2-bedroom terraced house · PO33 2TH
Sold STCListed 356 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet cul de sac on the outskirts of town, this two/three bed house is close to open countryside yet a short walk to all amenities Ryde has to offer.
Having recently been converted back into a house from two flats the three storey house does need further upgrading but offers good sized flexible accommodation.
Offered chain free with a large garden, newly fitted bathroom and mostly UPVC double glazing, an early viewing is recommended.
UPVC double glazed entrance door to: Kitchen: 12'0" x 10'8" (3.66m x 3.25m) With fitted base and wall units. Stainless steel sink unit. Tiled splash backs. UPVC double glazed window to the front.
Inner Lobby: With stairs to first floor. Lounge: 11'1" x 10'5" (3.38m x 3.18m) With built-in airing cupboard containing copper cylinder. UPVC double glazed window to the rear.
Hallway: With stairs down to: Lower Ground Floor Dining Room: 11'8" x 10'6" (3.56m x 3.20m) With UPVC double glazed window to the front.
Bathroom: Panelled bath with shower over, wash hand basin with vanity under and a low level WC. UPVC double glazed window to the rear.
Utility Room: 11'0" x 10'0" (max) (3.35m x 3.05m (max)) With stainless steel sink unit and cupboard under. UPVC double glazed window to the rear. Door to the garden.
First Floor: Landing Bedroom One: 12'0" x 10'9" (3.66m x 3.28m) With UPVC double glazed window to the front. Bedroom Two: 11'1" x 9'8" (3.38m x 2.95m) With UPVC double glazed window to the rear.
WC off. Shower cubicle with electric shower. Outside: Large rear garden with patio area and lawn, trees and shrubs. Tenure: Leasehold - 990 Years remaining (Ground rent £2.25 pa) EPC: E Council Tax: A
Value & comps
No previous sales on record.
Returns
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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 Osborne Road, Ryde, Isle Of Wight, PO33
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