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See how verdicts work2-bedroom bungalow · PO36 9QL
Sold STCListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This detached bungalow is located in a quiet cul-de-sac on the popular Merrie Gardens estate.
Several local supermarkets and bus stops with a regular service to Shanklin and Sandown are all within easy walking distance.
The seafront is only 5 minutes away by car with miles of sandy beaches and coastal paths to explore.
The accommodation comprises 2 bedrooms, lounge, separate dining room, spacious kitchen, and shower room.
Additionally, the property benefits from a shared driveway, an adjacent garage with an up-and-over door, and enclosed gardens.
The tucked away cul-de-sac location, and lovely far reaching viewings makes this an ideal home for anyone looking to enjoy a more relaxed pace of life in one of the Island's most popular coastal areas.
A viewing is recommended to appreciate everything this fantastic CHAIN FREE bungalow has to offer!
Entrance Hall - Lounge - 5.26m x 307.85m (17'3 x 1010) - Dining Room - 3.71m x 2.82m (12'2 x 9'3) - Kitchen - 4.22m x 2.69m (13'10 x 8'10) - Bedroom 1 - 3.58m x 3.48m (11'9 x 11'5) - Bedroom 2 - 2.84m x 2.57m (9'4 x 8'5) - Shower Room - 1.98m x 1.68m (6'6 x 5'6) - Outside - To the front of the property the shared driveway provides access to the adjacent garage with power.
The enclosed side and rear gardens are laid to lawn with a patio area and greenhouse with power. Services - Unconfirmed: gas, electric, telephone, mains water and drainage.
Council Tax - Council Tax Band D - Please contact The Isle of Wight Council on .
Agents Notes - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you.
None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you.
Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.
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
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FAQ
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