2-bedroom bungalow · PO37 7EL
For saleListed 514 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A super detached bungalow being well situated in a quiet cul de sac non estate location that is just over one mile from the town centre shops and amenities of Shanklin and about half of a mile from the Aldi and Morrisons Superstores.
The property is warmed by gas fired central heating and benefits include replacement uPVC double glazed windows and refitted kitchen and bathroom suites.
Outside there is parking for two cars, a single garage and private gardens to the rear with background views of the surrounding downland and countryside.
Additionally there is the benefit of solar panels which are on the remainder of a 25 year lease agreement from 2012.
It comprises: Enclosed Entrance Porch Leading to Open Plan Hallway With recess open cloaks area and built in store cupboard. Ceiling hatch to roof space with Glow Worm gas fired boiler.
Lounge (3.30m max x 4.65m (10'10 max x 15'3)) Kitchen/Diner (3.30m x 4.67m (10'10 x 15'4)) Well fitted with shaker style units and built in electric hob with oven under and extractor unit over.
Plumbed recess for washing machine. Integrated dishwasher. Side door and French doors to rear garden.
Bathroom/Wc Refitted white suite comprising panel bath with shower over, vanity wash basin unit with integrated low level WC. Heated Towel Rail.
Bedroom 1 (3.28m x 3.28m (10'9 x 10'9)) Bedroom 2 (3.30m x 3.23m (10'10 x 10'7)) Both the bedrooms enjoy lovely background views of the surrounding downland and countryside.
Outside To the front of the property, there is a small open plan garden and a driveway providing parking for two cars and leading to a semi-detached single Garage, 15'12 x 7'10, with up and over door, power, light and access door to the rear.
To the rear of the property there is a private garden being mainly laid to lawn with garden chalet and super views of the surrounding downland and countryside. Services All mains are available.
Tenure Freehold Council Tax Band C
Value & comps
No previous sales on record.
Returns
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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 8, Scotchells Close, Shanklin
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