2-bedroom flat · PO33 2NE
To rentReduced £50 (−5.6%) on 19 SepListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally situated in the heart of Ryde town centre, this well-positioned top floor apartment offers comfortable accommodation within easy walking distance of the beach, local amenities and excellent transport links to the mainland.
The property briefly comprises an entrance hallway, a spacious living room with an archway opening through to the kitchen, two double bedrooms, both of which benefit from lovely sea views, and a bathroom with shower over the bath.
The apartment provides an excellent opportunity for those looking to enjoy the convenience of town centre living while being close to the seafront and Ryde's mainland transport connections.
The two double bedrooms offer pleasant sea views, while the well-proportioned living accommodation provides a comfortable space for everyday living.
The property will be redecorated prior to the commencement of the tenancy, and a new oven and hob will also be installed.
An internal viewing is highly recommended to appreciate the convenient location, sea views and accommodation on offer. EPC Rating: D.
Rent excludes the tenancy deposit and any other permitted payments. Deposit payable is £1038.00. A Holding Deposit of £207.00, based on the advertised rent, is required to reserve this property.
Council Tax Band A.
Superfast Broadband availability, 4G mobile signal likely depending on network, further information regarding broadband options and phone signal can be obtained from the Ofcom broadband and mobile coverage checker.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 10, The Colonnade, Lind Street, Isle of Wight
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