We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · PO36 8QP
Listing removedListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A single storey mid terrace holiday Chalet forming part of a holiday park of similar properties and offering convenient access to the nearby Beaches of Yaverland and the town centre, shops and amenities being approximately 2 miles distant.
We understand that the property has a maximum 42 weeks of the year occupancy for holiday usage and we further understand that commercial bookings can provide a good income.
The Chalet comes fully equipped.
Entrance door to Open Plan Lounge/Kitchen (5.61m max x 3.20m reducing to 2.11m (18'5 max x 10) Bedroom One (2.74m x 2.13m exclusive of cupboards (9'0 x 7'0 ex) Bedroom Two (2.64m x 1.80m (8'8 x 5'11)) Shower Room Outside Communal grounds and car park.
Services Mains Electric, Water & Drainage. Tenure Held on the balance of a 99 year lease from 25 December 1988.
We are advised of the current following fees: Ground Rent - £120 per annum Insurance for 1/2 year - £289.80 Service Charge for 1/2 year - £680.12 Council Tax Band A Nb: The site is closed between the first week of January until the first week of March.
Access for maintenance & repairs permitted during this period.
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 Chalet 192, Sandown Bay Holiday Centre, Yaverland Road, Sandown
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