2-bedroom house · PO31 8AF
Listing removedListed 108 days
Opportunity summary
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About
A detached 2 bedroom bungalow situated within a quiet street of Northwood. Off street parking and garage are features of the lovely property.
A large main reception and kitchen diner offer great internal space. Well maintained sunny aspect garden to the rear.
Double glazed and gas centrally heated - In need of some modernisation, the potential here is endless. CHAIN FREE EPC Rating: D Sitting Room Dimensions: 21' 10'' x 11' 9'' (6.65m x 3.59m).
A large front aspect reception - Inset gas fire. Kitchen Dimensions: 12' 6'' x 9' 2'' (3.8m x 2.8m) max.
Situated at the rear of the property, arranged with a series of storage units and counter tops. Space and plumbing for white goods. side door onto the garden.
Bedroom 1 Dimensions: 13' 9'' x 12' 6'' (4.18m x 3.8m). A large double bedroom with built in wardrobe storage. Over looking the garden.
Bedroom 2 Dimensions: 12' 6'' x 9' 10'' (3.8m x 3.0m). Additional double bedroom. Fitted wardrobes. Airing cupboard and gas combi-boiler.
Bathroom Recently remodelled, now provides a modern wet room shower, w/c and basin. safety non slip flooring throughout. Loft access.
Garage Dimensions: 15' 9'' x 11' 6'' (4.8m x 3.5m) max. A single garage complete with power and lighting. Modern roller front door with remote access.
Outside The property has well kept front and rear gardens. Off street parking in front of the garage. At the rear the garden is secure and laid to lawn with paved walk ways and patio.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Venner Avenue, Cowes, PO31
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