3-bedroom semi-detached house · PO41 0SS
For saleListed 470 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented, three bedroom family home in a popular rural location close to Yarmouth.
Forge Cottage has been sympathetically extended in recent years by the current owners to provide spacious, flexible living accommodation and three comfortable bedrooms.
With the benefit of far-reaching southerly views over the surrounding farmland and countryside the property makes an ideal family home or low maintenance holiday home with it's convenient situation, less than a 10 minute drive away from the Yarmouth ferry terminal.
Thorley is a sought-after rural hamlet, close to the popular harbour town of Yarmouth.
The property is within easy reach of many footpath networks through picturesque farmland and countryside and is serviced by a regular bus service.
The county town of Newport, with a good selection of amenities, supermarkets and schools, is 15 minutes away by car. .
- Front Door opening into Entrance Hall - Window to side and doors off to: Family Room - A good-sized, double aspect reception room with attractive outlook over neighbouring farmland.
Kitchen - Fitted with a selection of solid wood floor and wall mounted units comprising cupboards and drawers, with working surfaces over.
With inset stainless steel sink with drainer, integrated electric oven with hob over and space and plumbing for dishwasher.
Walk-in pantry/cloaks cupboard and door to; Utility Room - With built-in cupboards with work tops over, space and plumbing for washing machine and tumble drier, oil-fired boiler and door to outside.
Cloakroom - With WC and hand basin. Sitting Room/Dining Area - Large reception room with window to the front and attractive views of the neighbouring farmland.
Working open fireplace with stone hearth and surround. Stairs to the first floor.
Landing - Doors to: Bedroom 1 - Good-sized double bedroom with glorious, far-reaching views of the surrounding farmland and downs beyond.
Bedroom 2 - Window to rear with attractive views of the surrounding countryside. Shelved airing cupboard housing hot water tank.
Bathroom - Suite comprising WC, pedestal basin, bath and enclosed shower cubicle with electric shower. Bedroom 3 - Window to side.
Outside - Forge Cottage has an easy to maintain garden with lawn to the front, side and rear and is enclosed by stone walls and hedging.
Gravel beds border the house and there is an ornamental pond at the rear. Driveway with parking for several cards, leading to various garden sheds, stores and workshop with power and lighting.
Services - Mains electricity and water connected. Oil fired central heating, septic tank. Council Tax - Band C. Epc Rating - E Postcode - PO41 0SS.
Viewings - Strictly by prior appointment with the sole selling agents, Spence Willard. Important Notice 1. Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Thorley, Isle of Wight
Explore nearby