3-bedroom house · PO36 8JB
For saleReduced £15k (−12%) on 14 OctListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An older style mid-terraced House that is well located being close to the town centre, shops, amenities and the Beach/Esplanade.
Also within the area is the Heights Leisure facility and Medical centre.
The accommodation is in need of some refurbishment and benefits include gas fired central heating and uPVC double glazed windows.
We feel the property would be of particular interest to investor purchasers and we would recommend an internal viewing.
It comprises: Ground Floor Communal Entrance Hall Shared with number 5 Entrance Lobby With stairs to first floor Living Room (3.68m x 3.63m (12'1 x 11'11)) Dining Room (4.70m max x 3.38m (15'5 max x 11'1)) Door off to rear yard Kitchen (1.50m x 2.97m (4'11 x 9'9)) First Floor Bedroom One (3.63m max x 2.69m (11'11 max x 8'10)) Bedroom Two (3.89m exclusive of door recess x 1.93m (12'9 exclu) Bedroom Three (2.16m max x 2.44m (7'1 max x 8'0)) Bathroom Outside Small enclosed concrete yard to the rear of the property with a pedestrian right of way leading to George Street Services All mains are available Tenure Held on the balance of a long under lease dated 1 April 1955, with the Leasehold being 1000 years from 1 Dec 1868 less 10 days.
The vendors will provide an indemnity policy at the point of sale. Council Tax Band B
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 3, George Street, Sandown
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