2-bedroom bungalow · PO38 1RH
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
#NO DEPOSIT OPTION AVAILABLE WITH THIS PROPERTY# 2 DOUBLE BEDROOM DETACHED BUNGALOW. NEW CARPETS & DECORATION, OFF ROAD CAR PARKING. UNFURNISHED, AVAILABLE NOW.
The Property - Nestled in the charming area of Bonchurch, Ventnor, this delightful detached bungalow located on sought after Shore Road, offers a perfect blend of comfort and convenience.
Brand newly decorated and carpeted the property boasts a modern design while maintaining a warm and inviting atmosphere.
This detached property features a spacious reception room, open plan incorporating a dining area and contemporary, well equipped kitchen with integrated oven, hob and fridge freezer, ideal for both relaxation and entertaining guests.
With two well-appointed bedrooms with build in wardrobes, there is ample space ideally suiting a couple, single person, or a small family and perfect for those seeking a peaceful retreat.
The location is particularly appealing, as Bonchurch is known for its picturesque surroundings and close-knit community.
Residents can enjoy the nearby coastal walks and the stunning views (see photos) that the area has to offer.
Additionally, the vibrant town of Ventnor is just a short distance away, providing a variety of shops, restaurants, and local amenities.
The accommodation comprises; Entrance via a private, south facing front garden laid to lawn.
Entrance door leads to a central hallway, off of which there is; Open plan lounge, dining area and kitchen with integrated oven, hob and fridge/freezer and free standing washing machine.
Master double bedroom. Very well appointed shower room Second double bedroom Heating - electric 'eco' radiators Pets - at landlord's discretion. Parking - private drive for one car.
Outside - south-facing lawn to the front of the property.
This bungalow presents an excellent opportunity for anyone looking to embrace a tranquil lifestyle by the sea, whether as a permanent residence or a weekend rented retreat.
With its desirable features and prime location, this property is not to be missed. Services - Mains electricity, water and sewage. Electricity and Council tax are exclusive of the rent.
Water and sewage included within the rent.
Epc - EPC rating is E Local Authority - Isle of Wight Council - Council tax band A Deposits - Holding deposit payable is £240 based on the advertised rent of £1050pcm.
Subject to contract the sum of the holding deposit will be deducted from the first month rent payable.
The tenancy deposit payable, will be £1210 based on the advertised rent of £1050pcm., unless the applicant opts for the No Deposit Option "REPOSIT" - instead of paying a cash deposit of £1210, the applicant would pay a fee to Reposit equal to one weeks rent of £242.31 and then £30 per year thereafter - ask for details.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Shore Road, Ventnor
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