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Swanmore Road, Ryde

South East

£200,000
Listed on 21/03/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
904 sqft

Description

This three-bedroom property presents an excellent opportunity for those looking to invest in a home that is ripe for renovation. While the interior requires updates, it provides a solid foundation for customization and improvement, allowing you to tailor the space to suit your vision. The manageable garden offers potential for landscaping or outdoor living enhancements, providing a pleasant retreat. Its location benefits from being conveniently close to town, making daily amenities easily accessible. This proximity not only adds value but also appeals to prospective renters or future buyers seeking convenience. With no chain involved, this property is ready for a new owner who can envision its potential and bring it back to life. Ideal for investors or first-time buyers willing to put in the work, this home is an exciting canvas waiting for the right touch.

Investment Analysis

(PO33 area)

Below Market Value

This property is priced -21.9% below area average per sq ft

-21.9%
Potential saving
This Property
£221/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£281,813
10% above area average per sq ft
Potential ROI
+17.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO33)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -1.7%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on PO33 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

Swanmore Road, Ryde
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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
£733
Based on a loan of £150,000 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.

Next Steps

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