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See how verdicts work2-bedroom bungalow · PO37 7NG
Listing removedListed 508 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a popular development on the outskirts of the main town of Shanklin and within easy reach of some lovely countryside walks this 2 bedroom bungalow really must be seen to appreciate it's lovely position.
The property also enjoys some lovely far reaching Sea Views toward Culver Cliff from its pretty rear gardens.
The property is warmed by gas central heating via a combi boiler has uPVC double glazed windows and doors, Kitchen/Diner and lovely Conservatory.
We feel subject to the necessary consents the property could be extended to the right side side to provide additional accommodation and it is offered with no forward chain.
Entrance Hall Lounge (4.83m max x 3.07m max (15'10 max x 10'1 max)) Kitchen/Diner (4.27m x 3.00m (14' x 9'10)) Conservatory (3.91m x 2.44m (12'10 x 8')) With Sea View Bedroom 1 (3.61m x 2.72m (11'10 x 8'11)) With Sea View Bedroom 2 (3.00m x 2.72m (9'10 x 8'11)) Shaower Room (2.51m x 1.65m (8'3 x 5'5)) Garage (5.21m x 3.05m (17'1 x 10')) Power and light Outside Front: The front garden is mainly laid to lawn with mature planting leading to the side garden (we feel there is room to extend the property if required subject to the necessary consents) Driveway leading to the Garage.
Rear: The rear garden has a lovely patio area with lovely Sea Views over to Culver Cliff. The main garden is laid to lawn and has a wealth of mature planting and trees.
Council Tax - Band C Services - All Mains Available Tenure - Freehold (To Be Confirmed) Solar Pv System We understand the solar panels are leased on this property for a period of 25 years starting January 2012 Via Homesun Limited.
Value & comps
No previous sales on record.
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 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
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FAQ
About 63, Carter Avenue, Shanklin
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