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See how verdicts work2-bedroom house · PO38 1HG
Listing removedListed 210 daysAuction 30 Apr · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Under The Hammer online auction on Thursday 30th April 2026. Head over to our website to download the legal pack, register to bid and see more information.
A development opportunity with planning permission for 2 x2 Bedroom Semi Detached houses A plot measuring approximately 271 sq m (2,917 sq ft), offering an opportunity for developers or investors seeking a development site with significant potential.
The property is offered with planning permission already granted to demolish the existing dwelling and erect 2 x2 bedroom semi-detached houses Planning permission was granted by the Isle of Wight Council (ref: 24/00497/ful) on 21st May 2024 for the demolition of the existing dwelling and construction of 2 semi-detached houses.
All interested parties are advised to make their own enquiries with the Isle of Wight Council.
The existing accommodation is arranged over two floors and comprises a reception room, kitchen/diner, storage room and WC to the ground floor. The first floor provides two bedrooms and a bathroom.
Please refer to legal pack for lease information Situated on Saint Catherine Street in Ventnor, the property is located within easy reach of local shops and amenities, as well as the scenic coastline and beaches.
The nearby Ventnor Beach offers attractive seaside surroundings, while transport links are provided by Shanklin railway station, offering connections across the island and onward travel links.
Here's what to do next Visit - Our website and view the auction terms. View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date.
Legal Pack - Download and view the legal pack to find out all the relevant information. Prior Auction Offer - Want it now? Submit a prior auction offer through our website.
All offer's go direct to the seller. Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 53 Saint Catherine Street, 53 Saint Catherine Street, Ventnor
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