We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom terraced house · PO36 8HX
Listing removedListed 473 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Five to Six Bedroom Terraced House by the Sea – Former Guest House.
Nestled in the heart of a sought-after coastal town, this spacious terraced property, formerly a well-loved guest house, offers a perfect blend of comfort, convenience, and coastal living.
With its enviable location just moments from the beach, this property is ideal for those looking to embrace the serene beauty of seaside life and be within walking distance to shops, pubs and restaurants too.
This spacious five-bedroom family home offers a perfect balance of character and practicality. With two to three generous reception rooms, there’s plenty of space to relax and entertain.
The large living room features abundant natural light and a cozy ambiance, ideal for family gatherings.
A second reception room offers a more formal space, perfect for hosting guests or enjoying quiet moments.
Additionally, a versatile third reception room can be used as another bedroom, study, home office, or playroom, depending on your needs.
The heart of the home is the open-plan kitchen and dining area, designed for ease of living and convenience, with modern appliances, ample storage, and direct access to the private garden, perfect for summer barbecues and outdoor entertaining.
Upstairs, the five bedrooms are spread across two floors, each offering ample space and beautiful views.
The two largest bedrooms benefit from en suite toilet’s and master bedroom boasts fantastic sea views.
There is a large family bathroom on the first floor in addition to the two en suite toilets and a complete shower room on the ground floor too.
The low maintenance rear garden offers a complete sun trap for relaxing and the option for parking, if required.
The property is presented to the market ‘ready to move into’ and has been well maintained by the current seller.
Outside, the property is set in a community-oriented neighbourhood with all amenities and travel links right on your door step.
Don't miss the chance to own a piece of coastal history in this beautiful, versatile home.
Whether you're seeking a unique family home, a weekend retreat, or a potential business venture, this property by the sea is a rare find.
Leasehold 891 Years remaining (freehold available to purchase) Ground rent £0 Service charge £0 Council tax band D
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 advisers 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
Agent & docs
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FAQ
About 36, Melville Street, Isle of Wight
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