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See how verdicts work2-bedroom flat · PO37 7NR
Sold STCListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**CHAIN FREE** Situated in the heart of Shanklin and within easy reach of the town centre amenities, Beach/Esplanade and pretty "Old Village" area, this superb 2 bedroom maisonette really must be seen to be appreciated.
The spacious accommodation is located on the first floor and is accessed via its own private entrance.
The property has been upgraded in recent times and benefits include; Lounge, two double Bedrooms, Kitchen/Diner and Bathroom.
Outside the property benefits from Driveway for one car and a lovely private Garden. We feel the property would suit multiple uses and highly recommend an internal viewing.
The property comprises; Steps Up ; - Porch - With Private Door To; - Entrance Hall - Runs the length of the property.
Lounge/Diner - 4.47m x 3.66m (14'8 x 12) - Bay window to front Kitchen/Diner - 3.66m x 2.54m (12' x 8'4) - Bedroom 1 - 4.47m x 3.66m (14'8 x 12) - With bay window to front Bedroom 2 - 3.66m x 3.63m (12' x 11'11) - Bathroom - 2.03m x 1.75m (6'8 x 5'9) - Separate Wc - Outside - Front: To the front of the property is a driveway providing Off Road Parking for one car.
Gated side access to; Rear; To the rear is a private and enclosed garden which is mainly laid to artificial grass and patio with pergola and raised seating area.
Tenure: Leasehold - LEASE LENGTH: 159 years remaining GROUND RENT: Peppercorn Council Tax: Band B - Services - Mains Drainage - Water - Electricity
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 St. Johns Road, Shanklin
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