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See how verdicts work1-bedroom house · PO36 9JX
Listing removedListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose built first floor retirement flat (for the over 55's only) being located to the front of the building and being well situated towards the outskirts of Shanklin town centre and within close proximity of the Cliff Path walk.
The flat is warmed by electric heating and outside there is residents communal parking, a further visitor parking area and communal gardens to the rear of the development.
In our opinion, Bayview Court is a well established and well run block with an on-site house Manager, a lift to all floors, a communal Lounge for the residents, Laundry room and a visitors guest Bedroom (which is on a paid basis).
The property is offered with no onward chain, it comprises: Entrance Hall With airing cupboard and storage cupboard Lounge (3.15m x 4.88m max (10'4 x 16'0 max)) Kitchen (2.21m x 1.73m (7'3 x 5'8)) Bedroom (2.62m x 4.01m (8'7 x 13'2)) Shower Room With shower cubicle, wash basin and WC.
Outside Communal garden to the rear and non-allocated residents parking with additional visitors parking available. Services Mains electricity, water and drainage available.
Tenure Leasehold - long leasehold and we understand that the current service charge is £540 per quarter. Council Tax Band A
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 13 Bay View Court, 98, Sandown Road, Sandown
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