1-bedroom property · PO35 5XN
For saleListed 260 days
Opportunity summary
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About
This purpose built retirement apartment is conveniently located within Bembridge village, just a short stroll to the local shops and amenities, whilst also being on a bus route connecting the village with the towns of Ryde and Newport.
The apartment is located on the ground floor at the rear of the building, giving it the benefit of access to a private patio area.
This well arranged accommodation comprises entrance hall, a rear aspect sitting room which opens into a fitted kitchen, a double bedroom and a wet room style shower room.
The apartment is offered for sale chain free and is perfect for those seeking an easy to maintain home in the centre of the village, where one can live independently with the knowledge and peace of mind that assistance is close at hand if needed.
Communal Entrance A secure front door, with an intercom system for the apartments, leads into the communal hallway which has a lift and stairs to the upper floors, automatic lighting and fitted carpets.
Apartment 3 is situated on the ground floor.
Entrance Hall A hardwood front door gives access to the entrance hall which has a built in storage cupboard which is shelved and houses the hot water cylinder, an electric radiator and fitted carpet.
Wall mounted intercom system and 24 hour emergency call system, which has a separate remote for use around the apartment.
Accommodation off: Sitting Room 12' 7'' x 11' 6'' (3.86m x 3.53m) A rear aspect room with double glazed patio doors leading out to a private patio space.
TV, satellite and telephone points, 2 electric radiators and fitted carpet.
Open through to: Kitchen 11' 6'' x 6' 0'' (3.53m x 1.84m) Fitted with a range of floor and wall mounted units with work surfaces over, tiled surrounds and an inset sink unit.
Fitted electric oven and grill, and an electric hob with a cooker hood over. Integrated fridge freezer, dishwasher and washing machine. Double glazed window to the side. Wood effect flooring.
Bedroom 11' 8'' x 11' 6'' (3.58m x 3.52m) A rear aspect double bedroom with a double glazed window to the rear. TV point, telephone point , electric radiator and fitted carpet.
Shower Room A "wet room" style shower room with non slip flooring, a walk in shower, a wash basin with a light and shaver point over, and a WC. Extractor fan and under floor heating.
Outside A brick paved frontage provides communal parking and gives access to the covered buggy park which has power points.
Gated access at the side of the building leads through to a communal central courtyard. A patio, private to number 3, is accessed via the sitting room.
This is paved and has space for a small table and chairs.
Additional Information Tenure: Leasehold, held on a 125 year lease from February 2011 Ground rent: £49.98 payable every 6 months on 1st April and 1st October.
Service Charges: £1406.76 payable every 6 months on 1st April and 1st October. Council tax band: B EPC rating: C Heating: Thermostatically controlled electric radiators. MISREPRESENTATION ACT 1967.
PROPERTY MISDESCRIPTION ACT 1991.
Turnbull IOW Ltd, for themselves and Vendors of the property, whose agents they are, give notice that these particulars, although believed to be correct, do not constitute any part of an offer or Contract, that all statements contained in these particulars as to this property are made without responsibility and are not relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever to this business.
An intending purchaser must satisfy himself by inspection or otherwise as to the
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.
Area
Agent & docs
FAQ
About Foreland Road, Bembridge, Isle of Wight, PO35 5XN
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