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See how verdicts work1-bedroom flat · PO30 5PW
Listing removedListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within McCarthy & Stone development for the over-60s, Flat 36 is a beautifully kept one-bedroom apartment enjoying a peaceful position overlooking the picturesque Lukely Brook.
This purpose-built complex comprises forty-seven apartments designed to offer independent living with the reassurance of community and support.
The apartment itself features a welcoming entrance hall with a handy storage cupboard, a bright and airy living room, a well-equipped fitted kitchen, a generously sized double bedroom, and a modern bathroom.
The property benefits from double glazing throughout and is heated via electric storage heaters for year-round comfort.
Residents enjoy access to a range of excellent communal facilities, including an inviting lounge and kitchen, guest suite, laundry room, and attractive shared gardens with seating areas that back directly onto the brook, perfect for relaxing and enjoying the surroundings.
There is residents parking in the on-site car park, and the development is ideally located within walking distance of the town centre and Sainsbury’s supermarket, offering a convenient and low-maintenance lifestyle in a welcoming community setting.
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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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 Old Westminster Lane, Newport, Isle of Wight
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