1-bedroom flat · PO35 5AA
For saleReduced £20k (−10.3%) on 21 JunListed 278 days
Opportunity summary
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About
**Newly fitted carpets and newly decorated throughout!** simply stunning one bedded Retirement Apartment set in the picturesque Silver Sands Court ~expertly designed for independent retirement living~ Summary Silver Sands Court was built by McCarthy & Stone purpose built for Retirement Living.
The development consists of one and two-bedroom retirement apartments for the over 60s.
There is a House Manager on site and a 24-hour emergency call system provided via a personal pendant alarm and with call points in the bathroom.
The apartment features a fully fitted kitchen, one bedroom, lounge and shower room. The development includes a Homeowners' lounge and beautiful landscaped gardens.
There is a guest suite for visitors who wish to stay (additional charges apply). A car parking – permit scheme applies, check with the House Manager for availability.
Silver Sands Court is in Bembridge situated at the most easterly point of the Isle of Wight, Bembridge is thought to be the largest village in England and has long been regarded as a popular tourist destination.
The village has three beaches, a harbour, rspb nature reserve, Lifeboat station and its own airport.
The village centre hosts a number of independent shops, cafe and restaurants, together with some well known high street retailers.
There is a post office located in the Lane End Road supermarket store. It is a condition of purchase that all residents must meet the age requirements of 60 years.
Entrance Hall Front door with spy hole leads to the large entrance hall - the 24-hour Tunstall emergency response pull cord system is situated in the hall.
From the hallway there is a door to a walk-in storage cupboard/airing cupboard. Illuminated light switches, smoke detector, apartment security door entry system with intercom.
Doors lead to the bedroom, living room and bathroom. Lounge With Juliet Balcony With a glazed door and window to a Juliet balcony. TV and telephone points. Two ceiling lights.
Fitted carpets, raised electric power sockets. Partially double glazed doors lead onto a separate kitchen. Kitchen Fully fitted kitchen with tiled floor.
Stainless steel sink with mono block lever tap. Built-in oven with retractable door, ceramic hob with extractor hood and fitted integrated fridge, freezer and under pelmet lighting.
Bedroom Benefiting from a walk-in wardrobe. Ceiling lights, TV and phone point. Shower Room Fully tiled and fitted with suite comprising of walk-in shower, WC, vanity unit with sink and mirror above.
Emergency pull cord. Car Parking (Permit Scheme) Parking is by allocated space subject to availability. The fee is £250 per annum, but may vary by development.
Permits are available on a first come, first served basis. Please check with the House Manager on site for availability.
Leasehold Lease Length: 125 Years from 2015 Ground Rent: £425 per annum Ground Rent review: Jan-2030 Service Charge What your service charge pays for: • House Manager who ensures the development runs smoothly • All maintenance of the building and grounds, including window cleaning, gardening and upkeep of the building exteriors and communal areas • 24hr emergency call system • Monitored fire alarms and door camera entry security systems • Maintaining lifts • Heating and lighting in communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance, water and sewerage rates The service charge does not cover external costs such as your Council Tax, electricity or TV.
To find out more about service charges please contact your Property Consultant or House Manager. Service Charge: £3,109.52 per annum (up to financial year end 30/09/25).
Ask about our free entitlements service to find out what benefits you may be entitled to. (Often offset by Government Entitlements e.g. Attendance Allowance £3,500-£5,200pa).
Additional Services • Superfast Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
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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About 21 Silver Sands Court, Church Road, Bembridge
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