1-bedroom flat · PO39 0BW
To rentReduced £50 (−7.4%) on 20 OctListed 16 days
Opportunity summary
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About
NO DEPOSIT OPTION AVAILABLE - NEWLY DECORATED 1 BEDOOM GROUND FLOOR APARTMENT.
AVAILABLE NOW, UNFURNISHED The Property - One bedroom ground floor apartment that has just been redecorated and professionally cleaned.
The property in enjoys a convenient location with access to local convenience store, pubs, petrol station and take away, together with being just a short walk from the beach which boasts a waterfront restaurant.
The accommodation comprises Entrance to the building on the ground floor Entrance lobby into the property Leading to a large lounge / diner Kitchen with cooker and breakfast bar Shower room and separate WC & utility room with plumbing for washing machine Large double bedroom with storage cupboard Heating is gas central heating.
Services - Electricity, Gas, Water, Council Tax and media are exclusive of the rent. Epc - Rating D Local Authority - The Isle of Wight Council is the local authority.
Council tax band A Deposits - Holding deposit payable is £155 based on the advertised rent of £675pcm.
Subject to contract the sum of the holding deposit will be deducted from the first month rent payable.
The tenancy deposit payable, will be £775 based on the advertised rent of £675pcm, unless the applicant opts for the No Deposit Option "REPOSIT" - instead of paying a cash deposit of £775, the applicant would pay a fee to Reposit equal to one weeks rent of £2155.77 and then £30 per year thereafter - ask for details.
Pets - Pets will be considered at the landlords discretion.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About The Broadway, Totland
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