3-bedroom bungalow · PO38 1UH
For saleReduced £50k (−14.3%) on 11 OctListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a sought-after location in the popular coastal town of Ventnor, this attractive detached bungalow offers spacious and versatile accommodation, making it an ideal home for families, retirees or those seeking single-storey living.
The property comprises three well-proportioned bedrooms, with the principal bedroom benefiting from its own en-suite wet room.
There are two generous reception rooms, providing flexible living, along with a well-appointed kitchen, family bathroom and a separate WC for added convenience.
Externally, the property enjoys a private driveway providing off-road parking, together with enclosed gardens offering a pleasant space to relax, entertain or enjoy the outdoors.
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
FAQ
About 4, Steephill Court Road, Isle of Wight
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