2-bedroom flat · PO39 0DX
For saleListed 396 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coast To Castle are proud to present this lovely two bedroom flat, located in Totland Bay.
Within this quiet and peaceful setting, the flat remains close to all the essentials, with local shops, cafés and amenities just a stone’s throw away, and the nearby town of Freshwater offering further services, schools and leisure facilities.
The flat itself has been well looked after and provides a comfortable and practical layout, making it an inviting space to call home.
Inside, you’ll find two bedrooms, both able to facilitate a double bed or the second bedroom may lend itself as an office.
The main living area is bright and welcoming, with natural light from dual aspect windows and seaviews from the side, enhancing the sense of space and making it the perfect spot to relax or entertain.
The kitchen is functional and well arranged, offering everything you need for day-to-day cooking, while the bathroom is well appointed and neatly finished, adding to the overall impression of a home that is ready to move straight into.
A private rear garden is located to the left of the property, accessed from the side of the building. It has a great size lawn area and a further patio area to the rear.
Access is gained via a communal entrance, and garage with parking is available at the rear, which adds an important element of practicality to the setting.There are no yearly charges, just the buildings insurance, which is split between the three properties in the building.
This is a versatile property that will appeal to a wide range of buyers.
It would suit those seeking their first step onto the property ladder, offering both affordability and lifestyle, while downsizers will appreciate its manageable size and low-maintenance character.
Equally, it makes for a wonderful holiday retreat — a place to escape to at weekends or in the summer months.
For investors, the flat presents an attractive proposition thanks to its desirable coastal position and the ever-growing demand for property in this part of the Isle of Wight.
Communal Entrance Hall Stairs to property entrance. Property entrance hall Doors off to rooms. Wall mounted storage heater.
Lounge 3.7m x 4.41m Dual windows to front and side aspect. Seaviews from side window. Storage heater. Television point.
Kitchen 2.45m x 3.7m Range of wall and base units with worktop over. Built in electric oven and hob. Space for Washing machine. Space for fridge freezer. Splashback tiles.
Double glazed windows to rear aspect. Space for small breakfast. Bedroom 1 3.64m x 3.78m Max Dual aspect double glazed windows to side and rear.
Storage Heater Bedroom 2 2.18m x 3.79m Window to front aspect. Storage heater. Bathroom 1.97m x 2.46m Max The suite comprises of a panelled bath with shower over.
Glass shower screen. Hand wash basin. Part tiled walls. Double glazed windows to rear aspect. WC Close coupled WC. Double glazed window to rear. Part tiled walls.
Outside Accessed from the left side of the building. This property benefits from a private rear garden, laid mostly to lawn with a patio seating area to the rear.
A range of mature trees and shrubs. Garage En Bloc The garage can be found to the rear of the property. A single garage with up and over door. Off road parking in front of garage.
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.
Area
Agent & docs
FAQ
About Granville Rise, Totland Bay, Isle of Wight
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