We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom house · PO37 7HB
Listing removedReduced £25k (−5.6%) on 21 JunListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This chain free Detached home is located in a sought after area of Shanklin, in a quiet cul-de-sac location, however within easy reach of local amenities and bus routes.
Boasting elevated views and a swimming pool the property comprises entrance porch, living room, study/dining area, generously-sized kitchen/breakfast room, downstairs bedroom/dining room, integral garage and downstairs WC.
Upstairs you have three good-sized bedrooms, fourth bedroom and a family bathroom. Outside you benefit from driveway, spacious front & rear gardens, pool house and summer house.
The home also benefits from gas central heating & double glazing. Entrance Porch Entrance Hall Double glazed front door. Under stairs storage. Radiator.
Doors & stairs off to: Lounge (15' 8'' x 12' 3'' (4.77m x 3.73m)) Feature fireplace. Double glazed window to front aspect. Radiator.
Archway opening leading to dining area: Study/Dining Area (9' 5'' x 7' 10'' (2.87m x 2.39m)) Serving hatch into kitchen. Radiator.
French doors leading to ground floor bedroom: Dining Room/Bedroom 5 (15' 9'' x 9' 9'' (4.80m x 2.97m)) Double glazed window to rear aspect aspect overlooking garden.
Double glazed French doors & window to side aspect leading to garden. Radiator.
Kitchen/Breakfast Room (13' 10'' x 12' 1'' (4.21m x 3.68m)) Double glazed window to rear aspect overlooking swimming pool & garden. Fitted base & wall units. Radiator.
Door leading to: Utility Room (5' 9'' x 5' 6'' (1.75m x 1.68m)) Doors to cloakroom, garage and rear garden: Cloakroom Integral Garage Generously-sized garage with power & water.
First Floor Landing Radiator. Loft hatch access. Airing cupboard. Doors off to: Master Bedroom (15' 9'' x 9' 9'' (4.80m x 2.97m)) Double glazed window to rear aspect overlooking garden. Radiator.
Doors and opening to: Dressing Area (9' 6'' x 7' 6'' (2.89m x 2.28m)) Plus built in mirrored-wardrobes. Raditor. Door to: En-Suite Shower enclosure. Vanity wash hand basin. Low level WC.
Heated towel rail. Bedroom 2 Double glazed window to front aspect with elevated views. Radiator. Bedroom 3 (11' 0'' x 9' 1'' (3.35m x 2.77m)) Double glazed Velux windows to rear aspect. Radiator.
Built in storage cupboards. Bedroom 4 (8' 3'' x 6' 9'' (2.51m x 2.06m)) Double glazed window to front aspect with elevated views. Radiator. Bathroom Double glazed window to rear aspect.
Shower enclosure. Bath. Low level WC. Vanity wash basin. Heated towel rail. Front Garden Driveway with space for various cars. Part laid to lawn. Access to garage & side access.
Rear Garden Generously-sized gardens part laid to patio and mostly laid to lawn comprising; Swimming Pool: 24'0 x 12'0. Pool House: Double glazed door & windows. Changing area. Workshop.
Summer House. Timber built sheds & greenhouse.
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
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FAQ
About 4, Lark Rise, Shanklin
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