3-bedroom detached house · PO33 3XB
Sold STCReduced £25k (−9.1%) on 21 MayListed 313 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GREAT SPACE & CONVENIENCE ... OFFERING EXCELLENT POTENTIAL!
Set within a corner plot in a popular residential area on Ryde outskirts, this DETACHED BUNGALOW is within convenient walking distance (or a very short drive) to town, schools and also to nearby coastal walkways - as well as convenient for the Fishbourne-Portsmouth car ferry terminal.
The accommodation is very well proportioned and offers a large sitting/dining room, separate kitchen, 3 DOUBLE BEDROOMS plus bathroom and separate w.c.
While the property requires upgrading, it offers great potential and offers a blank canvas for those looking to make their mark.
Benefits include gas central heating and double glazing, as well as driveway parking plus GARAGE. For those seeking level living and convenience, this CHAIN FREE home is certainly well worth a visit.
Accommodation: - Entrance door leading to: Hallway: - A spacious entrance hall with laminate flooring. Radiator.
Doors to all rooms: Sitting/Dining Room: - Well proportioned dual aspect room with double glazed windows to front and side. Radiators x 2. Feature fireplace with timber mantelpiece.
Kitchen: - Fitted kitchen comprising range of wood fronted cupboard and drawer units with contrasting work surfaces over incorporating inset sink unit. Tiled surrounds.
Integral appliances including gas hob and eye level electric double oven. Space and plumbing for washing machine and tall fridge/freezer. Laminate flooring. Double glazed door and window to rear.
Bedroom 1: - Well proportioned double bedroom with double glazed window to side. Radiator. Bedroom 2: - Double bedroom with double glazed window to front. Radiator.
Bedroom 3: - A third (smaller) double bedroom with double glazed window to side. Radiator. Bathroom: - Suite comprising panelled bath and pedestal wash basin. Radiator with towel rail over.
Obscured double glazed window to rear. Separate W.C.: - Comprising low flush w.c. and wash hand basin. Tiled surrounds. Obscured double glazed window to rear.
Garden: - Set within a good sized corner plot, there are 'warp around' gardens comprising patio and lawned areas.
Driveway & Garage: - To the right of the property, a driveway provides off street parking and leads to the single garage with up and over door.
Other Property Facts: - Conservation Area: No Council Tax Band: D Energy Performance Rating: TBC Flood Risk: Very Low Seller's Situation: Chain Free Disclaimer: - Floor plan and measurements are approximate and not to scale.
We have not tested any appliances or systems, and our description should not be taken as a guarantee that these are in working order.
None of these statements contained in these details are to be relied upon as statements of fact.
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 Birch Gardens, Binstead, PO33 3XBC
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