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See how verdicts work2-bedroom flat · PO40 9GG
Sold STCListed 325 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase a 75% share for this over 55's two bedroom second floor assisted living apartment with sea and coastal views.
Nestled on Colwell Road in the charming village of Freshwater, this delightful second-floor flat offers a perfect blend of comfort and convenience.
With two well-proportioned bedrooms, this property is ideal for those seeking a peaceful retreat by the sea.
The flat features a spacious reception room that invites natural light, creating a warm and welcoming atmosphere.
One of the standout features of this apartment is the lovely sea views, which can be enjoyed from the comfort of your own home.
The property is designed for assisted living, complete with a lift facility, ensuring easy access for all residents.
Additionally, the flat includes a well-appointed wet room and kitchen catering to all your needs.
Residents will appreciate the communal amenities, including a lounge and a games/meeting room, perfect for socialising with neighbours or enjoying leisure activities.
There is also the option of social activities which are advertised within the entrance hallway.
The communal gardens provide a serene outdoor space to relax and unwind, while residents' parking ensures that you have a place for your vehicle.
This property is offered chain-free, making it an excellent opportunity for those looking to move in without delay.
Whether you are seeking a permanent residence or a holiday retreat, this flat on Colwell Road is a wonderful choice for anyone looking to embrace the coastal lifestyle in Freshwater.
Located on the outskirts of Freshwater, Green Meadows benefits from convenient access to the main bus route connecting Freshwater, Totland, and Yarmouth.
Colwell Bay beach is just half a mile away, while Freshwater village centre, with its selection of shops, services, and amenities, is approximately one mile away.
Hallway - 3.99 x 2.99 (13'1" x 9'9") - Lounge/ Kitchen/ Diner - 7.97 x 3.40 (26'1" x 11'1") - Bedroom 1 - 5.46 x 2.89 (17'10" x 9'5") - Bedroom 2 - 3.52 x 2.39 (11'6" x 7'10") - Wet Room - 2.88 x 2.22 (9'5" x 7'3") - Parking - There is residents parking located at the front of the property.
There is also residents charging for mobility scooters Outside - Communal gardens with ample seating areas Tenure - Leasehold Additional Information - Leasehold - 122 years remaining Ground rent, including maintenance = £406.47 Paid Monthly Well being charge = £ 234.
Paid Monthly Council tax £150 Paid Monthly Council Tax - Band B Services - Mains water, drainage, gas and electric Agents Notes - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you.
None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you.
Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.
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.
Area
Agent & docs

FAQ
About Colwell Road, Freshwater
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