3-bedroom house · PO35 5ST
Listing removedReduced £80k (−13.9%) on 27 AugListed 191 days
Opportunity summary
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About
Situated on the idyllic Swain's Lane, close to the beach, this three-bedroom bungalow features private gardens, a large garage, and off-road parking.
Woodcroft is a three-bedroom bungalow comprising a spacious sitting room overlooking south-facing gardens, a kitchen, three bedrooms, and a bathroom.
There is a large integrated garage with utility space at the rear, as well as reasonable loft accessed via a hatch located in one of the bedrooms.
Constructed in the 1980’s the property has been well maintained but is cosmetically dated, offering an excellent opportunity for redecoration, modernisation, or potential redevelopment, including adding an upper floor as others in the lane have done, subject to obtaining the necessary planning consent and approval.
The positioning on one of Bembridge’s most sought-after and picturesque lanes is idyllic and provides easy access to the beautiful beach at Swains and the coastal path leading to the village, harbour and Sailing Club.
The Village has a good range of small shops for everyday needs, including an excellent fishmonger with freshly caught fish, a farm shop, a butcher, a coffee shop, delicatessen and several good restaurants.
A more comprehensive range of shopping facilities is available in the county town of Newport (13 miles) and the nearby town of Ryde (7 miles).
Located close to the eastern most point of The Island, Bembridge Harbour has extensive mooring facilities and two sailing clubs and there are wonderful coastal walks and sandy beaches accessible directly from the property.
There are shallow beaches, perfect for swimming, kite-surfing and beach-combing. Accommodation Entrance Via a storm porch with steps leading up to the original timber front door with inset glazing.
The hallway includes an airing cupboard housing a wall-mounted boiler and there is a separate W.C.
Kitchen With a full range of under-counter and wall-mounted storage units and a dresser-style unit, ample workspace, a stainless-steel sink with a mixer tap, and space plumbing for an oven.
Blue-tiled splashbacks. Open-Plan Sitting/Dining Room A bright, spacious room with French doors providing access to the garden and a southerly aspect.
The sitting room features a gas fire with a mantle and a stone hearth. Bathroom With tiled walls, a panelled bath with shower over, a pedestal wash basin and W.C.
Bedrooms 1,2 and 3 The bedrooms offer generous proportions and either a garden outlook or over the front aspect.
The end bedroom is partitioned into two areas, with a further stable door offering garden access.
Bedrooms two and three are good-sized doubles with front or rear views and integrated wardrobe storage.
Outside Set back from Swain’s Lane, the property benefits from a large gravelled driveway providing parking for several cars and access to the integrated garage.
The garage has an up-and-over door, a side window, and a utility room at the rear with a Butler sink, plus space and plumbing for a washing machine and tumble dryer.
The rear garden is particularly private with mature bay hedging and specimen trees, along with a large terrace ideal for outdoor dining and entertaining and a southerly aspect.
A greenhouse is situated in the corner. Services Mains electricity, water, and drainage. Heating is provided by a gas-fired boiler and distributed via radiators.
Tenure: The property is offered freehold. Council Tax: Band E EPC: Rating C Postcode: PO35 5st Viewings: Strictly by prior arrangement with the sole selling agents Spence Willard. Important Notice 1.
Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
Value & comps
No previous sales on record.
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About Woodcroft,, Swains Lane, Bembridge
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