2-bedroom detached house · PO33 3TA
Sold STCListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a highly sought after area in the old village of Binstead, this two bedroom detached cottage has been refurbished and benefits from a new kitchen and bathroom, gas central heating, UPVC double glazing, a driveway for two cars and walled rear garden.
Rural and coastal walks are close at hand and the property is offered chain free. Part glazed door to: Entrance Hall: With stairs to first floor. Window to the front. Radiator.
Built in understairs cupboard. Cloakroom off: With low level WC. Wash hand basin with vanity under. Heated ladder towel rail. UPVC double glazed window to the rear.
Open Plan Living Area: 16'5" x 16'3" (5.00m x 4.95m) A light double aspect room: Kitchen area with a newly fitted range of base and wall units with built in drawers and work surfaces.
Stainless steel sink unit. Tiled splashbacks. Built in oven, hob and extractor. Integrated fridge freezer. Space and plumbing for a washing machine. Breakfast bar.
UPVC double glazed windows to front and rear. UPVC double glazed door to the garden. Two radiators. First Floor Landing: With UPVC double glazed window to the front. Radiator.
Built in airing cupboard. Loft access. Bedroom One: 14'0 x 8'0 (4.27m x 2.44m) With UPVC double glazed window to the front. Radiator. Two built in wardrobes.
Bedroom Two: 10' x 7'0 (3.05m x 2.13m) With UPVC double glazed window to the rear. Radiator.
Shower Room: With newly fitted corner shower cubicle, wash hand basin and vanity unit, low level WC and heated ladder towel rail. UPVC double glazed window to the rear.
Outside: Hardstanding to side of the property. Gated access to walled rear garden with patio area, pergola and lawn. Tenure: Freehold EPC Rating: E Council Tax: D
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 Church Road, Ryde, Isle Of Wight, PO33
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