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See how verdicts work2-bedroom flat · PO33 1JD
For saleReduced £24.9k (−10.4%) on 26 OctListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented first floor conversion apartment is situated in an impressive period building on Ryde Esplanade.
Accommodation comprises two bedrooms, a large living room with stunning views across Ryde beach and the Solent beyond.
Further benefits include gas central heating, car parking, fitted kitchen and communal gardens. Communal Entrance: Stairs to: Second Floor Landing: Door to: Hallway: Entryphone. Radiator. Loft access.
Living Room: 16'2" x 14'0" max into bay & recess (4.93m x 4.27m max into bay & recess) Large bay window with three secondary glazed windows to the front with stunning views of the Solent and Esplanade.
Period shutters. TV point. Two wall lights. Fire surround. Recessed lighting. Kitchen: 13'0" x 7'0" (3.96m x 2.13m) With a range of fitted base and wall units.
Electric hob, extractor hood and electric oven. Stainless steel sink unit. Plumbing for a washing machine. Sash Window to the rear. Wall mounted gas fired boiler. Radiator.
Bedroom One: 9'3" x 9'0" (2.82m x 2.74m) Radiator. Sash window to the side. Range of fitted wardrobes. Bedroom Two: 11'0" x 6'0" (3.35m x 1.83m) Sash window to the front with Solent views. Radiator.
Fitted storage. Outside Allocated parking. Shed. Lawned communal gardens with access to Ryde Esplanade. Tenure: Share of Freehold Service Charge: £1,000 pa EPC: TBC Council Tax: Band B
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 The Strand, Ryde, Isle Of Wight, PO33
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