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See how verdicts work2-bedroom bungalow · PO36 9LZ
Sold STCListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This detached bungalow is located in a quiet cul-de-sac on the outskirts of the popular coastal town of Lake.
The local convenience store, bus stops providing a regular service between Shanklin and Sandown, the Cliff Path with access to the beach, and several local supermarkets are all within easy reach.
The well-proportioned accommodation comprises 2 double bedrooms, a spacious lounge/dining room, separate kitchen, shower room, and conservatory.
Additionally, the property benefits from a gated driveway providing ample off road parking, a garage, and an enclosed rear garden featuring a sun room, summer house and garden shed.
The tucked away location, comfortable accommodation, and ample off road parking makes this an ideal home for anyone looking to enjoy Island life in one of its most sought after coastal settings.
A viewing is recommended to fully appreciate everything this truly impressive detached bungalow has to offer!
Porch - 3.23m x 1.42m (10'7 x 4'8) - Hallway - Lounge/Dining Room - 6.68m x 3.33m max (21'11 x 10'11 max) - Kitchen - 3.63m x 2.29m (11'11 x 7'6) - Conservatory - 3.84m x 2.54m max (12'7 x 8'4 max) - Bedroom 1 - 3.56m x 3.18m (11'8 x 10'5) - Bedroom 2 - 3.18m x 3.05m (10'5 x 10') - Shower Room - 1.98m x 1.78m (6'6 x 5'10) - Outside - To the front of the property the gated driveway provides off road parking.
The driveway extends down the side of the property and provides access to the garage with an up and over door.
The enclosed rear garden is laid mainly to lawn with a patio area, sun room, summerhouse and garden shed. Services - Unconfirmed: electric, telephone, mains water and drainage.
Council Tax - Band C - Please contact The Isle of Wight Council on .
Agents Notes - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you.
None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you.
Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Ample Driveway Parking * Lake
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