2-bedroom house · PO38 1NX
For saleReduced £115k (−33.8%) on 1 OctListed 138 days
Opportunity summary
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About
Former Victorian stable block ~ South facing garden ~ chain free ~ Two garages and off road parking Overview Tucked away along a wooded lane, this detached cottage-style property occupies a highly sought-after and private position.
Forming part of the original stable block to a nearby Victorian manor, the property is surrounded by attractive gardens on three sides and offers a blend of character features and versatile accommodation.
With three reception areas, two bedrooms, a south-facing garden and a sun deck with sea views, this is a distinctive home in a peaceful yet convenient setting.
Interior The property is approached via a conservatory-style entrance porch, featuring full-height glazing with decorative stained glass panes and a terracotta tiled floor, leading into the main accommodation.
The dining room/reception space retains character with oak parquet flooring and provides access to the kitchen, utility/W.C., living room and stairs to the first floor.
The kitchen is fitted with a range of wall and base units, work surfaces and tiled splashbacks, along with an integrated oven and hob, space for appliances and a glazed door opening to the front garden.
The living room is a comfortable and characterful space with a large window to the front, parquet flooring and a chimney breast with quarry tiled hearth.
Double doors lead through to the conservatory, which provides an additional reception area with extensive glazing and doors opening onto the south-facing garden.
Additional ground floor accommodation includes a bathroom with W.C. And wash basin, leading through to a useful utility area housing the boiler and providing further storage space.
On the first floor, the landing leads to two bedrooms.
The principal bedroom is a bright double-aspect room with direct access onto a spacious sun deck, enjoying elevated views across the surrounding trees towards the sea, with plumbing in place for a potential ensuite.
The second bedroom is also double aspect, with views towards St Boniface Down and benefits from an ensuite shower, W.C. And wash hand basin. The cottage is very tastefully decorated throughout.
Exterior The property is accessed via a wooden gate leading to a gravel driveway with parking for two vehicles and access to two adjoining garages.
The gardens wrap around three sides of the property and are well established, featuring a variety of mature shrubs, trees and planting.
A south-facing lawn extends from the conservatory, ideal for outdoor seating and entertaining, while other areas include a shaded seating space beneath a leafy canopy and a further terraced section currently used for fruit and vegetable growing, set against the backdrop of the Downs.
The garden is enclosed and bordered in part by an attractive original stone wall, enhancing the sense of privacy and character.
Further Information Tenure: Freehold EPC: F Council tax band: D Cesspit sewerage lpg gas Wightfibre broadband connection Mains electricity and water Planning permission for front and back solar panels on the roof granted to May 2027 Double glazed throughout Log burner Electric boiler for heating system Security cameras
Value & comps
No previous sales on record.
Returns
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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.
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