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- WITH SELF CONTAINED ANNEX - Ashey, Ryde - Image 1
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- WITH SELF CONTAINED ANNEX - Ashey, Ryde

South East

£795,000
Listed on 14/03/2025

Property Details

Bedrooms
6
Type
Detached House
Area
2787 sqft

Description

Nestled in a tranquil semi-rural setting, this substantial four-bedroom residence presents a unique opportunity for renovation and investment. The property, known as Tulfes, features ample living space alongside a self-contained two-bedroom annexe and various outbuildings, all situated within a gated plot that enhances its privacy. Originally constructed in 1973 and well-maintained by the current owners, the home offers flexible living areas ripe for modernisation, making it an exciting project for those looking to enhance its value. The main house consists of a spacious entrance hall leading to multiple reception rooms including a generous living area with an open fire, dining room, snug, and conservatory. Upstairs, you will find four double bedrooms along with a family bathroom, providing sufficient space for families or potential rental opportunities. The annexe is equally well-proportioned and ideal for extended family living or as a separate rental unit. The extensive grounds include a long driveway with plenty of parking options and an adjoining garage plus a two-storey workshop currently holding B2 industrial use planning permission—an excellent asset for starting a small business or converting into additional residential accommodation (subject to relevant permissions). Moreover, the sizable plot opens up possibilities for further development; the workshop and garage could be transformed into separate residences. Additionally, local amenities are easily accessible with Ryde High Street just minutes away, while the scenic surroundings provide ample outdoor activities. This property balances countryside tranquility with investment potential in an increasingly desirable locality.

Investment Analysis

(PO33 area)

Above Market Value

This property is priced +0.4% above area average per sq ft

+0.4%
This Property
£285/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£870,659
10% above area average per sq ft
Potential ROI
-0.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO33)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -3.8%
5 year growth: +5.0%
Investment Disclaimer: Analysis based on PO33 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

- WITH SELF CONTAINED ANNEX - Ashey, Ryde
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,816
Based on a loan of £596,250 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Price History

-16.3% since listed
£795,000£30,000(-3.6%)
13/03/2025
Current price
£825,000£70,000(-7.8%)
03/06/2023
£895,000£5,000(-0.6%)
26/04/2023
£900,000£50,000(-5.3%)
09/02/2023
£950,000Initial listing
13/09/2022

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