Sold STC Flat

FLAT 6

STAR HOUSE, 3, STAR STREET, RYDE, ISLE OF WIGHT PO33 2HX

1 baths 28 m² Listed 19 Aug 2019 (-2527d)

£70,000

Reduced on 6 Nov 2019

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# Studio flat for sale (PO33 2HX)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 6, STAR HOUSE, 3, STAR STREET, RYDE, ISLE OF WIGHT PO33 2HX |
| Price | £70,000 |
| Bathrooms | 1 |
| Last sold | £67,000 Feb 2020 |

## Description

CASH BUYERS ONLY(see notes)......................This purpose built first floor studio flat is conveniently situated within the very heart of Ryde's bustling town centre. Shops, cafes, a supermarket, post office plus a wealth of other facilities are all literally on your doorstep making everyday requirements just that little easier. The nearest bus stop is less than a hundred yards away leaving local travel truly accessible, and for those who commute to the mainland the proximity to the hovercraft and Fastcat links are well within walking distance. Built circa 2007, this building is one of only a handful of purpose built developments within central Ryde and it is certainly one of very few buildings with a lift.  This will mean that this flat is fully accessible to all regardless of ability and age and it comes with all the modern accoutrements one would expect such as gas central heating and double glazing. This flat has a successful rental track record generating some £5000 per annum (12 month occupation) or £416 pcm. This will generate an annual return of some 7% (approx).

At  a glance:-

Communal Entrance

First Floor Landing

Entrance Hallway (8'10 x 3'4)

Bed/Sitting Room (15'0 x 11'9 max to recess)

Kitchen (8'5 x 7'7)

Bathroom (6'6 x 5'9)

Communal Facilities - Lift to all floors. Dustbin storage area to rear. Secure entry system.

LEASEHOLD Tenure

112 years remain on lease

Maintenance £770 per annum

CASH BUYERS ONLY - at 28.6 sqm gross internal area it does not meet mortgage requirements.

No Onward Chain

## Property Photos

- ![Photo 6](/listings/photos/73644625/1258339) - Photo 6
- ![Photo 5](/listings/photos/73644625/1258341) - Photo 5
- ![Photo 2](/listings/photos/73644625/1258343) - Photo 2
- ![Photo 4](/listings/photos/73644625/1258345) - Photo 4

## Floorplans

- ![Floorplan 1](/listings/photos/73644625/1258347) - Floorplan 1

## EPC Graphs

- ![Energy Perform...](/listings/photos/73644625/1258349) - Energy Perform...

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| STAR HOUSE, 3 FLAT 6 STAR STREET, RYDE, ISLE OF WIGHT, PO33 2HX | £67,000 | 24/02/2020 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CROFTON HOUSE, 105 FLAT 2 GEORGE STREET, RYDE, ISLE OF WIGHT, PO33 2JE | £108,000 | 19/08/2025 | Flat |
| CROFTON HOUSE, 105 FLAT 4 GEORGE STREET, RYDE, ISLE OF WIGHT, PO33 2JE | £121,000 | 12/02/2025 | Flat |
| 157 FLAT 1 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2HT | £61,000 | 30/11/2023 | Flat |
| 157 FLAT 2 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2HT | £61,000 | 30/11/2023 | Flat |
| 157 FLAT 3 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2HT | £61,000 | 30/11/2023 | Flat |
| 157 FLAT 4 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2HT | £61,000 | 30/11/2023 | Flat |
| 157 FLAT 5 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2HT | £61,000 | 30/11/2023 | Flat |
| 10 FIRST FLOOR FLAT BEDWORTH PLACE, RYDE, ISLE OF WIGHT, PO33 2RF | £152,500 | 30/09/2022 | Flat |
| OXFORD HOUSE, 10 FLAT 5 BARFIELD, RYDE, ISLE OF WIGHT, PO33 2JP | £130,000 | 10/05/2022 | Flat |
| CHESTNUT COURT, 20 APARTMENT 5 BARFIELD, RYDE, ISLE OF WIGHT, PO33 2JP | £215,000 | 03/05/2022 | Flat |
| OXFORD HOUSE, 10 FLAT 2 BARFIELD, RYDE, ISLE OF WIGHT, PO33 2JP | £117,000 | 03/03/2022 | Flat |
| STAR HOUSE, 3 FLAT 3 STAR STREET, RYDE, ISLE OF WIGHT, PO33 2HX | £115,000 | 25/02/2022 | Flat |
| 41 FLAT 2 PLAYER STREET, RYDE, ISLE OF WIGHT, PO33 2JB | £151,000 | 04/02/2022 | Flat |
| 62A FLAT 1 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2RJ | £80,000 | 17/12/2021 | Flat |
| 63 FLAT C HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2RJ | £92,000 | 17/12/2021 | Flat |
| ST AUSTELL, 89 FLAT 2 GEORGE STREET, RYDE, ISLE OF WIGHT, PO33 2JX | £80,000 | 22/10/2021 | Flat |

