We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · PO38 3EH
Under offerReduced £50k (−19.2%) on 26 OctListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in a tucked-away position in the heart of the sought-after village of Wroxall on the Isle of Wight, this charming two-bedroom detached bungalow enjoys far-reaching countryside views stretching across to Appuldurcombe and Worsley Down.
Offered chain free, the property presents an excellent opportunity for those seeking a peaceful village setting with convenient access to local amenities and transport links.
The accommodation is bright and welcoming throughout, with large windows making the most of the pleasant outlook and allowing plenty of natural light to flood the interior.
A useful entrance porch leads into the main accommodation, where a spacious lounge diner provides an ideal space for both relaxing and entertaining while enjoying the attractive countryside backdrop, along with air conditioning in the room.
The bungalow also benefits from a separate kitchen, two well-proportioned double bedrooms, and a generous amount of built-in storage.
The recently fitted shower room has been upgraded to a particularly high standard, including an air dryer, offering a stylish and contemporary finish.
Externally, the property enjoys driveway parking and a garage, providing excellent storage or workshop potential.
The setting combines privacy with convenience, being centrally positioned within the village and within easy walking distance of the local convenience shop and popular village pub.
The main bus route is also close by, offering regular connections between Ventnor, Shanklin, and Newport, making travel across the island straightforward whether heading to the coast or the island’s principal town.
Local Authority - Isle of Wight Council Council Tax Band - C Tenure - Freehold GROUND FLOOR Entrance Porch Hallway Kitchen 13'9 x 7'7 Lounge Diner 17'6 x 9'9 Bedroom 10'4 x 9'6 Bedroom 12'10 x 10'3 OUTSIDE Garage Driveway Garden
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 Wroxall, Ventnor, Isle Of Wight
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