3-bedroom bungalow · PO31 8AF
Listing removedListed 301 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on a quiet estate in Northwood on the outskirts of Cowes we are pleased to offer this extended, detached bungalow to the market with no onward chain.
Within a short walk of the bus route in & out of Cowes the property is in the perfect location for a family, second home buyers or those looking to retire due to its spacious, flexible accommodation.
The property is ready to move in to whilst also offering a blank canvass, allowing the new owners to put their stamp on it.
The accommodation comprises; kitchen & utility room with WC, spacious L-shaped lounge/diner with access to the sunny rear garden, three double bedrooms - 1 of which could be used as a dining room and the family bathroom.
To the front is also a handy porch for coats & shoes.
To the front of the property is a driveway providing parking for multiple vehicles and access to the garage & workshop with a door to the rear giving access to the garden.
At the rear is an enclosed garden benefitting from the sun all day with a patio area, generous lawn & summerhouse for the family to enjoy whilst there are plenty of mature plants & shrubs.
A lovely property that must be viewed to be fully appreciated!
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
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FAQ
About 14, Venner Avenue, Isle of Wight
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