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See how verdicts work1-bedroom flat · PO35 5NT
For saleListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This fabulous ground floor apartment is located a stones throw from Bembridge Harbour and beaches, within a lovely period building which dates back to the 1840"s.
The apartment is offered for sale chain free, and is perfect for those looking for an easy to maintain home where one can be by the beach or on the sea within minutes, whilst also being just a short stroll away from the village centre, accessible via the quiet lane the building sits on.
The accommodation is well presented throughout, offering bright and spacious rooms with high ceilings and some period fireplaces.
A communal entrance gives access to the apartment, which comprises entrance hall with a lovely feature arched window, a dual aspect sitting room with views towards the harbour and a feature period fireplace, a fitted kitchen diner which also has a feature period fireplace, a double bedroom and a shower room.
Externally, there is a gravelled parking area to the front with an allocated space for 1 car.
This is a great opportunity to purchase a low maintenance, chain free retreat by the sea within a fabulous period building.
Entrance A communal entrance hall has stairs to the first floor and a private front door to number 3, which is situated on the ground floor.
Entrance Hall The hallway has high ceilings and a feature arched window. Entry phone system, hanging space for coats, radiator and fitted carpet.
Accommodation off: Sitting Room 12' 7'' x 12' 9'' (3.84m x 3.91m) A bright, dual aspect room with double glazed sash windows to the front and side which are fitted with the original wooden shutters, and where from the side window there are views towards Bembridge Harbour.
Feature period fireplace. High ceilings and picture rail. TV point, radiator and fitted carpet.
Kitchen Diner 14' 2'' x 7' 6'' (4.32m x 2.29m) The kitchen is open from the hallway and is fitted with a range of wall and floor units with work surfaces over, tiled surrounds and an inset sink unit.
Built in electric oven and hob with a cooker hood over. Under counter space for a fridge. Double glazed sash window to the side which is fitted with the original wooden shutters.
Feature period fireplace and high ceilings. Built in storage cupboard and space for a dining table and chairs. Fitted carpet.
Bathroom 14' 2'' x 8' 2'' (4.32m x 2.51m) A double bedroom with a double glazed sash window to the front which is fitted with the original wooden shutters. Built in wardrobe.
High ceilings, radiator and fitted carpet. Shower Room Fitted with a shower cubicle, a counter top wash basin and a WC. Extractor fan, wood panelled walls, radiator and fitted carpet.
Built in cupboard which has storage space and plumbing for a washing machine. Outside A gravelled area to the front of the building provides a parking space for 1 car.
Additional Information Heating: A gas fired boiler provides domestic hot water and heating via panelled radiators. EPC rating: TBC Council tax band: A Tenure: Share of Freehold.
999 year lease from 5.3.86. Maintenance fees: A fifth share the buildings insurance and maintenance as required. Ground Rent: N/A MISREPRESENTATION ACT 1967. PROPERTY MISDESCRIPTION ACT 1991.
Turnbull IOW Ltd, for themselves and Vendors of the property, whose agents they are, give notice that these particulars, although believed to be correct, do not constitute any part of an offer or Contract, that all statements contained in these particulars as to this property are made without responsibility and are not relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever to this business.
An intending purchaser must satisfy himself by inspection or otherwise as to the correctne
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
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FAQ
About Kings Road, Bembridge, Isle of Wight, PO35 5NT
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