3-bedroom house · PO33 2FW
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NEW INSTRCUTION #NO DEPOSIT OPTION AVAILABLE# 3 BEDROOMS. MASTER ENSUITE SHOWER ROOM, 3 STOREY HOUSE, LOCATED ON OUTSKIRTS OF TOWN CENTRE, UNFURNISHED, AVAILABLE NOW.
The Property - South View Close in Ryde, is quiet residential development that presents an excellent opportunity for those seeking a modern family home located on the outskirts of Ryde town centre.
Built in 2008, the property boasts a generous living space of 990 square feet, thoughtfully designed to cater to contemporary living.
The property is situated in a peaceful neighbourhood, while still being close to local amenities, schools and transport links.
The accommodation comprises; Entrance hall with WC A spacious reception room, perfect for both relaxation and entertaining guests with door leading to a low maintenance garden.
Fitted kitchen with integrated oven, hob, fridge freezer, washing machine. Stairs to first floor; Bathroom with shower over bath. Rear double bedroom. Master double bedroom with ensuite shower room.
Stairs to second floor; Large double bedroom covering the footprint of the property - ideal teenagers room or home office.
Allocated parking for 1 car, plus visitors space on a first come first serve basis. Services - Mains electricity & water.
Heating and hot water supplied by an onsite bio mass plant which together with Council Tax and media are exclusive of the rent.
Epc - Rating C Local Authority - The Isle of Wight Council is the local authority. Council tax band C Deposits - Holding deposit payable is £330 based on the advertised rent of £1,450pcm.
Subject to contract the sum of the holding deposit will be deducted from the first month rent payable.
The tenancy deposit payable, will be £1,670 based on the advertised rent of £1,450pcm, unless the applicant opts for the No Deposit Option "REPOSIT" - instead of paying e a cash deposit of £1,670, the applicant would pay a fee to Reposit equal to one weeks rent of £334.61and then £30 per year thereafter - ask for details.
Pets - Considered at landlord's discretion
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.
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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
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FAQ
About South View Close, RYDE
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