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See how verdicts work3-bedroom flat · PO36 8JS
Sold STCListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This purpose built fourth floor apartment is situated right on the seafront and benefits from uninterrupted views of the sea and bay.
The spacious three bedroom flat has two balconies and its own private garage. The perfect buy for those looking for a holiday home or indeed a full time home by the sea.
Communal front door with intercom system. Communal Hall: Lift and stairs to all floors, including floor 4. Front Door to: Hall: Spacious hallway with doors to all rooms.
Two built in storage cupboards, one of which houses the combination boiler. Radiator. Kitchen/Diner: 18'6 x 12'0 (5.64m x 3.66m) This good sized room is split into two distinct areas.
The kitchen area is fitted with a range of floor and wall mounted units with easy wipe worksurfaces. Built in oven, gas hob and extractor hood. Stainless steel sink unit.
Space for a washing machine, dishwasher, fridge and freezer. Tiled flooring. Radiator.
The dining area has space for a table and chairs, with two sets of UPVC double glazed windows providing lots of natural light and stunning uninterrupted views of the English Channel, the bay and Sandown Pier.
Double door lead to: Living Room: 18'6 x 15'6 (5.64m x 4.72m) Another light and spacious room with UPVC double glazed doors leading out on to a sizeable balcony, ideal as a place to sit and enjoy the sound of the sea and all the sights along the seafront.
UPVC double glazed windows provide uninterrupted sea views. Two radiators.
Bedroom One: 15'9 x 12'0 (4.80m x 3.66m) A lovely, comfortable double bedroom with the main feature being the UPVC double glazed doors and windows that again provide sea views and an access onto the balcony.
Fitted wardrobes and drawers. Radiator. Door to: Ensuite Shower Room: Freestanding shower, pedestal wash hand basin and low level WC. Radiator. Tiled flooring.
Bedroom Two: 11'6 x 9'4 (3.51m x 2.84m) Another double bedroom with UPVC double glazed window to the rear. Radiator. Bedroom Three: 9'8 x 9'0 (2.95m x 2.74m) A useful third bedroom or study.
UPVC double glazed window to the rear. Radiator. Bathroom: White suite comprises: panelled bath, pedestal wash hand basin and low level WC. Radiator. UPVC double glazed window to the rear.
Garage: With electric key fob and roller door. One of the few flats to have its own private garage. Tenure: Leasehold - 850 years from 1/10/1998 EPC: B Council Tax: D
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 Esplanade, Sandown, Isle Of Wight, PO36
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