2-bedroom flat · PO40 9FF
Sold STCListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*CHAIN FREE* Two bedroom flat with an allocated parking space ideally situated close to Freshwater village centre.
A purpose built flat, centrally located within the village, accessible to shops and amenities.
Comprising a secure communal entrance, hall, living room with adequate space for a dining area with a table, kitchen, two bedrooms and a bathroom.
The property also benefits from an allocated parking space.
The property is just a minutes walk away from the village centre which offers a range of shops as well as cafes, restaurants, doctors surgery and leisure centre with swimming pool.
Freshwater Bay which lies to the south and easily recognised by its chalk cliffs and rocks is within walking distance or a short drive, as is Colwell Bay with popular seaside restaurant 'The Hut'.
The car and passenger ferry from the pretty harbour town Yarmouth to Lymington is within a circa 5 minute drive. Tenure Leasehold. 125 years from 2006. 105 years remaining.
Service charge for 2026 - £70 per month. Ground rent - £100 per annum.
Council Tax Band B Hall Living Room 4.5m x 2.9m Kitchen 2.92m x 2.72m Bedroom 1 4.1m x 2.87m Bedroom 2 2.82m x 2.82m Bathroom 1.68m x 2.5m NB.
Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 plus VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
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
FAQ
About Brookside Close, Freshwater, Isle of Wight
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