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See how verdicts work3-bedroom house · PO30 5HY
For saleReduced £15k (−5.7%) on 13 OctListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Open day - Saturday 27th June Offered to the market with no onward chain, this 3 bedroom Victorian semi offers a fantastic opportunity to put your own stamp on a spacious family home that has been in the same family for 90 years.
Located in a sought after area on the outskirts of Newport the property is perfectly placed for local schools, Isle of Wight College, St.
Mary's hospital and many of the Island's largest employers whilst being well served by the main bus routes in & out of Newport.
The home offers ample living space as well as 3 bedrooms whilst the large garden was once the pride & joy of the current owners, enjoying a southerly aspect ensuring sun all day.
The garden includes a well-built tool shed, greenhouse fully equipped with potting shelves and is a haven for wild birds and is a sea of colour with mature trees & plants.
A private driveway to the front offers off road parking & could be extended to provide parking for multiple vehicles.
Two generous sized reception rooms downstairs provide flexible living, with a bay fronted room ideal as either a lounge or dining room.
The kitchen is relatively modern and well-equipped with a utility area & WC beyond, access to the garden is through the lean-to/utility space.
Upstairs are two excellent sized double bedrooms and single bedroom all served by the family bathroom whilst there is ample storage - ideal for a growing family with built in wardrobes, a spacious cupboard above the stairs, loft and 2 handy cupboards under the stairs.
Although the new buyers may want to modernise this solid family home, it is ready to move in to and create some lasting memories like the previous family cherish whilst knowing that some of the detailing around the fireplaces, windows in the lean-to and other finishings of the previous owner still live on.
We highly recommend joining us on the open day on Saturday 27th June - call to book your viewing.
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 23, Whitesmith Road, Isle of Wight
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