2-bedroom house · PO36 8JB
Listing removedListed 126 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A mews style house situated in the seaside town of Sandown. Arranged upside down this house has 1 double and a second room with space for a double bed. Unfurnished and available on long let.
GCH - long let - available now Entrance A spacious covered area with space for recycling bins, a push bike perhaps or pushchair. Hall Accommodation off and stairs to the first floor.
Storage cupboard and plumbing for washing machine. Bedroom 1 (10' 10'' x 9' 2'' (3.3m x 2.8m)) Double front aspect bedroom.
Bedroom 2 (10' 2'' x 10' 10'' (3.1m x 3.3m)) A second double bedroom at the rear of the house. Fitted with full width mirrored wardrobes.
Bathroom Fitted with a white suite to include, paneled bath and shower over, w/c and basin. First Floor Landing Cupboard storage and boiler.
Sitting Room (12' 10'' x 11' 2'' (3.9m x 3.4m)) A spacious reception and access out to a small balcony. Balcony A great addition, offering some outside space.
Kitchen/Diner (18' 4'' x 5' 11'' (5.6m x 1.8m)) Fitted with a series of storage units and contrasting worktops. Integrated electric cooker and hob. Space for dining table and chairs.
Velux style windows. Please Read Prospective tenants are required to have a combined income of at least 2.5x the rent to pass affordability checks.
If tenant income does not meet this threshold and/or they have poor credit history they may be required to provide a Guarantor.
Guarantors are required to have an income of at least 3x the rent to pass affordability checks, plus no negative credit history.
Based on the advertised rent of: £900pcm, the income thresholds are: Tenant(s): £30,000 per year or Guarantor: £36,000 per year We do not discriminate on where income comes from - earnings, benefits, pensions, investments etc are all treated equally.
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
Agent & docs
FAQ
About 1 Castle Mews,, George Street, Sandown
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