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Shorwell, Isle of Wight

South East

£365,000
Listed on 22/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1109 sqft

Description

This Grade II listed stone cottage presents a unique opportunity for investment and renovation, situated within expansive, mature gardens. Having been on the market for the first time in approximately four decades, this home carries a wealth of historical charm and character. With ample space on three sides for potential extensions—subject to obtaining necessary permissions—the property offers significant scope for enhancement. Located in the desirable village of Shorwell, it is conveniently close to local amenities including a pub and farm shop. The stunning AONB countryside is just moments away, perfect for outdoor enthusiasts. As an established holiday letting property, it holds promise as either a primary residence or a second home. The layout includes a cozy sitting room featuring exposed beams and a woodburning stove, alongside flexible dining space that could be repurposed into additional living areas or bedrooms if desired. The kitchen, with its notable views of the garden, requires modernization but offers solid foundations with good storage solutions. Two generously sized double bedrooms are found on the first floor. Outside, the extensive grounds provide privacy and seclusion, complemented by a substantial insulated timber outbuilding suitable for various uses—a workshop or summerhouse could easily be realized here. Essential services such as mains water and electricity are connected; however, there is potential for further improvements to meet modern living standards.

Investment Analysis

(PO30 area)

Above Market Value

This property is priced +19.4% above area average per sq ft

+19.4%
This Property
£329/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£336,143
10% above area average per sq ft
Potential ROI
-20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PO30)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 3.1%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on PO30 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.

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Location

Shorwell, Isle of Wight
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