1-bedroom house · PO33 1EN
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SINGLE OCCUPANCY ROOM WITHIN HOUSE SHARE: A FURNISHED DOUBLE BEDROOM located on the outskirts of Ryde - convenient for town amenities, the train station and sea front with its Island/mainland transport links - ideal for commuters.
Located within Oakfield on the outskirts of Ryde, this shared house offers benefits from shared areas including the fully fitted kitchen with dining/seating area, 2 shower rooms, plus a residents' garden.
Available: 26th October * Deposit: £605 * EPC Rating: C * Includes Gas, Water, Electricity bills, Wi-fi & Council Tax.
Shared Kitchen/Living: - 7.06m x 2.69m (23'2 x 8'10) - Smart communal Kitchen with open plan aspect into Living/Dining area: Modern fitted kitchen with washing machine, electric hob, fan oven & grill, fridge/freezer and inset sink unit.
Wall cupboards for residents' use. Wood effect flooring. Double glazed window. Dining table and 4 chairs, 2 seated sofa, a second fridge/freezer, TV. Radiator.
Double glazed window and French doors to outside. First Floor Landing: - Leading to the private rooms plus 2 shared Shower rooms.
Bed/Sitting Room: - Dual aspect room over-looking the front and side of the property.
Double divan bed, bedside cabinet with light, 3 drawer chest, double wardrobe with full length mirror, vanity wash hand basin.
Radiator Shared Shower Room (1): - Suite comprising large shower cubicle, low level wc and wash hand basin. Heated towel rail. Tiled walls and linoleum flooring. Obscured double glazed window.
Extractor fan. Shared Shower Room (2): - Suite comprising shower cubicle, hand wash basin, low level w/c. Double glazed window over looking front of property.
Tiled walls, linoleum flooring, extractor fan. Garden: - There is a shingled area to front with a paving stones pathway leading to the entrance door.
The enclosed, very private rear garden - to be shared by residents of No. 17 - offers a large decked area plus shingle surrounds with established trees and shrubs.
Permitted Tenant Fees: - LETTING FEES in accordance with the Tenant Fees Act 2019 (inclusive of VAT) As well as paying the rent, tenants may also be required to make the following permitted payments.
Before the tenancy starts (payable to Seafields Estates Limited 'The Agent'): Holding Deposit: Equivalent to 1 week's rent (Calculation: Rent x 12 divide by 52 rounded down to nearest £1) Deposit: Equivalent to 5 weeks' rent (as above)Any changes to the tenancy agreement at tenants request, £50 per change; Key replacement if lost.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Reed Street, Ryde, PO33 1EN
Explore nearby