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See how verdicts work3-bedroom bungalow · PO31 8JD
Listing removedListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully appointed semi-detached bungalow in a quiet rural street on the outskirts of Gurnard. 3 Double bedrooms, off street parking, garage, modern and open plan kitchen reception.
Complete with a South/West facing garden. Chain free Lounge/Diner (23' 7'' x 11' 10'' (7.2m x 3.6m) Max l-Shape) A bright modern reception with bi - fold doors out onto a rear deck and garden.
Kitchen (11' 11'' x 8' 6'' (3.63m x 2.6m)) Open plan to the main reception, integrated appliances, and separate utility cupboard with washing machine and tumble dryer.
Bedroom 1 (11' 0'' x 15' 5'' (3.35m x 4.71m) into bay window) A front aspect bedroom with bay window - Stripped wooden flooring.
Bedroom 2 (15' 5'' x 11' 0'' (4.71m x 3.35m) into bay) A front aspect twin bedroom. Bedroom 3 (11' 0'' x 11' 10'' (3.35m x 3.61m)) A rear aspect internal double bedroom.
Bathroom A beautifully appointed family bathroom, with panelled bath and shower over, w/c and basin.
Outside The front the property has off street parking for several vehicles and and access to a single garage.
The rear garden is arranged with raised deck from the property and lawn with surrounding hedges and planting. South/West facing aspect.
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 40, Cockleton Lane, Cowes
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