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See how verdicts work2-bedroom bungalow · PO30 1YF
Listing removedListed 390 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain Free. This 2/3 bedroom detached bungalow presents a rare opportunity to acquire a home on the edge of Newport in the peaceful and desirable area of Shide.
Conveniently situated in a quiet cul-de-sac, which overlooks a pleasant leafy green, the property offers versatile accommodation and fantastic potential for a creative modernisation.
The property comprises a front-facing double bedroom and a living room that could be used as an additional third bedroom.
There is also a single bedroom, shower room and decent-sized kitchen which has steps down to the patio, garden and garage.
An extension to the original bungalow extends the dining area (another potential third bedroom) offering an additional living room with double doors opening onto the pleasant patio area.
Externally, the front of the property has a lawned front garden, off-road parking and a garage.
Gated side access leads to a fully enclosed patio area and the generous sized and well-tended rear garden which has ample space to add a summer chalet, workshop, garden office or play area.
Additional benefits include gas central heating and Council Tax Band D.
While the property would gain from updating throughout, it offers huge potential to create a wonderful home in a sought-after location.
Early viewing is highly recommended to appreciate the scope on offer.
Entrance Hall Living Room/Bedroom 3 4.83m x 3.58m Kitchen 2.95m x 3.33m Dining Room/Bedroom 3 2.87m x 3.73m Living Room 2.95m x 3.6m Bedroom 1 3.12m x 3.76m Bedroom 2 2m x 2.46m Shower Room 1.57m x 2.46m Outside Off road parking leading to garage.
Lawned front garden with side access to enclosed patio and large rear garden laid mostly to lawn with a variety of mature shrubs, ornamental grasses and trees.
Heating Gas central heating to a radiator system Council Tax Band 'D' Tenure Freehold Please note Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
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.
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 Milne Way, Newport, Isle of Wight
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