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Copse Lane, Freshwater

South East

£320,000
Listed on 07/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
968 sqft

Description

This three-bedroom detached bungalow presents a promising renovation opportunity in the charming village of Freshwater. Positioned on the edge of the community, the home is conveniently located near essential amenities and beautiful coastal landscapes, making it an attractive prospect for both families and investors. Inside, the layout includes two ground-floor bedrooms as well as a spacious main bedroom upstairs, providing flexibility for various living arrangements. The bungalow features a lounge area, a kitchen/diner that offers space for meal preparation and family gatherings, along with a sun room that could become a tranquil retreat or play area with some updates. The bathroom also awaits modern touches to enhance functionality and comfort. The exterior provides ample potential for enhancement; the good-sized rear garden is currently overgrown but presents an excellent canvas for landscaping enthusiasts. With mature shrubs and trees already established, there’s scope to create an inviting outdoor space tailored to your vision. Additionally, driveway parking accommodates multiple vehicles, enhancing convenience for residents and guests alike. Freshwater itself boasts a vibrant community atmosphere with accessible services nearby, including a health and leisure centre, primary school, shops, eateries, and more. The area's natural beauty is evident with proximity to stunning beaches such as Freshwater Bay and Totland Bay, complemented by scenic walking paths like Tennyson's Trail. For those envisioning renovations or investments in real estate on the Isle of Wight, this property not only offers immediate living space but also significant potential for appreciation through thoughtful enhancements. Given its location and characteristics, it stands out as an ideal project for creating a dream home in an appealing neighborhood.

Investment Analysis

(PO40 area)

Below Market Value

This property is priced -0.9% below area average per sq ft

-0.9%
Potential saving
This Property
£331/sq ft
Area Average
£334/sq ft

Renovation Potential

Est. Renovation Cost
£32,000 - £80,000
10-25% of property value
Target Value
£355,324
10% above area average per sq ft
Potential ROI
-11.2%
After renovation
Monthly Sales
5
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PO40)

Area prices are rising by +9.0% over the last 12 months
3 year growth: -2.7%
5 year growth: 26.2%
Investment Disclaimer: Analysis based on PO40 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Copse Lane, Freshwater
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