2-bedroom flat · PO33 1NU
Listing removedListed 302 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market 'chain free' is this very well presented maisonette located in the sought after area of Appley, just a 5 minute walk from the lovely sandy beach.
The property comes complete with a good size garden, driveway and a garage.
The low maintenance garden also has a cabin with power and heating, ideal as an office, studio or even occasional guest room.
A private entrance to the side leads into the hallway from which there is a useful conservatory at ground floor level.
Stairs from the hallway lead up into to the very smartly presented accommodation comprising a good size lounge with lovely working feature fireplace, a generous kitchen, 2 double bedrooms and the modern shower room.
Both bedrooms have fitted cupboards. The maisonette is fully double glazed and has electric heating throughout.
The private garden area is larger than most given the corner position this property occupies with part of it already utilised as a driveway to compliment the en-bloc garage to the rear.
The smart decor and carpets make this maisonette ready to move into for anyone wanting to enjoy the peaceful location with easy access to the beach and ferry links to the mainland.
Bus services pass nearby for easy access into the town centre.
SHARE OF FREEHOLD: 999 years from 2021 (994 years remaining) SERVICE CHARGE: nil (buildings insurance only) COUNCIL TAX BAND: B Living Room 4.2m x 3.63m Kitchen 3.6m x 2.5m Bedroom 1 3.6m x 3.4m Bedroom 2 3m x 2.87m Conservatory 3m x 2.54m
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Grasmere Avenue, Ryde, Isle of Wight, PO33
Explore nearby
