3-bedroom bungalow · PO39 0EB
Sold STCListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a wonderful position in one of West Wight's most desirable locations, Fairlands is a beautifully presented detached bungalow set within mature wrap-around gardens and enjoying delightful views across its grounds and the surrounding countryside from almost every room.
Flooded with natural light throughout, this substantial home offers a rare combination of privacy, space and picturesque surroundings, all within easy reach of some of the Island's most stunning coastline.
The property has been significantly enhanced by the current owners, with the standout feature being the impressive 28ft kitchen/dining room.
Finished to an exceptional standard, this contemporary space boasts sleek cabinetry, integrated appliances, generous work surfaces and a large central island, creating the perfect hub for both family living and entertaining.
The spacious sitting room is centred around an attractive feature fireplace and enjoys a beautiful curved bay window overlooking the gardens.
Flowing seamlessly into the conservatory, this superb reception space takes full advantage of the property's sunny aspect and tranquil outlook, providing an ideal place to relax throughout the year.
Additionally there is a remote controlled fireplace. The accommodation further comprises two generous double bedrooms, a stylish family bathroom and separate cloakroom/WC.
An attached garage and driveway parking add further practicality, while the versatile lower ground floor garden room, complete with WC and utility, offers excellent potential as a home office, studio, hobbies room, gym or occasional guest accommodation.
Outside, the beautifully maintained wrap-around gardens are a particular highlight.
Thoughtfully planted with mature shrubs, colourful borders and a variety of fruit trees, the gardens create a private and peaceful sanctuary.
Multiple seating areas provide the perfect setting for al fresco dining and relaxation, while the property's elevated position ensures attractive views and a wonderful connection with the surrounding landscape.
There is also a high quality Lushington garden shed and seperate workshop.
Perfectly positioned, Fairlands is just a short walk from Colwell Bay and Totland Bay, widely regarded as home to some of the most beautiful beaches on the Isle of Wight.
The renowned The Hut restaurant is also close by, offering a highly sought-after waterfront dining experience.
Coastal walks, local amenities and excellent transport links, including connections to the mainland via Yarmouth, are all within easy reach.
Combining contemporary living, mature gardens, impressive versatility and an enviable coastal setting, Fairlands represents a rare opportunity to acquire a truly special home in one of the Island's most coveted locations.
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
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FAQ
About Fairlands,, Colmar Way, Isle of Wight
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