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Cranmore, Isle of Wight

South East

£875,000
Listed on 31/12/2025

Property Details

Bedrooms
6
Type
Detached house
Area
5188 sqft

Description

Nestled within approximately 2.93 acres of serene, mature woodland, this substantial semi-rural 6-bedroom country house offers tremendous potential for renovation or investment. While the property has undergone significant alterations over the last two decades, its unique architectural features—including stained glass windows and an eyelid roof—beckon for further enhancement to fully realize its character. The main house benefits from a spacious self-contained annex, which could be adapted for various uses such as guest accommodation or rental income. Located just 2 miles from the historic town of Yarmouth, access to scenic footpaths and the Coastal Footpath adds to its appeal as a retreat or family home. The grounds provide a peaceful sanctuary with no public rights of way cutting through them, ensuring privacy and tranquility. However, there is ample opportunity to modernize existing structures, including several outbuildings that could serve as additional storage or workshop spaces. With significant scope for expansion or improvement (subject to necessary consents), Mole Hill represents an exciting project for investors looking to capitalize on its prime location in the South East.

Investment Analysis

(PO41 area)

Below Market Value

This property is priced -54.6% below area average per sq ft

-54.6%
Potential saving
This Property
£169/sq ft
Area Average
£372/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£2,121,218
10% above area average per sq ft
Potential ROI
+88.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (PO41)

Area prices are falling by +5.7% over the last 12 months
3 year growth: -6.7%
5 year growth: -8.5%
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

Cranmore, Isle of Wight
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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
£3,205
Based on a loan of £656,250 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