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See how verdicts work2-bedroom terraced house · PO33 3XB
Listing removedReduced £25k (−11.4%) on 21 JunListed 303 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market 'chain free' is this modern style, 2 bedroom house located in a quiet cul-de-sac in Binstead, Ryde.
The property comes complete with allocated parking and a small private garden to the rear.
The property has been in the same family since new in 2002 and offers a good size lounge with bay window, a separate kitchen and dining area with back door access out into the garden plus 2 double bedrooms and the bathroom to the upper floor.
The property benefits from double glazing and gas central heating throughout.
The town centre amenities as well as the beach and seafront in Ryde are just a 5 minute drive away with main bus routes to both Ryde and Newport also close by.
This property would make an ideal home for a wide variety of buyers including those buying for the first time or those looking for a home in a quiet yet convenient location.
Freehold Council tax band: B Living Room (4m x 3.43m) Kitchen Diner (4.42m x 2.67m) Bedroom 1 (4.42m x 3.05m) Bedroom 2 (3.6m x 2.36m)
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 33, Birch Gardens, Isle of Wight
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