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See how verdicts work1-bedroom flat · PO37 6LS
Listing removedListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
- Lower Ground Floor Apartment - Spacious Lounge, Separate Kitchen - Gas Central Heating and Double Glazing - Allocated Parking Space - Near to Shanklin Town and Old Village Attractions - On Main Bus Route Into Town And Beyond - Communal Garden, Chain Free Sale Summary This lovely self-contained apartment is located on the outskirts of Shanklin in a tree lined avenue just a short walk away from the town centre.
Converted in 2004 from what was once believed to have been 'The Coach House' serving Ashcombe Court House the apartment is well presented throughout and is ready to move into.
As you enter the property there is a short internal stair case leading down into a spacious hallway where all rooms can be accessed.
The property is very economical to run and benefits from gas central heating and double glazed windows. Outside you will find well maintained communal gardens along with an allocated parking space.
This apartment would make a perfect first home for anyone looking to get onto the property ladder or equally a fabulous lock up and leave holiday home or rental investment.
The property is offered with no onward chain.
Entrance Hall Lounge 4.01m x 3.23m 13'02" x 10'07" Kitchen 3.58m max x 3m max - 11'9" max x 9'10" max Bedroom 3.76m x 2.67m 12'04" x 8'09" Bathroom Outside - Communal Courtyard Area - Allocated Parking Space Services - All Mains Connected - Gas Central Heating Tenure Leasehold Service Charge £1377.90 per annum.
Council Tax Band A EPC C
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 Victoria Avenue, Shanklin, Isle of Wight
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