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See how verdicts work4-bedroom bungalow · PO35 5XA
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built in 1936, this detached bungalow is set in extensive gardens within a sought after close in Bembridge, and for many years was run as a market garden for the village.
Although the bungalow would now benefit from modernising and updating, it provides a great opportunity for a new owner to do this to their own requirements, whilst also having the potential for extension and the addition of annexe accommodation, subject to planning consents.
Currently the accommodation comprises entrance porch and hallway, a spacious sitting room with access into a conservatory, a kitchen, 3 double bedrooms, a shower room and a cloakroom.
On the first floor the loft has been converted to create a 4th bedroom, with the potential to increase this further to provide a bathroom or additional bedroom.
Externally, the south westerly aspect plot extends to approximately 230 feet, incorporating mature gardens, vegetable plots, fruit cages, a large modern greenhouse and shed.
Of further benefit is a detached garage and parking for at least 3 cars.
The bungalow has been enjoyed by the same family for the last 60 years, so this is a great opportunity for a new owner to create their own home in this fabulous location within the thriving coastal village of Bembridge.
Entrance Porch A glazed front door leads into the porch which has windows to the front, a built in cupboard and a glazed door to: Entrance Hall Built in storage cupboard, radiator and fitted carpet.
Double glazed window to the front and skylight window giving borrowed light from the loft room. Stairs to the loft room.
Accommodation off: Sitting Room 26' 10'' x 12' 5'' (8.18m x 3.8m) A spacious room with double glazed windows to the side and rear. Feature fireplace with a gas connection.
Radiator and fitted carpet. Double glazed patio doors to: Conservatory 15' 3'' x 18' 2'' (4.67m x 5.54m) A double glazed conservatory with a polycarbonate roof and a dwarf brick wall.
Windows to all sides, French doors leading into the garden and a door out to the side. Tiled flooring. Doors to the sitting room and kitchen.
Kitchen 15' 2'' x 18' 2'' (4.64m x 5.56m) Fitted with a range of wall and floor units with work surfaces over, tiled surrounds and an inset sink unit.
Gas cooker point, space for a fridge freezer and plumbing for a washing machine. Double glazed window to the side. Walk in larder with a window and fitted shelving. Further built in storage cupboard.
Telephone point, radiator and vinyl flooring.
Bedroom 1 14' 1'' x 12' 4'' (4.31m x 3.76m) A double bedroom with double glazed French doors and windows to the rear garden and a double glazed window to the side.
Gas wall heater and fitted carpet. Bedroom 2 12' 4'' x 11' 3'' (3.78m x 3.43m) A double bedroom with a double glazed window to the side. Radiator and painted wooden floorboards.
Cupboard housing a Vaillant gas boiler. Bedroom 3 9' 3'' x 12' 4'' (2.82m x 3.76m) A double bedroom with a double glazed windows to the front and side. Radiator and fitted carpet.
Shower Room Fitted with a double sized shower cubicle, a wash basin and a WC. Obscured double glazed window to the front. Radiator. WC Fitted with a wash basin and WC.
Obscured double glazed window to the front. Vinyl flooring.
Bedroom 4 11' 3'' x 17' 5'' (3.43m x 5.32m) Stairs from the ground floor lead up to a small landing space which gives access to a useful additional loft room. Double glazed window to the rear.
Built in cupboard and storage into the eaves space. Fitted carpet.
Door to: Loft Space 11' 4'' x 12' 9'' (3.47m x 3.9m) An additional storage space which could also be converted into another bedroom or bathroom. Velux window.
Solar panel meters and hot water cylinder. Outside The bungalow is set within a large south westerly aspect plot of approximately 230 feet in length.
To the front there is an open plan lawned garden and a block paved driveway which provides parking for 3 cars and leads to a detached garage.
Extensive gardens to the rear incorporate lawns, mature flower beds, vegetable plots and fruit cages, in addition to a large greenhouse and timber shed. Outside tap and lights.
Garage A detached garage with an up and over door to the front. Additional Information Heating: A gas boiler provides domestic hot water and heating via panelled thermostatic radiators.
Solar panels. Tenure: Freehold EPC rating: TBC Council tax band: E MISREPRESENTATION ACT 1967. PROPERTY MISDESCRIPTION ACT 1991.
Turnbull IOW Ltd, for themselves and Vendors of the property, whose agents they are, give notice that these particulars, although believed to be correct, do not constitute any part of an offer or Contract, that all statements contained in these particulars as to this property are made without responsibility and are not relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever to this business.
An intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
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 St Lukes Drive, Bembridge, Isle of Wight, PO35 5XA
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