2-bedroom property · PO33 1NU
For saleListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This purpose built, ground floor maisonette is situated at the far end of a popular cul-de-sac, not far from Ryde's beautiful Appley Beach.
The accommodation includes: living room, two bedrooms, kitchen and shower room. There are paved gardens to the front and rear. Must be sold. No onward chain.
UPVC double glazed front door to: Hall: Storage cupboard. Sliding door to: Living Room: 13'6 x 12 (4.11m x 3.66m) UPVC double glazed window to the front.
Feature fireplace with tiled mantle and hearth. Electric panel heater. Door to: Inner Hallway: Doors to all rooms. Airing cupboard houses lagged water tank. Large store cupboard.
Kitchen: 11 x 8'6 (3.35m x 2.59m ) Classic white kitchen units with light grey work surfaces. Stainless steel sink unit with mixer tap. Plumbing for a washing machine.
Electric cooker and hob with extractor fan over. UPVC double glazed window to the rear. Door leads to rear porch and in turn to the rear garden.
Bedroom 1: 12 x 10'9 (3.66m x 3.28m) Double bedroom with UPVC double glazed window to front. Bedroom 2: 9'6 x 9'3 (2.90m x 2.82m) UPVC double glazed window looks out over the rear garden.
Wet Room: With shower, pedestal wash hand basin and low level WC. UPVC double glazed window to the rear. Outside: Paved front garden with tree and shrubs.
The rear garden is also paved for ease of maintenance. Raised ornamental pond. Gravelled borders. Gate to rear. Tenure: Leasehold (990 yrs remaining) - Share of freehold Council Tax: B EPC: TBC
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
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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 Grasmere Avenue, Ryde, Isle Of Wight, PO33
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