7-bedroom property · PO36 8JR
For saleReduced £25k (−4.5%) on 21 JunListed 415 days
Opportunity summary
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About
Offered chain free, an exciting opportunity to acquire an imposing four storey, seven bedroom, Victorian semi-detached town house, with a lock-up shop, double garage and large sunny roof terrace.
Features and benefits of the property include superb sea views, gas central heating, replacement uPVC double glazing, and many original features such as fireplaces, staircase, high ceilings and cornicing.
The property is located near to the top of Pier Street and only about 50 metres from the large sandy, family friendly beach and the recreational pleasure pier.
Very conveniently placed for the High Street shops, the nearby leisure centre facilities and the medical centre, the property is also in close proximity of local bus stops, and the train station is approximately half a mile distance.
The current owners have enjoyed the spacious, light and airy accommodation for a good number of years but are now selling due to their retirement plans and therefore the property is being offered for sale ready for its next chapter of ownership.
Ground Floor Lock-Up Shop (5.74mmax x 4.22m max (18'10max x 13'10 max)) With intercommunicating door to the main house Entrance Hall With cloakroom containing WC and basin.
Door to Store Area (4.32m x 2.77m (14'2 x 9'1)) Leading to Utility Area (2.64m x 2.44m (8'8 x 8'0)) With sink and plumbing for washing machine, and walk in shower Double Garage (7.42m x 4.88m (24'4 x 16')) Double width garage with up and over remote controlled electric door, with power and light Stairs Leading To First floor Lounge (5.87m max x 4.50m max (19'3 max x 14'9 max)) Cloakroom With WC and basin.
Wall hung Glow Worm gas fired boiler. Kitchen (5.87m x 4.42m (19'3 x 14'6)) With breakfast bar, integrated gas hob and half height electric oven.
Double Doors to Roof Terrace (6.20m x 5.21m (20'4 x 17'1)) Stairs to Second Floor Shower Room With shower cubicle, basin and WC Bedroom One (5.84m max x 4.52m max (19'2 max x 14'10 max)) Bedroom Two (3.30m max x 4.55m max (10'10 max x 14'11 max)) Bedroom Three (4.55m x 2.39m max (14'11 x 7'10 max)) Stairs to Third Floor Bathroom With white suite bath with shower over, basin and WC Bedroom Four (4.55m max x 3.02m (14'11 max x 9'11)) Bedroom Five (4.62m x 3.35m max (15'2 x 11' max)) Bedroom Six (2.36m max x 4.62m (7'9 max x 15'2)) Bedroom Seven (4.50m x 2.77m max (14'9 x 9'1 max)) Outside Double width garage with up and over remote controlled electric door, with power and light Nb the shop unit is currently let and we understand from the vendor client that the existing tenant is equally in agreement to stay on or vacate.
Services - All Mains Available. Tenure - Freehold Council Tax Band - Tbc
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.
Area
Agent & docs
FAQ
About 2, Pier Street, Sandown
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