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See how verdicts work2-bedroom flat
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering exceptional flexibility, this bright and airy property presents a fantastic opportunity to purchase either a spacious five-bedroom house or two self-contained flats (as it is currently arranged), making it an ideal choice for families, investors or those seeking a property with versatile living arrangements.
The upper flat occupies the first and top floors and comprises a new modern kitchen, three bedrooms, a bathroom and a separate WC.
The accommodation is well laid out across two levels, offering comfortable and practical living space.
The ground floor flat offers two bedrooms and a separate shower room, situated on a different level for added practicality.
This flat also benefits from direct access to a private garden, providing a lovely outdoor space to relax and enjoy.
Currently arranged as two separate flats, the property has a staircase between the ground and first floors that has been blocked up to create independent accommodation.
For those wishing to use the property as one substantial five-bedroom family home, the staircase can be reopened, allowing the two areas to be easily reconnected, subject to any necessary checks and approvals.
Bright, airy and full of potential, this versatile property offers a range of possibilities, whether purchased as a spacious family home, an investment opportunity or two separate living spaces.
Early viewing is highly recommended to appreciate the flexibility and potential this property has to offer.
Ground Floor Kitchen (2.3m x 4.4m) Living Room (3.3m x 4.1m) Bedroom 1 (3.3m x 3.7m) Bedroom 2 (1.9m x 2.2m) Shower Room (1.6m x 2.2m) First Floor Living Room (5m x 3.7m) Kitchen (3.1m x 4.1m) Second Floor Bedroom 1 (3.3m x 4.1m) Bedroom 2 (3m x 2.2m) Bedroom 3 (1.9m x 3.2m) Bathroom (2.2m x 1.4m) W.C Outside Garden at the rear, accessed via living room and side access.
Heating Electric Council Tax Ground Floor Flat Band A First Floor Flat is Band B Tenure Freehold Please Note Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 plus VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with hmrc and includes mover protection insurance to protect against the cost of an abortive purchase.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About Monkton Street, Isle of Wight
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