**Area average:** £104,156 (16 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £127,157 (27 Flat, PO33, 2024–2026)
- **Deviation:** -44.9%

## Rental Range

*ONS Price Index of Private Rents (Isle of Wight). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £851/mo
- **Realistic:** £946/mo
- **Optimistic:** £1,041/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| [Somerset Road, Ryde, Isle Of Wight](http://87.117.209.195:8080/listings/dca55f0) | £1,200/mo | 3 | 0.86 miles | Rightmove |

**Average rent: £1,200/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.71% (strong)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,200/mo).*

- **Gross yield:** 20.6%
- **Cost-to-rent:** 4.9×
- **Monthly cashflow:** £779/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 46.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -25.6%
- **10y growth:** 8.6%

## House Price Index (HM Land Registry)

*Official index for Isle of Wight; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -5.7%
- **5y growth (index):** -5.5%
- **10y growth (index):** 17.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Photo 6 Photo 5 Photo 2 Photo 4

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Property details

Tenure

LEASEHOLD

Floor area

28 m²

Last sold

£67,000 Feb 2020

Local average

£127,157 (-44.9%)

Deprivation

Decile 2 (5,937 of 33,755)

Street crime

218 incidents within 1 mile (May 2026)

Key features

First Floor Studio Flat
15'0 Bed/Sitting Room
Well Presented Interior
Hugely Convenient Central Position
LIFT to all Floors
Gas C/Heating & D/Glazing
Separate 8'5 Kitchen
Successful Rental Track Record
Potential Income £5000 per annum
No Onward Chain

Additional details

Garden: Yes

Description

CASH BUYERS ONLY(see notes)......................This purpose built first floor studio flat is conveniently situated within the very heart of Ryde's bustling town centre. Shops, cafes, a supermarket, post office plus a wealth of other facilities are all literally on your doorstep making everyday requirements just that little easier. The nearest bus stop is less than a hundred yards away leaving local travel truly accessible, and for those who commute to the mainland the proximity to the hovercraft and Fastcat links are well within walking distance. Built circa 2007, this building is one of only a handful of purpose built developments within central Ryde and it is certainly one of very few buildings with a lift. This will mean that this flat is fully accessible to all regardless of ability and age and it comes with all the modern accoutrements one would expect such as gas central heating and double glazing. This flat has a successful rental track record generating some £5000 per annum (12 month occupation) or £416 pcm. This will generate an annual return of some 7% (approx).

At a glance:-
Communal Entrance
First Floor Landing
Entrance Hallway (8'10 x 3'4)
Bed/Sitting Room (15'0 x 11'9 max to recess)
Kitchen (8'5 x 7'7)
Bathroom (6'6 x 5'9)
Communal Facilities - Lift to all floors. Dustbin storage area to rear. Secure entry system.
LEASEHOLD Tenure
112 years remain on lease
Maintenance £770 per annum
CASH BUYERS ONLY - at 28.6 sqm gross internal area it does not meet mortgage requirements.
No Onward Chain

Listed by

Ryde

The Wright Estate Agency

Reference: 73644625

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

Energy Perform...

