3-bedroom house · PO33 2SD
For saleListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 3 bedroom, end of terrace cottage is ideally located in a quiet street yet within a 5 minute walk of the town centre shops and amenities.
The ground floor layout comprises a cosy lounge that leads into a dining area and on into the kitchen and the bathroom at the rear. To the upper floor are the 3 bedrooms.
The cottage is well presented, has double glazing and gas central heating throughout and also benefits from a small private and low maintenance garden to the rear that gets plenty of sun.
The property is ideally placed for easy access to local schools and public transport by both bus and train with the seafront and beach just a 10 minute walk away.
This centrally located cottage would make an ideal purchase for first time buyers or even those with a small family that require a convenient location with street parking generally available.
Leasehold: 999 years from 1852 (825 years remaining) No service charge, ground rent or fees of any kind payable council tax band: B Living Room (3.68m x 3.35m) Dining Room (3.68m x 2.67m) Kitchen (2.92m x 2.16m) Bedroom 1 (3.68m x 3.33m) Bedroom 2 (2.8m x 2.7m) Bedroom 3 (2.82m x 2.2m)
Value & comps
No previous sales on record.
Returns
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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 12, South Street, Isle of Wight
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