2-bedroom flat · PO35 5UH
For saleListed 101 days
Opportunity summary
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About
Beautifully presented throughout, this ground floor apartment has undergone a complete programme of updating and modernising over the last year.
These work include rewiring, a new central heating system, a newly remodelled kitchen and dining room area, and a new modern fitted shower room.
The apartment offers spacious accommodation which occupies the whole ground floor of a detached period house and benefits from its own private entrance and gardens.
The spacious accommodation comprises entrance hall, a rear aspect sitting room with French doors onto a veranda and the garden, an open plan kitchen and dining room, a utility area, a conservatory, 2 double bedrooms, a shower room and a separate WC.
Externally, there is a large, private, southerly aspect garden to the rear, whilst of further benefit is driveway parking to the front and a detached single garage.
This is the perfect home for those seeking a property which is ready to move straight into and is centrally located within the village, where one is just a short walk to the beaches and coastal walks, whilst also having the village amenities nearby.
Entrance A covered storm porch has tiled flooring and a hardwood front door leading into: Porch With a window to the front and a radiator.
Open through to: Hallway A spacious hall with a built in cupboard, perfect for storing coats and shoes, as well as an under stairs storage cupboard. Quarry tiled flooring.
Accommodation off: Sitting Room 15' 2'' x 11' 10'' (4.63m x 3.61m) A bright and spacious dual aspect room with 2 double glazed windows to the side and French doors which open onto a veranda.
Feature fireplace with a wooden surround and mantle.
2 radiators and fitted carpet Open Plan Kitchen and Dining Room 11' 9'' x 17' 7'' (3.59m x 5.38m) This bright and sociable space has LVT wood effect flooring running throughout, 2 windows to the rear, a radiator and a door leading into the utility room.
The kitchen is newly fitted with a wide range of wall and floor units with work surfaces over, matching upstands and an inset sink unit. Built in eye level oven and a gas hob with a cooker hood over.
Integrated dishwasher and space for a fridge freezer. Utility Room 5' 7'' x 7' 2'' (1.72m x 2.19m) Plumbing for a washing machine and space for a tumble dryer.
Windows to the rear overlooking the garden. Door giving access to the rear garden, the conservatory and the WC.
Conservatory 5' 7'' x 17' 2'' (1.72m x 5.25m) With a dwarf brick wall and windows overlooking the rear garden. Door to the covered veranda. Wall mounted gas boiler.
Bedroom 1 14' 4'' x 11' 10'' (4.37m x 3.61m) A bright, dual aspect double bedroom with a double glazed bay window to the front and 2 double glazed windows to the side.
Radiator and fitted carpet. Bedroom 2 14' 11'' x 8' 9'' (4.55m x 2.69m) A dual aspect, double bedroom with a double glazed bay window to the front and a window to the side.
Radiator and fitted carpet. Shower Room Fitted with a double sized shower enclosure, a wash basin and a WC. 2 obscured double glazed windows to the side. Heated towel rail and vinyl flooring.
WC Fitted with a WC and a window to the side. Outside Gated access to the front of the property leads to a driveway which provides parking and leads to a detached garage.
To the rear of the apartment there is a large, private, southerly aspect garden.
A paved patio area leads out from the porch, whilst French doors from the sitting room lead out to a covered veranda, providing the ideal spot for outside dining.
This leads onto a large lawned garden which has planted borders. Outside lights.
Detached Garage 16' 4'' x 10' 4'' (4.98m x 3.15m) A single garage with barn doors to the front and a courtesy door to the rear giving access to the garden.
Additional Information Heating: A gas fired boiler provides domestic hot water and heating via panelled radiators. EPC rating: TBC Council Tax Band: C Tenure: 50% share of the freehold.
MISREPRESENTATION ACT 1967. PROPERTY MISDESCRIPTION ACT 1991.
Turnbull IOW Ltd, for themselves and Vendors of the property, whose agents they are, give notice that these particulars, although believed to be correct, do not constitute any part of an offer or Contract, that all statements contained in these particulars as to this property are made without responsibility and are not relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever to this business.
An intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
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 13 Steyne Road, Bembridge, Isle of Wight, PO35 5UH
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