2-bedroom terraced house · PO41 0QL
For saleListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Yarmouth, is this pretty end of terrace 2 bedroom cottage. Ideal for a lock-up and leave.
Field Place is situated in the heart of Yarmouth and is perfectly positioned for those wishing to take advantage of the excellent sailing facilities, good range of local shops and restaurants and frequent ferry service to the mainland.
The picturesque Yar Estuary is also just a stones throw away and offers many different walks through open countryside and areas of outstanding natural beauty.
Entrance Porch Glazed door to: Lounge/Dining Room (6.2 x 3.26 (20'4" x 10'8")) Light, open-plan room with double glazed window to front with secondary glazing, fireplace with marble hearth and wood burning stove, radiator and inset spot lights.
The dining area is comfortably spacious and leads into the kitchen.
Kitchen Well fitted galley style kitchen with wall and base units and drawers, integrated fridge, slimline dishwasher, electric oven, and hob with extractor hood over.
Inset single bowl sink with drainer, working surfaces and tiled splash backs. Radiator, inset spot lights, tiled flooring, skylight and window to rear. Glazed door to rear courtyard.
Alcove utility area with space and plumbing for washing machine with work surface over. Bathroom Suite comprising bath with mains power shower over and tiled surround, hand basin and WC.
Skylight, radiator, heated towel rail, inset spot lighting and tiled floor.
Landing With doors off to: Bedroom 1 (3.3 x 3.25 (10'9" x 10'7")) A light and sunny double room, with radiator and built-in cupboard.
Double glazed window with secondary glazing to the front and window to the side with glimpses of the nearby Estuary. Stairs leading to the loft room.
Bedroom 2 (2.8 x 1.73 (9'2" x 5'8")) Single room with double glazed window to rear. Radiator. Wc Suite comprising hand basin and WC. Radiator, tiled flooring and alcove housing boiler.
Loft Room (3.65 x 2.89 (11'11" x 9'5")) Currently used as a third bedroom. Eaves storage area. Two Velux windows.
Outside The rear courtyard garden is enclosed by walling, and is paved and lawned, with borders planted with established shrubs.
There is a timber shed, and gated acces to rear alley way, leading out to the main road. Permit parking only. Services All main services are connected to the property. Council Tax Band B.
Epc Rating D. Postcode PO41 0QL Viewings All viewings will be strictly by prior arrangement with Spence Willard. 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 Field Place, Tennyson Road, Isle of Wight
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