3-bedroom detached house · PO38 3NP
To rentListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away in the charming village of Rookley, on the outskirts of Newport, this former chapel dating back to 1859 has been beautifully transformed into a striking detached residence that seamlessly blends character with contemporary living.
The property has undergone a complete and meticulous refurbishment, including a thoughtfully designed rear extension, and is finished throughout to an exceptional standard.
Modern living has been prioritised, with excellent energy efficiencies in place, including a Samsung air source heat pump, making the home both comfortable and cost-effective.
Set within spacious grounds, the property enjoys a large driveway running alongside the house, with additional space to the rear offering ample parking options.
The generous rear garden is a real highlight—south-westerly facing, private, and ideal for entertaining, relaxing, or simply enjoying the afternoon and evening sun.
Internally, the accommodation is both impressive and versatile.
The ground floor offers expansive living space, including a stunning fitted kitchen within the newly built rear extension, perfectly positioned to overlook the garden.
Triple track sliding doors open directly onto the outdoor space, creating a wonderful flow for indoor-outdoor living.
There is also a dramatic vaulted hallway, a practical utility room with plumbing for washing machine, with downstairs cloakroom WC, and a spacious lounge featuring a characterful fireplace with electric fire.
Completing the ground floor is a flexible third bedroom, ideal as a study or guest room.
Upstairs, the property continues to impress with two generous double bedrooms, a stylish family bathroom, and an additional en-suite shower room.
Storage has been well considered throughout, and the quality of finish remains consistently high.
This unique home enjoys a peaceful village setting while remaining within easy reach of Newport, with its range of shops, hospital, and amenities.
Surrounded by countryside walks and cycling routes, and benefiting from a welcoming village community, this is a truly special home that offers the best of rural living with everyday convenience close at hand.
* Rights of Way is applicable for the Electricity Board only Council Tax Band: E
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 Rookley, Ventnor, Isle Of Wight
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