18-bedroom detached house · PO38 1QT
For saleListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference number : 863955 VENTNOR TOWERS PO38 1QT BONCHURCH ISLE OF WIGHT Built as a Gentleman's residence, previously used as a hotel but planning permission now granted to return to a single dwelling Allocated on the Isle of Wight Council Brownfield Register in 2024.
Residential development potential.
3 acres with private cliff top access PLANNING PERMISSION GRANTED FOR RESIDENTIAL DWELLING 3 ACRES WITH FURTHER DEVELOPMENT POTENTIAL (FAVOURABLE PRE APP FOR DEVELOPING THE LAND) SUITS A VARIETY OF USES: BOUTIQUE HOTEL, AIR BnB, CONVERSION TO FLATS, NEW DWELLINGS IN THE GROUNDS, GLAMPING OR A MIXTURE OF THE ABOVE.
IDEAL SPLIT FOR OWNER'S ACCOMODATION 18 BEDROOMS TENNIS COURT SWIMMING POOL HELI PAD VENTNOR 'THE ENGLISH MEDITERRANEAN' MICROCLIMATE BUILT IN 1872 STUNNING CLIFF TOP VIEWS GARAGE, VAST AMOUNT OF PARKING PRIVATE CLIFF TOP ACCESS ALSO AVAILABLE SEPARATELY with a guide of £150K - CAR PARK with 11 spaces with development potential 11 space tarmac car park with development potential.
Spaces rent at £60 per month per space. Allocated on the Isle of Wight Council Brownfield Register in 2024. Residential development potential. Amazing sea views. Direct road access.
Services available.
Other examples of bungalows and dormer style units near by Ventnor It’s been compared to Notting Hill, Charles Dickens (no less) described it as “The prettiest place I ever saw in my life, at home or abroad" and it is now home to a quirky home-grown arts festival.
And it’s not just Dickens who loved Ventnor - Karl Marx, Sir Winston Churchill and Mahatma Gandhi were among icons of the past to take the town’s air Dickens regularly swapped city smog for the fresh sea air of the Island, calling Bonchurch “the prettiest place I ever saw in my life” while staying here in 1849 to work on David Copperfield.
Council Tax: Council tax exempt WARNING: Never transfer funds to a property owner before viewing the property in person. If in doubt contact the marketing agent or the Citizens Advice Bureau.
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Property Reference number : 863955
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
Agent & docs
FAQ
About Madeira Road, Ventnor
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