3-bedroom detached house · PO41 0TX
For saleReduced £15.1k (−2.7%) on 21 JunListed 310 days
Opportunity summary
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About
A wonderful example of a detached and substantially extended, natural stone, characterful cottage with a delightful, well-established garden, double garage and superb country views situated in this charming West Wight Village.
Lavender Cottage is located in a commanding and elevated position and has recently been the subject of a major refurbishment and now offers a new owner a superb opportunity to acquire a truly impressive property.
The current owners have undertaken significant works to the property, which has created a spacious three-bedroom house with an excellent blend of new and old architectural design.
A modern extension was constructed on the south-west side of the house which has led to a truly impressive kitchen/diner which offers stunning views and a full bank of bi-fold doors.
The kitchen is bespoke and is well-equipped with units and appliances.
There is a fabulous outside terrace and a Mediterranean themed outdoor kitchen, ideal for outdoor entertaining and al fresco dining, a great addition to the cottage.
A high-quality oak framed open sided pagoda gives an excellent covered entertaining area with power and light fitted.
From this area there are fine, southerly, views across the garden and rolling hills towards The Downs.
The house benefits from a flexible layout with two cosy front sitting rooms which are west facing.
There is a spacious ground floor shower room and three good sized bedrooms on the first floor, one of which has en-suite facilities.
The village of Newbridge is accessible to miles of footpaths and bridleways giving access to fabulous downland and coastal scenery.
It is situated approximately equidistant of the Island's commercial centre of Newport and the village of Freshwater to the West and the historic harbour town of Yarmouth with its mainland ferry terminal and excellent sailing facilities is within a 15 minute drive.
Outside There is a driveway leading to a detached double garage and a side path leading up to the main part of the garden. The garden backs onto farmland on the eastern side.
There is a well-stocked garden with a good range of mature plants. The double garage offers a useful space and could be used for alternative uses (subject to obtaining necessarily permission).
Infront of the garage is off street car parking. Services Mains drainage and electricity serve the property. Lpg gas central heating. Council Tax Band D. Epc Rating E.
Postcode PO41 0TX Viewings All viewings will be strictly by prior arrangement with the sole selling agents Spence Willard. Important Notice 1.
Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc.: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc.: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Lavender Cottage, Main Road, Newbridge
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