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Port La Salle, Bouldnor, Yarmouth, Isle of Wight

South East

£545,000
Listed on 13/01/2025

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1037 sqft

Description

This historic property, originally part of the Carnarvon Estate and dating back to 1882, offers a unique opportunity for renovation and investment. Situated on the edge of the charming sailing town of Yarmouth, it boasts a spacious layout featuring an L-shaped lounge with dual aspect windows that invite natural light. The expansive wrap-around gardens are not only picturesque but also provide potential for extension or the addition of a garage or boat storage, subject to planning permission. With four bedrooms—including one with en-suite facilities—this single-storey home is ideal for families or those seeking additional workspace in the snug study area. The kitchen, which includes a utility room, is functional yet could benefit from modernisation to enhance its appeal. With allocated parking at the rear and further possibilities for development, this property blends historical character with significant investment opportunity. Its location within a tranquil hamlet ensures a peaceful living environment while still being within walking distance to Yarmouth's amenities, including local pubs and restaurants, as well as beautiful coastal walks.

Investment Analysis

(PO41 area)

Above Market Value

This property is priced +42.6% above area average per sq ft

+42.6%
This Property
£526/sq ft
Area Average
£369/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£420,519
10% above area average per sq ft
Potential ROI
-30.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (PO41)

Area prices are falling by -10.3% over the last 12 months
3 year growth: -3.9%
5 year growth: -1.9%
Investment Disclaimer: Analysis based on PO41 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

Port La Salle, Bouldnor, Yarmouth, Isle of Wight
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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
£1,930
Based on a loan of £408,750 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

-5.2% since listed
£545,000£30,000(-5.2%)
11/05/2025
Current price
£575,000Initial listing
13/01/2025

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