2-bedroom bungalow · PO39 0DH
Listing removedListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*CHAIN FREE* Two bedroom detached bungalow on a corner plot in an ideal location close to village amenities.
This well presented bungalow comprises entrance hall, living/dining room with sliding doors to the beautiful rear garden, kitchen, two double bedrooms and shower room.
The property also benefits from a converted garage being used as a studio/utility room. Externally the property offers off road parking to the front as well as a garden mostly laid to lawn.
To the rear is a beautifully kept south facing garden with mature shrubs and plants as well as a pond. The property benefits from owned solar panels with a battery in the studio (former garage).
A Worcester combination boiler was installed in 2025. All windows and external doors are double glazed, including the studio.
The property is easily accessible to the local beaches in Totland and Colwell Bay and the amenities of Freshwater and Totland including a range of shops, library, medical centre and sports centre.
The pretty harbour town of Yarmouth with a variety of eateries is only about 2 miles away and has a regular ferry service to Lymington.
The local area enjoys some wonderful coastal and country scenery with miles of local footpaths and bridleways.
Tenure Freehold Hall Living/Dining Room 6.17m x 4.45m 20'3" x 14'7" max Kitchen 3.07m x 4.22m 10'1" x 13'10" Bedroom 1 3.63m x 4.17m 11'11" x 13'8" Bedroom 2 2.64m x 3.63m 8'8" x 11'11" Shower Room Studio/Utility 5.77m x 2.7m 18'11" x 8'10" NB.
Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 plus VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
Value & comps
No previous sales on record.
Returns
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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 The Avenue, Totland Bay, Isle of Wight
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