3-bedroom semi-detached house · PO38 1XW
For saleListed 242 days
Opportunity summary
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About
Situated in a quiet sought after coastal location, a semi-detached three-bedroom cottage with ample parking and sea glimpses Elm Cottage Believed to be historically converted from a Victorian stable block that served the adjacent period house, Elm Cottage provides light and well-proportioned accommodation and benefits from ample parking and an easily maintained garden.
With excellent access to some superb coastal walks, the cottage benefits from a particularly picturesque and quiet position on the Undercliff.
Positioned between the cliff and the sea, the Undercliff is well known for its micro-climate providing an array of plants ordinarily found in Mediterranean countries.
Situated within this sought-after coastal village, Elm Cottage has access to wonderful country and coastal walks, including nearby Woody Bay and Steephill Cove.
Nearby, is the popular town of Ventnor which offers a wider selection of popular independent restaurants, bars and shops, as well as fish market and renowned Botanic Gardens.
Accommodation ground floor Entrance hall Wooden floorboards and staircase to First Floor with understairs storage area.
Sitting room A nicely proportioned room with a wide bow-fronted bay window to the front elevation from which there are sea views. Fireplace (currently sealed), timber floorboards.
Kitchen/dining room A spacious dual aspect room fitted with base units and solid timber worksurfaces. Zanussi oven with four-ring hob and extractor over. Wooden floorboards and wood burning stove.
Opening to: Utility room Base cupboards and drawers, timber worksurfaces and a 1 1⁄2 bowl ceramic sink unit with mixer tap and space for a washing machine, slimline dishwasher and fridge.
Southerly sea views. Shower room Shower, washbasin, WC and heated towel rail. First floor landing Bedroom 1 A spacious double bedroom with sea views and space for a seating area.
Built-in drawers and cupboards. Bathroom en-suite A modern suite with tiled walls, bath with separate shower over, washbasin, WC and heated towel rail.
Bedroom 2 A double bedroom with outlook to the front. Bedroom 3 Twin or double bedroom.
Outside A pair of stone gate pillars with gates opening to a paved courtyard to the front of the house providing both parking and a south/west facing seating area.
At the side of the driveway, and enclosed from Wolverton Road by an old stone wall, there is an attractive, low maintenance garden comprising various borders with a gravel path leading to a terrace, screened by vegetation to provide a secluded seating area, and with an outlook towards the southern coast.
Path leading onto a small, paved terrace adjacent to the side of the cottage. Services Mains electricity, water, private drainage (shared with Beech Cottage and Elm Dene).
Modern programmable electric heating. Tenure Freehold EPC Rating F business rates The cottage is currently subject to business rates as a holiday let with a current annual charge of £1,796.40.
Postcode PO38 1XW viewings All viewings will be strictly by prior arrangement with the sole selling agents, Spence Willard. 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.
Area
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FAQ
About Elm Cottage, Woolverton Road, St. Lawrence
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