2-bedroom house · PO40 9EB
Listing removedListed 201 days
Opportunity summary
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About
A recently modernised two bedroomed semi-detached house located in the heart of Freshwater Village with off-road parking, located down a private cul-de-sac.
A deceptively spacious semi-detached two bedroom home towards the end of a private cul-de-sac within a couple of minutes stroll to centre of village shops, (shared private access via gate to middle of the village).
There is off-road parking to the front with gardens to three sides.
The accomodation briefly comprises a double galzed side porch/small conservatory, a generous dining room and living room with feature log-burning stove, a kitchen, and a rear porch/utility are with access to rear gardens.
Moving upstairs, there are two bedrooms and a shower room.
The currentt owner has carried out a number of improvements in recents times not least the installation of a new gas central heating system including boiler and radiators, the addition of a multi-fuel burning stove and having electrics upgraded etc..
The property also benifitsfrom having Location Richmond Meade is an unmade cul-de-sac with just a few houses and is very close to the centre of Freshwater Village shops and amenities.
There is a good mix of local shops and eateries plus a sports centre with indoor pool, a health centre and a library.
The seafronts at Colwell Bay, Totland Bay and Freshwater Bay are all within walking distacne or a really short drive if preferred.The nearest ferry to and from the mainland via Lyminghton, is located in nearby Yarmouth some 5-6 minutes drive away and offers regular trips to and from the Island via Lymington and the New Forest.
Entrance Porch/Side Conservatory (2.303 x 1.938 (7'6" x 6'4")) Double glazed with windows to three sides and door with internal door into main hall.
Hall Stairs to first floor with storage cupboard and Cloakroom. Access to the rest of ground floor accommodation.
Cloakroom With WC, wash hand basin and housing recently installed gas central heating boiler.
Living /Dining Room (6.234 x 4.260 narrowing 3.251 (20'5" x 13'11" narr) A great space for a family to enjoy with windows to rear and front plus a feature multi-fuel burning stove.
Kitchen (3.193 x 2.756 (10'5" x 9'0")) Dual aspect windows and offering a range of floor standing kitchen units with worksurfaces over with inset sink and drainer.
There is space for a freestanding cooker and plumbing for washing machine.
Tiled floor with door into: Rear Garden Room/Utility (2.652 max x 2.508 (8'8" max x 8'2")) A useful space with access to rear garden. Could be utilised as a utility if desired.
First Floor Landing A galleried landing with stairs to and from ground floor.
Window to front aspect and internal doors to: Bedroom One (4.260 x 3.005 (13'11" x 9'10")) A double room with window to front with far reaching views across rooftops to surrounding countryside Bedroom Two (3.250 x 2.984 (10'7" x 9'9")) A small double with window to rear plus built in storage.
Shower Room (2.746 x 2.017 (9'0" x 6'7")) Dual aspect windows and comprising a corner shower, WC and wash hand basin Outside There is off road parking for two vehicles to the front plus a mature garden with some planted shrubs and trees.
Gated access down one side leads to side and rear gardens which include a wood built summerhouse and patio area and access to a a brick/concrete shed to the rear of the house.The gardens are a combination of some planted areas with shrubs and small trees and is enclosed by wood fencing.
Tenure Freehold Council Tax Band C Epc Rating E Viewing Strictly by appointment only via Spence Willard Estate Agents in Freshwater. Important notice 1.
Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
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.
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FAQ
About 2, Richmond Meade, Freshwater
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