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Freshwater, Isle of Wight

South East

£270,000
Listed on 13/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1011 sqft

Description

This three-bedroom semi-detached Victorian house presents a valuable opportunity for renovation and investment in a desirable location. The property, while requiring some modernization, offers a well-proportioned layout with the potential to create a comfortable family home or rental unit. The entrance hall welcomes you into the home and leads to a spacious lounge featuring an inviting bay window that allows natural light to fill the room. Adjacent to this is the dining room, which flows seamlessly into a good-sized kitchen at the rear, creating an ideal space for entertaining or family gatherings. An additional side porch could be transformed into a utility area, enhancing functionality on the ground floor. Heading upstairs, you'll find three generously sized double bedrooms that are ready for reimagining, along with a family bathroom equipped with essential amenities. The property benefits from double glazing throughout and is heated by gas central heating, ensuring comfort even during colder months. Externally, there is off-road parking provided by a block-paved driveway at the front. The rear garden enjoys a westerly aspect, making it perfect for afternoon sun and evening relaxation. This garden has been thoughtfully designed for low maintenance but offers scope for additional landscaping or enhancements. A greenhouse and brick garden store add practicality to the outdoor space. There's also convenient access from Princes Close at the back of the property under an existing temporary license that would need to be renewed with future ownership. Located within easy reach of Freshwater village's shops and amenities, this property is also close to Colwell Common and popular sandy beaches in Colwell Bay. The surrounding area features numerous footpaths and bridleways, perfect for outdoor enthusiasts seeking walks with stunning coastal views. Additionally, Yarmouth’s nearby harbor provides ferry connections to mainland transport links. In summary, this property not only offers immediate living space but also significant potential for improvement or investment in one of the region's charming village settings.

Investment Analysis

(PO40 area)

Below Market Value

This property is priced -19.5% below area average per sq ft

-19.5%
Potential saving
This Property
£267/sq ft
Area Average
£332/sq ft

Renovation Potential

Est. Renovation Cost
£27,000 - £67,500
10-25% of property value
Target Value
£369,050
10% above area average per sq ft
Potential ROI
+9.3%
After renovation
Monthly Sales
8
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PO40)

Area prices are rising by +8.6% over the last 12 months
3 year growth: -2.7%
5 year growth: 25.5%
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

Freshwater, Isle of Wight
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