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See how verdicts work2-bedroom flat · PO30 5GN
For saleListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great opportunity to purchase a 2 bedroom ground floor apartment. Nicely presented throughout and a great first home, or an easily maintained forward purchase.
The accommodation with approximate measurements comprises: Door to: Hallway Radiator. Two storage cupboards with consumer unit.
Doors to: Lounge / Diner 3.93 m x 5.03 m (12'11" x 16'6") Two double glazed windows. Two radiators. Kitchen 2.57 m x 2.40 m (8'5" x 7'10") Fully fitted with matching wall, base and drawer units.
Stainless steel sink and mixer tap. Tiled splash back. Gas hob with extractor over. Fitted electric oven. Space and plumbing for washing machine. Space for fridge / freezer. Wall hung boiler.
Double glazed window. Bedroom 4.55 m x 3.33 m (14'11" x 10'11") Double glazed window. Radiator. Built in wardrobe. Bedroom 2.75 m x 3.07 m (9'0" x 10'1") Fitted wardrobes with sliding doors. Radiator.
Double glazed window. Bathroom 2.50 m x 1.72 m (8'2" x 5'8") Bath with shower over. Low level WC. Hand basin. Heated towel rail. Part tiled. Outside Communal areas consists: Allocated parking.
Bike store. Bin storage. Additional information Leasehold : 125 years from 1st January 2007 100% ownership Ground rent, service charge. TBC Council tax: Band "B"
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
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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 Apartment 1,Sandown House, 52 Snowberry Road, Newport, Isle of Wight
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