2-bedroom flat · PO33 2AE
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wrafton House occupies an elevated and convenient position on Melville Street, just a short stroll from the heart of Ryde.
Union Street and the wider town centre offer an excellent selection of independent shops, cafés, restaurants and everyday amenities, while Ryde’s sandy beach, seafront and Esplanade are also within comfortable walking distance.
Regular passenger services from the FastCat and Hovertravel provide excellent connections to the mainland, with onward rail links available from Portsmouth.
Despite its central location, Wrafton House is pleasantly set back from the road and benefits from communal gardens and generous residents’ parking.
Features - Full Description - Nestled within the attractive and well-maintained Wrafton House, this beautifully light and spacious second-floor apartment forms part of a handsome Victorian conversion with an impressive bow-fronted façade and a more modern addition to the rear.
The apartment enjoys a peaceful yet extremely convenient setting, tucked slightly away from the main thoroughfare while remaining within easy walking distance of Ryde town centre, the seafront and direct mainland travel connections.
It would make an excellent permanent home, Island retreat, commuter base or investment opportunity. Internally, the accommodation extends to approximately 623 sq. ft.
and feels bright and airy throughout.
The comfortable living room opens through to a particularly generous kitchen and dining room, allowing the two spaces to flow naturally while retaining their own distinct identities.
Well-positioned windows introduce plenty of natural light and provide attractive outlooks towards the communal gardens, with glimpses across to the sea and mainland from the kitchen/dining room.
Both bedrooms are well-proportioned doubles, while the bathroom is fitted with a practical white suite. Further benefits include double glazing and electric heating.
The property now enjoys the reassurance of a newly refreshed 125-year lease.
Outside, residents have use of the established communal gardens, which are predominantly laid to lawn, together with a generous parking area providing ample unallocated residents’ parking.
Wrafton House is professionally managed and presents as a well-cared-for building in a particularly desirable and accessible part of Ryde.
Communal Entrance - The main entrance to Wrafton House is approached through a secure entry system. Stairs rise through the building to the second floor.
Entrance Hall - A welcoming entrance into the apartment with space for coats and shoes. Steps lead down into the principal living accommodation.
Living Room - 11'9" x 10'3" - A comfortable and naturally light reception room with a double-glazed window overlooking the communal garden.
Radiator and a wide opening through to the kitchen dining room, creating an appealing sense of space and connection between the two rooms.
Kitchen Dining Room - 15'4" x 9'9" - An excellent-size kitchen and dining space with room for a table and chairs.
A well-positioned double-glazed window provides glimpses towards the sea and mainland, while a further window overlooks the communal garden.
The kitchen is fitted with a range of high-gloss white wall, floor and drawer units complemented by work surfaces and an inset stainless-steel sink and drainer.
Integrated electric hob and oven with a brushed stainless-steel chimney-style extractor above. Space and plumbing for a washing machine and space for a tall fridge/freezer.
Built-in cupboard housing the electric boiler and radiator.
Bedroom 1 - 11'10" x 9'6" - A well-proportioned double bedroom with a double-glazed window enjoying a pleasant outlook over the communal garden. Radiator.
Bedroom 2 - 10'11" x 9'6" - A further double bedroom with a double-glazed window providing an attractive outlook across neighbouring gardens and rooftops.
Bathroom - Fitted with a white suite comprising a panelled bath with mixer taps and shower attachment, WC and handbasin with vanity storage beneath.
Ceramic wall tiling, heated towel rail, extractor fan and double-glazed window.
Communal Gardens - Residents enjoy the use of well-maintained communal gardens, which are predominantly laid to lawn and provide an attractive green outlook from the apartment.
Residents' Parking - Wrafton House benefits from a generous communal parking area with ample unallocated parking available for residents.
Important Notice – Property Particulars - These particulars are intended to give a fair and overall indication of the property and do not constitute any part of an offer or contract.
They are provided in good faith and are believed to be correct; however, Elliott Lincoln gives no representation or warranty (whether express or implied) as to the accuracy, completeness or reliability of the information contained within these particulars.
All statements, descriptions, photographs, measurements, floor plans and any other information are for guidance only and must not be relied upon as statements of fact.
Any prospective purchaser must satisfy themselves by inspection and/or by making independent enquiries as to the correctness of all information, including (without limitation) the condition of the property, boundaries, title, tenure, planning permissions, building regulations, consents, rights of way, restrictive covenants, access, services, service charges/ground rent (if applicable), and the location and proximity of any facilities or features of specific importance to them.
Distances, areas and measurements are approximate and are not guaranteed. Fixtures, fittings, contents and furnishings are not included in the sale unless specifically stated.
Any reference to appliances, services, utilities, heating systems or installations is given in good faith but these have not been tested by Elliott Lincoln, and no warranty is given as to their working order, efficiency or safety.
Purchasers are strongly advised to commission appropriate surveys/inspections and to obtain verification from their solicitor and/or other professional advisers prior to exchange of contracts.
Elliott Lincoln is the trading name of Adele Smith Ltd, and its Associates, agents and representatives are not authorised to make or give any representations or warranties in relation to the property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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