1-bedroom flat · PO33 1LT
No longer listedListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This top floor one bedroom apartment is situated on the outskirts of Ryde towards the popular residential area of Elmfield.
Forming part of the well established, Kemerton House, this lovely property benefits from sea views and views over the local town.
Located a short walk to the beach, close to local amenities and St Johns train station with access to Ryde pier head ferry links to the mainland.
Benefitting from communal off road parking and access to a communal laundry room. Property comprises in brief: Hall, lounge/kitchen, bedroom and bathroom. EPC E - 47. Council Tax Band A.
Long Term Let. Full references will be required. Deposit £750. Regrettably NO PETS. A holding deposit will become due once accepted prior to full reference being submitted.
The holding deposit is £100 or 1 weeks rent (whichever is lesser). This is non-refundable if tenant chooses not to continue with tenancy application and agreement.
For unsuccessful applications, the holding deposit will be returned in full.
For successful applicants the holding deposit will then be deducted from the 1st month rent amount due for the tenancy agreement.
Hallway Doors to all rooms and loft access Lounge/Kitchen 2.86m x 5.29m Two windows to front aspect.
Range of wall and base units, stainless steel sink with drainer and mixer tap. Television point. Cupboard housing water tank. Bedroom 2.41m x 3.49m Window to front aspect.
Bathroom 1.37m x 1.8m Small bath, hand wash basin and low level WC.
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
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FAQ
About Kemerton House, Ryde
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