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See how verdicts work2-bedroom flat
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A light and airy first floor maisonette offering well appointed accommodation that benefits from uPVC double glazed windows, electric heating and replacement Kitchen and Shower Room suites.
Outside the property has the advantage of allocated Off Road Parking and two Private Garden Areas. The maisonette in nicely located in a quiet area of the Village environment of Wroxall.
Within close proximity is a convenance store and nearby are miles of Countryside Walks. The main Town of Shanklin and Ventnor are around three and a half miles and three miles distant.
It comprises; Ground Floor Private entrance to first floor.
Lounge (3.94m x 3.00m (12'11 x 9'10)) Kitchen (3.48m max x 2.69m (11'5 max x 8'10)) Bedroom 1 (3.48m into wardorbe x 2.79m (11'5 into wardorbe x) Bedroom 2 (3.00m into wardrobe x 2.87m (9'10 into wardrobe x) Shower Room (2.44m max x 2.11m (8' max x 6'11)) Landing Area With lined cupboard and access to occasional overhead bed area.
Outside Allocated parking for one vehicle and two private garden areas - one being open plan and one being enclosed with shed.
Tenure - Leasehold Held on the balance of a 250 year lease from 9th March 1973.
We understand the current service charge is £90 per annum and a further £147.27 per annum for the share of the building insurance. Council Tax Band - B Services Mains electricity, water and drainage
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
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FAQ
About West Street, Wroxall
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