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See how verdicts work3-bedroom detached house · PO33 3TB
Sold STCListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a spacious chalet bungalow located on a 1/4 acre plot accessed via a private driveway in the popular Church Road area of Binstead.
The property requires upgrading but offers three bedrooms, two reception rooms, fitted kitchen and large garden.
Further benefits include gas central heating, UPVC double glazing, double garage, and utility room. Half glazed UPVC entrance door to: Entrance Porch: UPVC half glazed entrance porch.
Door to: Hallway: Radiator. Stairs off. Fitted cupboard. Living Room: 16'0" x 15'0" plus bay (4.88m x 4.57m plus bay) Double aspect room. UPVC double glazed to the front and side. Two radiators.
Stone fire surround. TV point. Door to: Dining Room: 13'7" x 13'7" (4.14m x 4.14m) Double aspect room. Two radiators. UPVC double glazed windows to the side and rear. UPVC French doors to garden.
Glazed door to: Kitchen/Breakfast Room: 15'0" x 13'0" (4.57m x 3.96m) With a range of fitted base and wall units. 1 1/4 Stainless steel sink unit. Tiled floor. Gas hob with extractor hood.
Electric oven. Space for fridge freezer. UPVC double glazed window to the rear. Radiator. Door to: Utility Room/Hallway 10'0" x 9'0" (3.05m x 2.74m) Plumbing and space for a washing machine.
Tiled floor. Two large cupboards. Extractor Fan. Door to: Rear Porch: UPVC double glazed windows and door to the garden. Cloakroom: Low level WC. Pedestal wash hand basin. Tiled floor. Radiator.
UPVC double glazed window to the side. Wall mounted boiler. Bedroom One: 12'0" x 11'10" (3.66m x 3.61m) Radiator. UPVC double glazed window to the front. Two fitted wardrobes.
Bedroom Two: 11'10" x 8'6" (3.61m x 2.59m) Radiator. UPVC double glazed window to the front. Two fitted wardrobes. Family Bathroom: Panelled bath. Low level WC. Pedestal wash hand basin.
Shower cubicle. Radiator. UPVC double glazed window to the side. First Floor First Floor Landing: Velux window. Door to loft. Bedroom Three/Loft Room: 16'0" x 13'3" (4.88m x 4.04m) Sloping ceiling.
Radiator. Two Velux windows to the rear. Door to the loft.
Outside Accessed via a private driveway, the garden completely surrounds the property and offers a large lawed area, growing area, car parking and double garage.
The garden is filled with mature plants and shrubs awaiting a keen gardener. Tenure: TBC EPC: TBC Council Tax: Band E
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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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.
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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 Church Road, Ryde, Isle Of Wight, PO33
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