This 1-bedroom basement flat offers a blank canvas for renovation and investment, with approximately 575 sq. ft of internal space. Currently vacant and in need of improvement, the property presents a fantastic opportunity for buyers seeking capital growth, refurbishment, and resale, or a high-demand rental investment. Located in a desirable coastal town, the flat is within walking distance of Ryde town centre, train station, and mainland transport links, as well as the seafront. Its accessible and sought-after setting makes it ideal for both owner-occupiers and investors, with the potential for a gross yield over 12% in the strong local rental market.