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Off Spencer Road, RYDE

South East

£495,000
Listed on 04/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1512 sqft

Description

Nestled in a quiet cul-de-sac just off Spencer Road in Ryde, this detached house from the 1970s offers significant potential for those looking to renovate and personalize their home. The interior is well-maintained but exhibits a dated charm, providing a blank canvas for new owners to implement modern upgrades and improvements tailored to their taste. Featuring four spacious bedrooms and two sizeable reception rooms, this property is particularly well-suited for families or individuals who appreciate entertaining guests. A standout feature is the triple aspect lounge/diner that floods with natural light and connects seamlessly to a sunny garden through double doors—a perfect setting for both lively gatherings and peaceful evenings. The location is conveniently close to local amenities including the beach, town centre, golf course, and accessible bus routes, making it highly desirable for those seeking a coastal lifestyle. Additionally, the property comes with twin garages and a brick-paved driveway that accommodates up to four vehicles, with the added possibility of expanding or converting space subject to planning permissions. In summary, this Ryde residence combines ample living space with room for renovation, making it an attractive option for anyone looking to invest in a vibrant coastal community while creating their ideal home.

Investment Analysis

(PO33 area)

Above Market Value

This property is priced +14.1% above area average per sq ft

+14.1%
This Property
£327/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£477,255
10% above area average per sq ft
Potential ROI
-10.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PO33)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -4.3%
5 year growth: +10.4%
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

Off Spencer Road, RYDE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,785
Based on a loan of £371,250 over 30 years at 4.06% 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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