Price history

Event	Date	Price	% change
Sold	24/02/2020 (6 years ago)	£67,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
CROFTON HOUSE, 105 FLAT 2 GEORGE STREET, RYDE, ISLE OF WIGHT, PO33 2JE	£108,000	19/08/2025	Flat
CROFTON HOUSE, 105 FLAT 4 GEORGE STREET, RYDE, ISLE OF WIGHT, PO33 2JE	£121,000	12/02/2025	Flat
157 FLAT 1 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2HT	£61,000	30/11/2023	Flat
157 FLAT 2 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2HT	£61,000	30/11/2023	Flat
157 FLAT 3 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2HT	£61,000	30/11/2023	Flat
157 FLAT 4 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2HT	£61,000	30/11/2023	Flat
157 FLAT 5 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2HT	£61,000	30/11/2023	Flat
10 FIRST FLOOR FLAT BEDWORTH PLACE, RYDE, ISLE OF WIGHT, PO33 2RF	£152,500	30/09/2022	Flat
OXFORD HOUSE, 10 FLAT 5 BARFIELD, RYDE, ISLE OF WIGHT, PO33 2JP	£130,000	10/05/2022	Flat
CHESTNUT COURT, 20 APARTMENT 5 BARFIELD, RYDE, ISLE OF WIGHT, PO33 2JP	£215,000	03/05/2022	Flat
OXFORD HOUSE, 10 FLAT 2 BARFIELD, RYDE, ISLE OF WIGHT, PO33 2JP	£117,000	03/03/2022	Flat
STAR HOUSE, 3 FLAT 3 STAR STREET, RYDE, ISLE OF WIGHT, PO33 2HX	£115,000	25/02/2022	Flat
41 FLAT 2 PLAYER STREET, RYDE, ISLE OF WIGHT, PO33 2JB	£151,000	04/02/2022	Flat
62A FLAT 1 HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2RJ	£80,000	17/12/2021	Flat
63 FLAT C HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2RJ	£92,000	17/12/2021	Flat
ST AUSTELL, 89 FLAT 2 GEORGE STREET, RYDE, ISLE OF WIGHT, PO33 2JX	£80,000	22/10/2021	Flat

Area average: £104,156 (16 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -25.6%

10y growth 8.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Isle of Wight. Series: Flats and maisonettes. As of April 2026.

1y (index) -5.7%

5y (index) -5.5%

10y (index) 17.1%

Rental Range

Estimated market rent for Isle of Wight. Low = conservative, Realistic = average, Optimistic = best case.

Low £851/mo

Realistic £946/mo

Optimistic £1,041/mo

Based on Local Authority from postcode lookup → Isle of Wight.

Location

Map view View on Google Maps View on OpenStreetMap Street View PO33 2HX

Address

6 Star Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Islanwide Carpets	0.0 miles
Shop	Six Hair Studio	0.0 miles
Bus stop	Ryde Library	0.0 miles
Train station	Ryde St John's Road	0.3 miles
Train station	Ryde Esplanade	0.4 miles
Hospital	Forton Medical Centre	5.1 miles
University	St Andrew's Court Information Centre	5.6 miles
University	Careers and Employability Service	5.6 miles
Hospital	Laidlaw Day Hospital	6.1 miles

Street-level crime

Category	Count
Violence and sexual offences	112
Anti-social behaviour	33
Public order	20
Criminal damage and arson	19
Other theft	10
Drugs	7
Vehicle crime	6
Possession of weapons	4
Burglary	2
Shoplifting	2
Theft from the person	2
Other crime	1
Total incidents	218

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Dover Park Primary School	Primary	0.2 miles	Good — 11 Nov 2018
Ryde School with Upper Chine	Other	0.2 miles	— (No rating)
Ryde Academy	Secondary	0.6 miles	Good — 23 Jan 2023
Greenmount Primary School	Primary	0.6 miles	Requires improvement — 14 Jun 2023
St Mary's Catholic Primary School	Primary	0.6 miles	Requires improvement — 12 Jan 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
Somerset Road, Ryde, Isle Of Wight	£1,200/mo	3	0.86 miles	Rightmove

Average rent: £1,200/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.71%

Max investor price (0.8%) £150,000

Target investor price (1%) £120,000

Gross yield 20.6%

Cost-to-rent ratio 4.9×

Monthly cashflow £779/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 46.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).