We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · PO40 9BG
Listing removedListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*CHAIN FREE* Ground floor apartment with two bedrooms and good access to Freshwater village centre.
Accommodation comprises entrance hall, living room, well appointed kitchen, two bedrooms, and a shower room.
Externally, there are communal residents gardens, and allocated parking as well as visitor parking spaces.
Bowbridge Court is situated a short walk from Freshwater village centre, which is host to a variety of independent shops and cafes as well as a doctors surgery, primary school, leisure centre and primary school.
There is a supermarket just a few minutes walk from the property, and three beautiful West Wight beaches nearby; Freshwater Bay, Colwell Bay and Totland Bay.
The nearby harbour town of Yarmouth provides a mainland link via car ferry to Lymington. Tenure Leasehold with share of the freehold. 125 years from 1989, 88 years remaining.
Ground rent is £25 per annum.
Service charge for 2026 was XXX Council Tax Band B Hall Living 5.4m x 3.56m 17'9" x 11'8" Kitchen 3.45m x 2.4m 11'4" x 7'10" Bedroom One 3.43m x 3.48m 11'3" x 11'5" Bedroom Two 3.45m x 2.44m 11'4 x 8'0" Bathroom 1.83m x 2.16m 6'0" x 7'1" N.B.
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Hooke Hill, Freshwater, Isle of Wight
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