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See how verdicts work4-bedroom semi-detached house · PO33 2LY
Listing removedListed 266 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 beautiful, period property set over 3 floors but being sold as an unfinished project.
The top level offering 2 large double bedrooms and sea views is completely finished, as are the 2 large double bedrooms on the middle floor.
The remainder of the project requires finishing off including the kitchen, lounge and dining room to the ground floor and the bathroom and utility room/2nd bathroom to the middle floor.
The property oozes character with its feature fireplaces, 1st level balcony and classic windows which have been completely restored recently.
The property has been fully rewired, replumbed and replastered throughout with all new gas central heating and a new boiler installed.
The remaining work firstly entails completing the kitchen floor, walls and installing the kitchen which is all present in flat packs ready to be fitted.
The dining room decorating needs completing and the same for the lounge. All the tiles required are in packs ready to lay the period tiled floor throughout the hallway area.
Once completed this will be a magnificent example of a fully refurbished 4 bedroom, family home in the centre of Ryde.
Parking permits are available for residents and there is also a large Council car park close by.
The shops and amenities of Ryde are just a 1 minute walk away and the beach and ferry links to the mainland just a 5 minute walk.
FREEHOLD COUNCIL TAX BAND: D Auctioneer Comments This property is for sale by the Modern Method of Auction.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Please call us to discuss this route of purchasing.
Lounge 4.47m x 4.42m Dining Room 3.94m x 3.3m Kitchen 4.37m x 3.48m Bedroom 1 4.47m x 4.42m Bedroom 2 3.96m x 3.33m Bedroom 3.68m x 2.92m Bedroom 3.38m x 3.33m
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 Yelfs Road, Ryde, Isle of Wight, PO33
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