2-bedroom flat · PO35 5XH
For saleReduced £4k (−2.7%) on 5 SepListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom ground floor apartment, offered to the market chain free, making it an ideal purchase!
The property benefits from a practical and comfortable layout, with a bright living space that provides a welcoming area for both relaxing and entertaining.
The kitchen is well-appointed with ample storage and workspace, while both bedrooms are generously sized, making the flat suitable for a range of buyers including downsizers, first-time buyers, or those looking for a coastal retreat.
One of the standout features of this property is its ground floor position, offering easy access and added convenience.
Externally, the flat enjoys its own outside area, perfect for sitting out or light gardening, as well as the advantage of allocated parking.
Situated in the sought-after village of Bembridge, the property is within easy reach of local shops, amenities, public transport and the coastline, making it an excellent choice for those looking to enjoy coastal living in a peaceful yet well-connected location.
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 Flat 9, Birdham Court,, Steyne Road, Isle of Wight
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