3-bedroom detached house · PO36 0JR
For saleReduced £20k (−8%) on 10 OctListed 463 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An "upside down" detached house in a semi rural location enjoying some superb countryside from the front elevation.
The property benefits from gas fired central heating, uPVC double glazed doors and windows and outside there is parking for 2/3 cars.
The property is within close proximity of a good convenience store/sub post office and the Morrison and Aldi superstores are about 1 miles distant and the main town of Shanklin is approximately 2 miles.
The property is offered with no onward chain and we would recommend an early viewing. It comprises: Ground Floor Entrance Door to Lobby Area And Entrance Hall With understairs store cupboard.
Bedroom 1 (3.96mmax x 3.38m into wardrobes (13'max x 11'1 int) With countryside views.
Bedroom 2 (3.05m 2.13m x 2.54m exc of door recess (10' 7 x 8') Box Room (1.52m x 2.18m (5' x 7'2)) Bathroom/Wc With suite comprising panel bath, pedestal wash basin, WC. Heated towel rail.
Stairs Leading To First Floor And Landing With ceiling hatch to roof space. Cloakroom With wash basin and WC Kitchen (2.90m x 2.18m (9'6 x 7'2)) With electric hob and oven, extractor unit over.
Valiant gas fired boiler.
Lounge/Diner (6.76m x 3.20m ext to 3.84m (22'2 x 10'6 ext to 12') To the rear, double doors enclosed by railings and to the front the property enjoys some truly superb views of the surrounding countryside and downland.
Outside To the front there is a block paved driveway, providing parking for 2/3 cars. Pathway to the rear of the property and moderate gravelled area to the side. Services All mains are available.
Tenure Freehold Council Tax Band 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 Alreves, Newport Road, Apse Heath
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