3-bedroom semi-detached house · PO37 7HR
Sold STCListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
- Character Semi Detached House - Town Centre Location - Chain Free Sale - 3 Bedrooms, Lounge and Dining Room - Double Glazing, Gas Central Heating - Ideal First Step Onto The Property Ladder Summary Located in the heart of Shanklin, with the shops, doctors surgery, bus and train stations right on your door, this super family home is offered for sale chain free and ready to move into.
Featuring a wealth of character and charm this spacious house offers a perfect blend of living and bedroom spaces and has the added bonus of a sunny rear garden.
Ideal as a first home or as a step up to obtain that all important 3rd bedroom, this house is sure to attract a wide audience of buyers both from the island and the mainland.
Entrance Hall Lounge 4.24m into Bay x 3.73m - 13'11" into Bay x 12'3" Dining Room 3.66m x 3.3m 12' x 10'10" Kitchen 4.14m x 2.24m 13'7" x 7'4" Lobby Bathroom First Floor Landing Bedroom 1 4.27m in Bay x 3.73m - 14' in Bay x 12'3" Bedroom 2 3.3m x 2.62m 10'10" x 8'7" Bedroom 3 2.82m x 2.26m 9'3" x 7'5" Outside - Small Front Garden - Enclosed Rear Garden with Side Access - Garden Shed Services - All Mains Connected - Gas Central Heating Tenure Leasehold (839 years remaining) Ground Rent £1.06 per Annum Council Tax Band B EPC D
Value & comps
No previous sales on record.
Returns
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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 Carter Road, Shanklin
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