2-bedroom house · PO33 3HT
For saleReduced £10k (−4.2%) on 11 SepListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market' chain free' and with vacant possession is this 2 bedroom family home located in the Haylands area of Ryde.
The property benefits from a driveway for 2 cars plus a well enclosed, low maintenance rear garden.
A useful entrance porch leads into the comfortable lounge area with feature fireplace which in turn leads to a generous, modern kitchen with extended dining area that has a pleasant 'open, light & airy feel' to it.
To the upper floor are a large master bedroom with ample fitted wardrobes, a second double bedroom with built-in wardrobe and a recently refurbished, modern bathroom.
The property is fully double glazed and has gas central heating throughout. A ‘lean-to’ addition to the side of the house offers additional storage and is partly used as a utility area at present.
(The furniture and kitchen appliances can also be included if required) Patio doors from the extended living space lead out into the garden with paved terrace and lawned area including side gate access, ideal for children and pets.
Colenutts Rd is on the outskirts of Ryde with bus routes passing at the end of the road and good local schools within easy reach.
Ryde town centre offers ample shops and dining as well as its sandy beach, seafront and ferry links to the mainland.
Freehold Council tax band: C (Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead)
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 27A,, Colenutts Road, Isle of Wight
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