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Fairhaven Close, Bembridge, Isle of Wight, PO35 5SX - Image 1
Fairhaven Close, Bembridge, Isle of Wight, PO35 5SX - Image 2
Fairhaven Close, Bembridge, Isle of Wight, PO35 5SX - Image 3
Fairhaven Close, Bembridge, Isle of Wight, PO35 5SX - Image 4
Fairhaven Close, Bembridge, Isle of Wight, PO35 5SX - Image 5

Fairhaven Close, Bembridge, Isle of Wight, PO35 5SX

South East

£450,000
Listed on 08/06/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1248 sqft

Description

This detached house presents a unique opportunity for renovation and investment, offering spacious accommodation throughout. The property is sold chain-free and boasts a well-thought-out layout, making it ideal for those looking to personalize or modernize their living space. The ground floor features an inviting entrance hall with a distinctive porthole-style window leading into a dual-aspect sitting room, which is bright and airy thanks to windows on both sides. A feature fireplace adds character, while the adjoining double-glazed conservatory provides additional living space with direct access to the garden. The kitchen is functional but could benefit from updating, and includes utility and lobby areas along with a convenient WC. Upstairs, the landing area leads to three generously sized bedrooms. Notably, the large main bedroom has potential for conversion into two separate rooms or an en-suite bathroom—offering flexibility depending on your needs. Two additional double bedrooms are also present, along with a family bathroom that features essential amenities. Externally, the property is surrounded by lawned gardens that wrap around the sides and rear of the house, benefiting from a southerly aspect that provides ample sunlight. The outdoor space includes patio areas perfect for relaxation and entertaining, while a greenhouse offers opportunities for gardening enthusiasts. Driveway parking accommodates two cars and leads to a single garage. Located within easy reach of local beaches at Lane End and Forelands, this home enjoys proximity to essential amenities such as shops and schools just a short stroll away. With its combination of space, potential for modernization, and favorable location, this property promises significant investment advantages for future homeowners or rental seekers looking to create value through renovations.

Investment Analysis

(PO35 area)

Below Market Value

This property is priced -8.1% below area average per sq ft

-8.1%
Potential saving
This Property
£361/sq ft
Area Average
£392/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£538,481
10% above area average per sq ft
Potential ROI
+9.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO35)

Area prices are falling by +5.2% over the last 12 months
3 year growth: 6.1%
5 year growth: 21.7%
Investment Disclaimer: Analysis based on PO35 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

Fairhaven Close, Bembridge, Isle of Wight, PO35 5SX
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE