2-bedroom flat · PO38 1HG
SoldListed 307 daysAuction 13 Jan · ended
Opportunity summary
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About
**For Sale By Auction on Tuesday 13 January 2026** *Guide Price £80,000 Vacant 2 x Bedroom Maisonette Requiring Modernisation Description Leasehold maisonette within a period conversion in need of refurbishment.
The front maisonette" comprises; reception room, kitchen, 2 x bedrooms and bath/WC.
Situation The property is located in Ventnor on the southeast coast of the Isle of Wight, approximately 11 miles from Newport.
With a selection of independent shops & restaurants and Ventnor Beach a short walk from the property.
Portsmouth Portsea IOW Car Ferry Terminal connects Ventnor with Portsmouth and it's mainline train services to London Waterloo.
Location Pin (What3Words): poses.fine.looms NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO BUYERS PREMIUM OF £1,200 (INC VAT) AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE.
PLEASE ENSURE YOU HAVE READ THE LEGAL PACK AND SPECIAL CONDITIONS THOROUGHLY Accommodation GROUND FLOOR Lounge - 4.02m x 3.53m Kitchen - 3.45m x 3.66m FIRST FLOOR Bedroom One - 3.56m x 3.29m Bedroom Two - 3.29m x 3.16m Bathroom - 1.92m x 1.79m WC - 1.92m x 0.85m Total Floor Area - 75.36 sq.m Tenure Leasehold - 99 year lease, from 10th September 1999 (approximately 73 years remaining) Ground Rent - TBC Council Tax - Band A EPC Rating - F
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 21 St. Catherine Street, Ventnor, Isle Of Wight, PO38 1HG
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