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See how verdicts work2-bedroom house · PO33 3HS
Listing removedReduced £10k (−4%) on 26 AugListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented semi-detached home is set in a quiet street in Haylands, on the outskirts of Ryde.
The property comes complete with a driveway to the side as well as a long garden to the rear.
The internal layout comprises 2 good size reception rooms (both with open fireplaces), a modern kitchen with new cabinets and the bathroom to the ground floor plus 2 good double bedrooms to the upper floor.
The property has both double glazing and gas central heating throughout. The very well kept, private and beautifully enclosed garden also benefits from a decked area, greenhouse and a shed.
The previous garage has been converted into an ideal office/studio with both power and heating and could also be used as additional accommodation or annex if required.
To the rear of the studio/office there is also a useful utility room.
This Haylands location is nice and quiet but close to local schools, bus routes and is just a 10 minute walk from the town centre of Ryde. Freehold Council tax band: B
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 12, Colenutts Road, Isle of Wight
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