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See how verdicts work3-bedroom semi-detached house · PO36 9HT
For saleReduced £10.5k (−3.4%) on 26 OctListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain-Free Refurbished Family Home in a Quiet Lake Location Situated along a quiet residential road in the popular village of Lake, this beautifully refurbished three-bedroom semi-detached home offers generous and versatile accommodation, ideal for family life and conveniently positioned for local amenities, coastal walks and surrounding countryside.
The property benefits from driveway parking to the front, side access and a well-proportioned rear garden enjoying a sunny aspect.
Designed with ease of maintenance in mind, the garden provides an excellent space for relaxing, entertaining and family enjoyment.
Internally, the home has undergone significant refurbishment in recent years and is presented in attractive order throughout.
A particularly spacious entrance hallway creates an impressive first impression and leads to two reception rooms.
The cosy front reception room lends itself perfectly as a lounge or snug, while the second reception room serves as a dining room and flows seamlessly into the kitchen, creating an excellent social and family space.
To the rear, an additional extended reception area offers excellent flexibility and could be utilised as a garden room, playroom, home office or study depending on individual requirements.
The extended kitchen has been modernised and provides an abundance of cupboard storage and worktop space, making it both practical and stylish for everyday living.
The first floor comprises three well-sized bedrooms, all offering comfortable accommodation, together with a modern family shower room finished to a contemporary standard.
Conveniently located close to Lake’s village amenities, schools and transport links, the property is also within easy reach of the coastal path and a variety of scenic countryside walks, offering the best of both coastal and semi-rural living.
Offered to the market chain-free, this is a fantastic opportunity to acquire a spacious and versatile family home in a sought-after location. Early viewing is highly recommended.
Local Authority - Isle of Wight Council Council Tax Band - C Tenure - Freehold GROUND FLOOR Porch Hallway Lounge 13'6 x 9'4 Dining 12'2 x 11'2 Conservatory 8'10 x 11'11 Kitchen 16'2 x 8'3 FIRST FLOOR Landing Shower Bedroom 1 12'1 x11'3 Bedroom 2 9'2 x 10'8 Bedroom 8'3 x 7'6 OUTSIDE Front Garden Driveway Side Access Rear Garden W/C
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.
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