3-bedroom bungalow · PO38 3NS
Listing removedListed 437 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A nicely placed 3 bedroom bungalow situated within a quiet area within Rookley. Good size rooms and versatile accommodation throughout. Pretty mature garden and ample parking. Offered as Chain Free.
Double glazed door to The accommodation with appropriate measurement Hallway Cupboard housing oil filled boiler. Loft access.
( ladder light and water tank) Doors to: Lounge / Bedroom 3.61 m x 3.31 m (11'10" x 10'10") Radiator. Double glazed sliding doors to sun room. Sun room 5.70 m x 2.93 m (18'8" x 9'7") Part brick.
Double glazed windows and French doors to garden. Radiator. Kitchen 3.83 m x 3.03 m (12'7" x 9'11") Fully fitted kitchen with matching wall, base and drawer units. Stainless steel sink and drainer.
Tiled splash back. Fitted electric hob and double oven. Space for fridge / freezer , washing machine and dishwasher. Radiator. Double glazed window to side aspect.
Sitting Room / Current Master bedroom 3.61 m x 5.50 m (11'10" x 18'1") Double glazed window to front aspect. Two radiators. Feature fire place with inset fire.
Bedroom 2.59 m x 2.41 m (8'6" x 7'11") Double glazed window to side aspect. Radiator. Bedroom 3.01 m x 3.31 m (9'11" x 10'10") Double glazed window to rear aspect. Radiator. Fitted wardrobes.
Bathroom 3.31 m x 1.66 m (10'10" x 5'5") Bath with shower over. Low level WC. Hand basin. Tiled flooring. Tiled walls. Radiator. Outside Rear: Fully enclosed garden. mainly laid to lawn. Patio area.
Mature trees and shrubs. Gates to both side aspects. Outside tap. Garage Light and power. Door to garden. Front Mainly laid to lawn with ample driveway space for several cars.
EPC: E (available upon request) Oil Central heating
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 Manor Crescent, Rookley, Ventnor, Isle of Wight
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