2-bedroom bungalow · PO30 1NX
Let agreedListed 46 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern and well-equipped two bedroom bungalow is situated in the popular village of carisbrooke, on the south-western outskirts of Newport.
Decorated to a high standard throughout, this fully furnished home offers comfortable and practical single-level living, with a decking area and garden. Available September.
The property comprises a modern fitted kitchen and a spacious lounge/diner, with doors leading directly onto the decking and garden area, creating a lovely connection between the indoor and outdoor living spaces.
There are two well-proportioned bedrooms and a modern family bathroom, with the property finished to a high standard throughout.
The location is particularly convenient, with two local pubs, an Italian restaurant and a convenience store with post office all within a few minutes' stroll.
Utilities are included Rent excludes the tenancy deposit and any other permitted payments. Deposit payable is £1,413.46.
A Holding Deposit of £282.69, based on the advertised rent, is required to reserve this property. Rent excludes the tenancy deposit and any other permitted payments.
This property is offered with the ‘The Residency’ option, which includes a No Deposit Option.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
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FAQ
About The Bungalow at One Tennyson, Down Lane, Down Lane
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