share of the freehold and is also being offered CHAIN FREE.
This appealing property would make an excellent first-time purchase, downsizing opportunity or investment, combining comfortable accommodation with a convenient location close to the coast and local amenities.
The ground floor accommodation offers two well-proportioned bedrooms, a practical wet room, and a welcoming living space.
The property also benefits from its own private entrance, providing a good sense of privacy and independence.
One of the property's standout features is the private garden, offering a lovely outdoor space to relax, enjoy al fresco dining or create a garden to suit your own needs.
The location is sure to appeal to those looking to enjoy a relaxed coastal lifestyle. Award-winning sandy beaches are within easy reach, together with a good selection of popular pubs and restaurants.
Families will appreciate that local schools are within walking distance, while nearby bus routes provide convenient connections to surrounding areas.
For everyday shopping, Tesco is also just a short journey away, making those essential errands quick and convenient.
Share of Freehold 50% split of costs for Buildings Insurance and Maintenance with the Top Floor property. Years Remaining on the lease - 999 years from 18th February 2021.
Heating Electric Council Tax Band B EPC TBC Please Note Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 plus 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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 Grasmere Avenue, Ryde, Isle of Wight
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