2-bedroom house · PO33 3PJ
Listing removedReduced £19.9k (−9.1%) on 21 JunListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented 2 bedroom property is set in a very quiet cul-de-sac in Binstead yet still only a 5 minute drive away from all the amenities of Ryde town centre, mainland ferry links and the seafront.
This modern style home comes complete with driveway parking to the front plus a small, well enclosed garden to the rear, ideal for children and pets.
The internal layout offers a kitchen plus a good size lounge with useful conservatory to the ground floor with 2 double bedrooms and the bathroom to the upper floor.
The house is fully double glazed and has gas central heating throughout. Main bus routes towards both Ryde and Newport pass close by with local schools within easy reach.
As well as the driveway parking there are also visitors parking bays available.
This would make an ideal purchase for first time buyers as well as those looking for a home in a quiet yet convenient location. Freehold Council tax band: B
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
FAQ
About 6, Hawthorn Close, Isle of Wight
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