Isle of Wight · PO33
Ryde
Ryde, Isle of Wight
Guide Price
Fully Let Residential Investment Block | Gross Yield 5.64% | Prime Island Location
Elliott Lincoln is pleased to bring to market Hills Court, a fully tenanted residential investment comprising 12 self-contained apartments situated in the heart of Ryde's High Street on the Isle of Wight.
This is an attractive opportunity to acquire a fully income-producing asset with strong rental performance, long-term lease security, and minimal management liability.
The home, in the agent’s words
- Gross Yield 5.81%
- Apartment Block - established income stream from 12 fully let residential units
- Centrally located in Ryde, a key commuter town with fast links to the mainland
- Consistent rental income with room for growth in line with market demand
- Ideal for hands-on investors - low management input and long-term asset stability
- High street location close to amenities, transport, and local employment
- Long 999-year lease, long term investment
Read the full agent description
Fully Let Residential Investment Block | Gross Yield 5.64% | Prime Island Location
Elliott Lincoln is pleased to bring to market Hills Court, a fully tenanted residential investment comprising 12 self-contained apartments situated in the heart of Ryde's High Street on the Isle of Wight.
This is an attractive opportunity to acquire a fully income-producing asset with strong rental performance, long-term lease security, and minimal management liability.
Property Overview - 12 Residential Apartments
11 x One-Bedroom Apartments
1 x Two-Bedroom Apartment
Tenure: Leasehold - 999 years
Tenancies: Fully Let on Assured Shorthold Tenancies
Floors: Two
Gross Monthly Income: £8,225
Gross Annual Income: £98,700
Management Fees: 5.5% (£5,428.50)
Net Operating Income: £93,271.50 per annum
Current Yield (Gross): 5.81%
Location - Hills Court is in the heart of Ryde, one of the Isle of Wight's most desirable and well-connected towns. With the passenger hovercraft and catamaran services nearby, it offers fast and convenient access to Portsmouth and the South Coast. The property is situated in a strong rental catchment area and benefits from proximity to the seafront, shops, cafes, and public transport links.
Further Information - A full tenancy schedule and floor plans are available on request. For more information or to arrange a confidential discussion, please contact Elliott Lincoln.
A feel for the area
Connected for everyday life
100%of homes in the postcode can access 100+ Mbps broadband.
Available speed bands
- 30+ Mbps
- 100%
- 100+ Mbps
- 100%
- 300+ Mbps
- 100%
- 1,000+ Mbps
- 100%
Getting about
0.4 milesto Ryde St Johns Road Rail Station
Approximate straight-line distance · DfT NaPTAN · 13 Sept 2026Background air quality
- Fine particles · PM₂.₅
- 5.8 µg/m³ · Above the WHO guideline · well within the UK legal limit
- Nitrogen dioxide · NO₂
- 6.9 µg/m³ · Meets the WHO guideline
Annual background levels. For scale: the WHO 2021 guideline is 5 µg/m³ for PM₂.₅ and 10 for NO₂; the UK legal limit is 20 and 40. Lower is better; this is a 1 km model, not a reading at the door.
Defra · 2024 annual model · 1 km areaLocal information is approximate. Distances are straight-line estimates from the available location. Broadband describes postcode coverage, not the speed or service available at this home; check the address with a provider. Air quality is a modelled annual background estimate.
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The information provided in this listing is for general information purposes only and does not constitute property particulars. We make no warranties or guarantees, express or implied, regarding the accuracy, completeness, or availability of the information.
Property details are provided by the listing agent, developer, or other third parties, and we have no control over the content provided. Prospective buyers or tenants should make their own enquiries and verify all information directly with the agent or relevant party.
Information relating to Energy Performance Certificates, Home Reports, or other statutory documents should be obtained directly from the selling agent or developer where applicable.