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See how verdicts work2-bedroom flat · PO40 9GF
Sold STCReduced £13k (−6.3%) on 26 OctListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom maisonette is part of a recently built coastal development by the reputable local builders, Kensington Homes.
Completed in 2021, the property features contemporary design with high-end finishes throughout.
The ground floor location provides easy access to a private rear garden, offering a serene outdoor space for relaxation or entertaining.
Allocated parking and additional visitor spaces are available for your convenience.
Located just a few hundred yards from the beautiful Colwell Bay, residents can enjoy easy access to the beach and surrounding coastal walks.
Freshwater offers a range of amenities and is known for its picturesque landscapes, making it an ideal setting for those who appreciate natural beauty.
The area is also well-connected, providing straightforward routes to explore further afield.
This apartment is offered at a 20% discounted price of £208,000 from its current market value of £260,000 under the market sale scheme, requiring proof of a local connection to the island.
Interested buyers must register on IslandHomefinders.org.uk and meet the qualifying criteria to take advantage of this unique opportunity.
With such value on offer, don’t miss your chance to call this desirable location home.
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
FAQ
About Meadows Way, Freshwater, PO40
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