2-bedroom flat · PO38 1NZ
Listing removedListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying lovely sea views and a prime South Street position, this two-bedroom flat offers coastal living at its best.
The property features an entrance hall leading into a spacious living/dining room and adjoining kitchen, both of which enjoy superb sea views and access out onto a private balcony - perfect for morning coffee or evening sunsets.
There’s a generously sized double bedroom, a versatile single bedroom ideal as a guest room or home office, and a modern bathroom.
An allocated parking space adds real convenience in this popular area. Located in the seaside town of Ventnor, the flat is just a short stroll from the beach, coastal paths, local shops, and eateries.
Living / Dining Room 5.18m x 2.97m Kitchen 2.77m x 2.36m Bedroom 1 4.06m x 2.64m Bedroom 2 2.3m x 1.75m Tenure Share of Freehold Council Tax Band A NB Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 inc. 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
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 South Street, Ventnor, Isle of Wight
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