3-bedroom house · PO33 2RZ
Sold STCReduced £10.1k (−3.5%) on 24 JulListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An older style detached house located on the corner of Prince Street and Well Street offering convenient access to the upper High Street area of the town.
From there, there is easy access to all the town centre shops and amenities including the bustling Union Street.
Ryde enjoys mainland passenger links to both Portsmouth and Southsea via the Catamaran and Hovercraft services.
The property benefits from gas fired central heating and replacement uPVC double glazed doors and windows and is offered with no onward chain.
To fully appreciate the good sized accommodation we would recommend an internal viewing.
It comprises: Ground Floor Covered Recess Entrance Front door to Entrance Hall Cloakroom With WC & pedestal wash basin Lounge/Diner (8.28m into bay x 3.38m extending to 4.04m max (27') Doors from Dining area into Garden Kitchen (2.69m x 2.39m (8'10 x 7'10 )) With built in Hob & Oven with extractor over.
Cupboard housing Ideal gas fired Boiler.
Stairs leading to First Floor And Landing Bedroom 1 (4.27m into bay x 4.04m max (14'0 into bay x 13'3 m) Bedroom 2 (3.43m x 3.89m (11'3 x 12'9)) With ceiling hatch to roof space Bedroom 3 (2.67m x 2.39m (8'9 x 7'10)) Shower Room With quadrant shower, pedestal wash basin, low level WC & heated towel rail.
Outside To the rear of the property there is an enclosed Garden being of a manageable size, being part laid to patio and grass. Small front garden area being mainly laid to patio.
To the side of the property there is an area which may have potential to create a hard standing for Car Parking, subject to the necessary consents.
Services All mains are available Tenure Freehold Council Tax Band C
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 29, Well Street, Ryde
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