PO33 2NQ - 1 bed central courtyard investment flat in Lind Street, PO3…

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1 bedroom flat for sale in Flat 1, 7 Lind Street, Ryde, Isle Of Wight, PO33 2NQ, PO33

Summary - Flat 1, 7, Lind Street, RYDE PO33 2NQ

1 bed 1 bath Flat

Compact period apartment with strong rental potential close to shops and seafront.
Vacant one-bedroom apartment with vacant possession
This ground-floor one-bedroom apartment in central Ryde is presented as a straightforward buy‑to‑let or holiday-let opportunity. With vacant possession, share of freehold and a very long lease (973 years), it suits an investor looking for an easy-to-manage central pied‑à‑terre. Spacious period ceilings and communal courtyard add genuine rental appeal in a Georgian setting.

Be aware this is a Grade II listed property; listing status will restrict alterations and can make refurbishment more complex and costly. The flat is small (approximately 348 sq ft) and is offered for sale by online auction with a Buyers’ Premium and a required deposit on the fall of the hammer — purchasers must allow for those additional upfront costs and the 56‑day completion requirement.

Practical running costs are modest: there is no ground rent, service charge about £113 pcm (c. £1,356 pa), and very low council tax (Band A). The vendor’s guide suggests a rental value around £800 pcm and a market value cited at £100,000, which outlines potential yield for a buy‑to‑let investor if purchase price is at the lower end of the guide. Note the wider area is listed as deprived with high recorded crime — factor this into lettings strategy and expected rents or insurance costs.

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