2-bedroom bungalow · PO36 9NH
Listing removedListed 413 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***chain free*** A super detached bungalow being well situated within a popular residential area but is about 1 mile from Shanklin Town and its many amenities.
Also close by is the Cliff-Top which offers delightful coastal walks and links the twin resort towns of Sandown and Shanklin.
Sandown offers the Heights Leisure Centre and a popular 18-hole Golf Course. The accommodation benefits from gas fired central heating, 2 Bedrooms and Lounge/Diner.
There is single Garage to the rear of the property and superb mature gardens to both the front and rear.
In our opinion, the property would be of particular interest to those seeking spacious one level living.
It comprises: Entrance Porch - Door Off To; Entrance Hall With storage cupboard Lounge/Diner (5.46m x 4.09m reducing to 3.02m (17'11 x 13'5 redu) Bedroom 1 (4.42m x 3.02m (14'6 x 9'11)) Fitted wardrobe cupboards Bedroom 2 (3.15m x 2.67m (10'4 x 8'9)) Double doors to rear garden Shower Room (1.93m x 1.75m (6'4 x 5'9)) Outside To the front of the property is a mature garden and mainly laid to shingle and enclosed by low walling.
To the rear is super private gardens which are well stocked with a variety of mature shrubs and trees, decked area, brick built store. And Green House.
From the rear of the garden is a door providing access to the Garage. Garage (4.88m x 2.64m (16' x 8'8)) With electric up and over door, power and light, Door and window to rear.
Services - All Mains Available Tenure - Freehold Council Tax - Band C
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
FAQ
About 7, James Avenue, Lake
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