1-bedroom flat · PO36 9PN
Listing removedReduced £10k (−8%) on 21 JunListed 301 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market 'chain free' is this very smart 1 bedroom, 'purpose-built' maisonette set in a quiet cul-de-sac in Sandown.
The property comes complete with allocated parking to the front and has recently been redecorated throughout.
The driveway leads to a private entrance door and up to the accommodation on the first floor where you will find a spacious lounge and dining room, separate kitchen, a good size double bedroom and the bathroom.
The sale can include the kitchen fridge freezer, cooker and washing machine.
The flat is fully double glazed and has electric heating and the outlook also offers pleasant views across the neighbouring countryside.
The flat is located within easy reach of bus routes towards Ryde and Sandown and is also close to the train station for easy access to mainland ferries.
This is a spacious and well-presented flat and would make an ideal purchase for first time buyers.
The building insurance costs are split between the 4 flats in this modern building with no regular service charges payable.
Leasehold: 999 years from 1 June 1990 (964 years remaining) ground rent: £1.00 per year No monthly service charges Living Room (5.36m x 3.7m) Kitchen (3.25m x 1.68m) Bedroom (3.25m x 2.95m)
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 10, The Warren, Isle of Wight
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