2-bedroom flat · PO40 9QD
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A chain free two bedroomed ground floor apartment with own garden and allocated parking located in Freshwater Bay.
The entrance from the private front garden takes you into a generous inner hall with access off to a large light and airy living room with feature fireplace, a well appointed kitchen/diner, two double bedrooms and a modern shower room.
Outside to the rear there is a right of way to and from the parking area offering own private space accessed from The Square.
Location This part of Freshwater Bay is a great mix of period homes with a number of Victorian and Edwardian properties lining one side of the road.
The location, opposite Dimbola Lodge, offers some enviable local walks across the downs with some spectacular seaviews and trails to The Needles and surrounding area.
The seafront at Freshwater Bay is withing a 3-4 minute walk and there are some local cafe's and restaurants locally and a nearby General Store.
The main shopping area is in nearby Freshwater Village and is a 5 minute drive away too with a range of supermarkets and bespoke shops, a sports centre with indoor heated swimming pool, a health centre and a library..
The nearest Ferry to and from mainland UK can be found at Yarmouth within a 10 minute drive with regular sailings to and from Lymington.
Hallway A well proportioned hall with access to all rooms with door to and from front garden.
Living Room (4.760 narrowing to 4.515 x 4.450 (15'7" narrowing) A light and airy room with wood stripped flooring, windows overlooking the front gardens and a feature fireplace making this a comfortable space to relax.
Kitchen/Diner (3.745 x 3.325 (12'3" x 10'10")) The kitchen offers ample worksurface areas and has a good range of wall and floor mounted kitchen units.
There is a "New World" range style gas and electric cooker inset within old fireplace with matching cooker hood over, a slimline dishwasher, space and plumbing for a washing machine, inset one and half stainless steel sink and drainer, soft-close units and downlighting .There are double glazed patio style doors to the side with access to rear parking area.
Bedroom One (3.690 x 3.625 (12'1" x 11'10")) A double bedroom with window to the rear and feature fireplace.
Bedroom Two (3.325 x 2.175 (10'10" x 7'1")) A smaller double room with built-in cupboard housing Gas Boiler and additional shelving space.
Shower Room Comprising a double shower, vanity unit with inset sink and cupboard under and low level WC.
Outside To the front there is a private garden with patio area, some mature shrubs and trees plus footpath from main road to private entrance.
Tenure Leasehold 999 years from June 2014 Postcode PO40 9QD Council Tax Band B Epc Rating C Viewing Strictly by appointment only via Spence Willard Estate Agents in Freshwater Important notice 1.
Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
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 1, Ardfern, Gate Lane, Freshwater
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