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See how verdicts work2-bedroom bungalow · PO38 2DB
For saleListed 610 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom semi detached bungalow located within popular Niton village. Being offered as an investment purchase with the benefit of a tenant producing a rental income.
This home offer lots of potential and possibility of increasing the size of the current accommodation subject to the normal planning and other conditions being approved.
Presently includes a good size Lounge, Kitchen and Bathroom. Gardens with driveway and Garage. Double Glazing. Viewing by appointment.
Entrance Door to: Entrance Hall - Built in airing cupboard housing hot water tank. Kitchen - 3.61m x 2.97m (11'10" x 9'9") - Range of floor cupboards with bevel edged work tops above.
Inset stainless steel sink unit with mixer tap over. Plumbing for washing machine. Double glazed window. Electric cooker point. Double glazed side door to garden.
Living Room - 4.70m x 3.40m (15'5" x 11'2") - Double glazed window. Parquet floor. Bedroom One - 3.99m x 3.38m (13'1" x 11'1") - Double glazed window. Night storage heater.
Bedroom Two - 2.95m x 3.02m (9'8" x 9'11") - Night storage heater. Double glazed window. Bathroom - Panelled bath, low level WC, wash basin. Night storage heater.
Outside - Surrounding the property are gardens laid mainly to lawn. A driveway to the side gives access to the Garage.
Tenure - This property currently provides a rental income of £850 per calendar month. This property is Freehold. Council tax band C
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 Institute Hill, Newport Road, Niton, Ventnor
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