Summary - ASHBORNE COURT, 3 FLAT 4 ALBERT ROAD SANDOWN PO36 8AN
2 bed 1 bath Flat
Chain-free investment close to beach with parking and low maintenance.
Tenant in situ with gross rental income approx. £11,000pa
A compact two-bedroom flat in Ashborne Court, just 100 yards from Sandown’s sandy beach and high street, currently let and producing around £11,000 per year. The property is newly redecorated with a bay-fronted lounge offering side sea views, a modern kitchen, two double bedrooms (one with built-in wardrobes) and allocated off-street parking to the rear. Gas central heating and double glazing help keep running costs modest.
This is a chain-free sale with the tenant in situ, making it a straightforward purchase for a buy-to-let investor. The lease has 89 years remaining and the apartment is sold with a share of freehold; there is no ground rent and the service charge is approximately £1,020 per year (£85 pcm). Presentation is good and the building is low-maintenance purpose-built from the 1990s.
Buyers should note the shorter-than-ideal lease length (89 years) which may affect mortgage options and future resale value without lease extension. The area shows higher local crime rates and relative deprivation, facts that may factor into rental demand and insurance costs. The overall flat is small in size, so it best suits investors or buyers looking for a compact seaside rental rather than a large family home.
For an investor seeking immediate income and minimal initial refurbishment, this apartment is a practical pick: tenant in place, healthy gross yield, seaside location and low ongoing maintenance. Those prioritising long-term capital growth or family accommodation should weigh the lease term, local area indicators and property size before proceeding.
2 bedroom ground floor flat for sale in Albion Road, Sandown, Isle Of Wight, PO36 — £145,000 • 2 bed • 2 bath • 609 ft²
2 bedroom flat for sale in Spring Hill Court, Ventnor, PO38 — £179,950 • 2 bed • 1 bath • 679 ft²
2 bedroom apartment for sale in Fitzroy Street, Sandown, Isle of Wight, PO36 — £110,000 • 2 bed • 1 bath • 496 ft²
2 bedroom flat for sale in Leed Street, SANDOWN, Isle of Wight, PO36 — £139,950 • 2 bed • 1 bath • 497 ft²
2 bedroom flat for sale in INVESTMENT OPPORTUNITY - Victoria Avenue, Shanklin, PO37 — £114,000 • 2 bed • 1 bath • 601 ft²
2 bedroom apartment for sale in Sandown Road, Shanklin, PO37 — £160,000 • 2 bed • 1 bath • 308 ft²
