2-bedroom flat · PO33 1HD
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a cul-de-sac towards the eastern reaches of the charming coastal town of Ryde, this purpose-built first-floor flat presents an excellent opportunity for both first-time buyers and investors alike.
Spanning a comfortable 538 square feet, the property features a generous open-plan lounge and dining area, enhanced by a delightful box bay window that invites natural light and offers a pleasant view of the surroundings.
The flat comprises two well-proportioned bedrooms and a bathroom, providing ample space for relaxation and privacy.
A secure entry system ensures peace of mind, allowing residents to feel safe in their home.
Additionally, the property benefits from an allocated parking space within a communal car park, making it convenient for those with vehicles.
While some upgrading is required to the interior, this presents a unique opportunity for the incoming buyer to personalise the space to their taste and style.
The location is particularly advantageous, with easy access to local amenities, including a shop, bus routes, and a school, making it ideal for families or those seeking a convenient lifestyle.
This flat is not just a home; it is a canvas awaiting your personal touch in an accessible area. With its potential and location, it is a property that should not be missed.
Communal Entrance - Secure Entry System 1st Floor Landing - Entrance Hall - Entry Phone Built In Cupboard Housing Hot Water Cyclinder - Kitchen - 3.30m x 2.06m (10'10 x 6'9) - Lounge/Diner - 5.00m max x 4.11m (16'5 max x 13'6) - Bedroom 1 - 3.23m x 2.82m (10'7 x 9'3) - Bedroom 2 - 2.24m x 2.18m (7'4 x 7'2) - Bathroom - 1.96m x 1.91m (6'5 x 6'3) - Parking - Space provided in communal car park.
Communal Facilities - Secure entry system. Dustbin storage area. Car park. Tenure - Leasehold. 125 years from 24/6/1991. 89 years remaining.
Council Tax - Band B Flood Risk - Very Low Risk Construction Type - Brik elevations. Concrete tile roof. Cavity walls.
Broadband Connectivity - Up to Ultrafast fibre available Mobile Coverage - Coverage includes EE, O2, Three & Vodafone. Services - Unconfirmed electric, water and drainage.
Agents Note - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you.
None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you.
Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.
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 East Ryde
Explore nearby