3-bedroom bungalow · PO33 3SF
For saleListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market 'chain free’ and with vacant possession, this beautifully presented, 3 bedroom chalet bungalow is located in a very quiet street in Binstead and offers pleasant views from its raised position.
The very large frontage offers ample parking for up to 5 vehicles and there is also a garage. Without doubt the main feature of this lovely property is the very large and newly landscaped rear garden.
A well maintained lawned area is complimented by the 2 spacious patio areas as well as a summer house.
The internal accommodation has been fully refurbished by the current owners over the last few years with the ground floor layout comprising a large lounge (over 20ft) with space for a dining table, a modern kitchen and a downstairs bedroom with the upper floor offering 2 double bedrooms and the modern family bathroom.
The property is completely ready to move in to and comes with double glazing and gas central heating with a modern boiler throughout.
The main town centre of Ryde along with the seafront and beach are just a 5 minute drive from this location with main bus routes towards Ryde and Newport close by.
FREEHOLD COUNCIL TAX BAND: C Living Room 6.15m x 3.15m Kitchen 3.33m x 3.12m Downstairs bedroom 2.87m x 2.4m Bedroom 1 5.16m x 2.34m Bedroom 2 3.66m x 2.7m
Value & comps
No previous sales on record.
Returns
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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 The Mall, Ryde, Isle of Wight, PO33
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