We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · PO38 1HG
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom maisonette located on St Catherine's Road in the coastal town of Ventnor.
This property offers a fantastic opportunity for buyers looking to put their own stamp on a home with great potential.
Upon entering, you are welcomed by an entrance porch that leads to a staircase taking you up to the main living areas.
The spacious living room provides a comfortable space for relaxation and entertaining.
This maisonette features a generously sized bedroom, offering stunning sea views that allow you to enjoy the beauty of the coastal scenery.
A bathroom is conveniently located to serve the living areas. The kitchen completes the property, offering space for everyday living.
The property requires works and modernisation throughout, presenting a fantastic opportunity for those looking to create their dream home.
With its potential for improvement, this maisonette is an ideal project for investors or homeowners looking to add value and personal touches.
Ventnor is a charming town known for its stunning coastline and vibrant community. Close to all local amenities, residents can enjoy easy access to shops, cafes, restaurants, and leisure facilities.
The town is unique and supports a variety of outdoor activities and attractions, making it a desirable location for both permanent residents and holidaymakers.
Living Room 3.6m x 3.5m Kitchen Bedroom 1 3.6m x 3.6m Bathroom 3.4m x 1.6m Council Tax Band A Tenure Leasehold - Commencement date of lease: 27/08/1999 Length of lease: 99 years from 27/08/1999 Ground Rent: £75.00 rising to £175.00 NB Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
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 St. Catherine Street, Ventnor, Isle of Wight
Explore nearby