1-bedroom flat · PO33 2HT
To rentListed 3 days
Opportunity summary
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About
NEW INSTRUCTION - 1 BED SECOND FLOOR FLAT. TOWN CENTRE LOCATION. UNFURNINSHED. AVAILABLE 26 NOVEMBER 2026.
The Property - A one bedroom second floor apartment located within the town centre, enjoying access to convenience stores, super markets, bars, restaurants and takeaways and mainland passenger ferry links to the mainland.
The accommodation comprises; Stairs to first floor communal patio terrace. Entrance door to building and stairs to second floor. Flat entrance door leading to entrance hall. Lounge, open plan kitchen.
Bathroom with shower over bath Double bedroom Heating - night storage Unfurnished Available 26 NOVEMBER 2026 - long term Services - Mains water, sewage and electricity.
Epc - Rating 50 E Local Authority - The Isle of Wight Council is the local authority. Deposits - Holding deposit payable is £150 based on the advertised rent of £650pcm.
Subject to contract the sum of the holding deposit will be deducted from the first month rent payable.
The tenancy deposit payable, will be £750 based on the advertised rent of £650pcm, unless the applicant opts for the No Deposit Option "REPOSIT" - instead of paying e a cash deposit of £750 the applicant would pay a fee to Reposit equal to one weeks rent of £150 and then £30 per year thereafter - ask for details.
Pets - Pets may be considered.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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