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See how verdicts work2-bedroom bungalow · PO38 1RP
Listing removedReduced £15k (−12%) on 15 JulListed 578 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market 'chain free' is this very well presented, 2 bedroom, end of terrace bungalow located in a wonderful coastal setting.
The very large communal garden to the front offers fantastic sea views making this an ideal holiday home setting although all year round occupancy is permitted.
(officially 48 weeks per year) The bungalow comes with its own private decked area to the front and an allocated parking space to the rear.
Internally the layout comprises a modern lounge/dining area, separate kitchen, 2 bedrooms and the bathroom. The property is double glazed and has electric heating.
This location lies just a 10 minute walk from Ventnor town centre and beach with buses available to all parts of the Island.
This would make an ideal holiday home or ideal purchase for those wanting living accommodation all on one level.
The bungalow comes complete with share of freehold and welcoming community residents association. Share of freehold Council tax band: A service charge: £600 pa No pets allowed
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
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FAQ
About 14 Westfield Bungalows,, Madeira Road, Isle of Wight
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