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See how verdicts work3-bedroom flat · PO38 1PE
Listing removedListed 383 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial first floor apartment situated in a convenient location central to the amenities of Ventnor town centre.
The car parking space is adjacent to Spring Hill View’s own private entrance which leads up to the first floor.
The accommodation comprises of three double bedrooms, a shower room, bathroom and a large living area and kitchen.
The apartment has electric heaters and UPVC double glazed windows with views of Spring Hill Gardens and of the town.
If you are looking for a property with ‘’everything on your door step’’, look no further than Spring Hill View.
From Grove Road, front door opens into hallway with stairs leading up to the first floor. Door opens into: Hallway: Fitted carpet. Doors off to all rooms. Electric radiator.
Two built-in cupboards, one housing an immersion heater and a consumer unit. Loft access.
Door to: Kitchen/ diner: 12' x 14'10 A large kitchen fitted with matching wall and base cupboard units with work surfaces over. One and a half bowl sink unit with single drainer and mixer tap over.
Built-in oven with ceramic hob over. Extractor hood over. Integrated wine cooler. Space and point for fridge/ freezer. UPVC double glazed window to side.
Double doors opening into: Living Room: 20'9 x 13'6 A large living room. Fitted carpet. Electric radiator. UPVC double glazed window to front over looking Spring Hill Gardens.
From hallway, door to: Master bedroom en-suite:10'2 x 13'2 A double bedroom. Fitted carpet. Electric radiator. UPVC double glazed windows to front and side. Built-in cupboard.
Door to: En-suite shower room: 7'11 x 5'8 Shower cubicle. Low level wc, pedestal hand wash basin and heated towel rail. UPVC double glazed window to side.
From hallway, door to: Bathroom: 7'11 x 6'9 Fitted with a matching white suite comprising of bath with shower over, low level wc and a pedestal handwash basin. Heated towel rail.
From hallway, door to: Bedroom two: 8' x 12'11 A double bedroom. Fitted carpet. Storage heater. UPVC double glazed window to side. Built-in cupboard.
From hallway, door to: Bedroom three: 7'8 x 12'11 A double bedroom. Fitted carpet. Storage heater. UPVC double glazed window to side. Outside: Car parking space.
Disclaimer We have not tested any fixtures, fittings, appliances or services, including any central heating system and we cannot therefore guarantee that these are in working order.
1) Items shown on photographs in these particulars do not imply that they are included in the sale. 2) Tenures are unconfirmed unless stated otherwise.
3) Floor plans are not to scale and are for guidance as to the arrangement of accommodation only. 4) All measurements are approximate.
5) Internal square footage measurements are approximate and do not include hallways, bathroom/shower rooms or w.c.s.
To view: Strictly by appointment only through the vendors sole agents 01 Estate Agents
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 11, Spring Hill, Ventnor
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