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See how verdicts work3-bedroom flat · PO38 1JP
No longer listedListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Priced very realistically for a quick sale this first floor apartment in an iconic building on Ventnor Seafront, offers unrestricted direct sea views across the beach and around the shoreline.
Three bedroomed / two bathroomed accommodation offers a work-from-home office option and the open plan living space enjoys the panorama through and from the balcony.
There is barriered parking with a dedicated space at the rear of the building Properties this close to the beach are rare enough right around the Island but in one of the consistently sunniest towns in the UK it just has to be seen to be appreciated.
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
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FAQ
About 3,, Metropole, Esplanade, Isle of Wight
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