3-bedroom bungalow · PO33 4HU
Listing removedReduced £30k (−12%) on 22 JunListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on New Road in Wootton, this bungalow offers a flexible layout which you can utilise in a way that suits your lifestyle best.
When you arrive home the driveway parking eliminates any of the hassle of trying to find somewhere to park, you can just pull up off the road, grab the shopping out of the car and step into your home.
Once inside the layout has a nice size kitchen with some fitted appliances, a shower/WC, a cosy lounge with patio doors to garden and a double bedroom overlooking the garden.
The second bedroom has stairs off it that lead up to a loft conversion, though could still be used as a bedroom or maybe a study/ hobbies room.
Up to the loft conversion and there are two smaller bedrooms with sloping ceilings which have Velux windows offering pleasant views, there's also an unusual bathroom and WC, it could easily be altered to make one big room but really it's up to you.
Warmed by gas central heating and double glazed there's a fully enclosed rear garden with a small summerhouse.
Wootton is known for its vibrant community and the village has everything you could want on your doorstep, there is a doctors, two dentists, vets, Tesco express, recreation ground, a lovely bistro plus a selection of take aways and pubs and of course the best bus route on the Island connecting you to Newport and Ryde where you can hop on the cross Solent transport, if you fancy a trip over to the mainland.
This home is offered chain free
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 Mawneys, New Road, Ryde
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