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St. Marys Close, Ryde, Isle of Wight, PO33

South East

£250,000
Listed on 27/07/2025

Property Details

Bedrooms
2
Type
Detached house
Area
642 sqft

Description

This semi-detached bungalow features two bedrooms and presents a promising opportunity for renovation or investment. Situated in a tranquil area of Haylands, on the outskirts of Ryde, the property boasts a convenient two-car driveway at the front and a garage at the back, adding practicality for potential owners or renters. Inside, you will find a spacious lounge with a charming feature fireplace that creates a welcoming atmosphere. The layout includes a functional kitchen, two generously sized double bedrooms equipped with fitted wardrobes, and a bathroom. Additionally, there is a conservatory that provides extra living space while overlooking the small, enclosed lawned garden at the rear—ideal for outdoor relaxation or future landscaping projects. Though the home requires some modernization to maximize its full potential, it already benefits from gas central heating and double glazing. Its location strikes a balance between quiet residential living and accessibility; bus routes to Ryde town center are nearby, along with a convenience store just 100 yards away, enhancing daily living conveniences. Overall, this property not only offers comfortable living space but also serves as an ideal canvas for those looking to invest in upgrades or create rental opportunities in a well-connected area.

Investment Analysis

(PO33 area)

Above Market Value

This property is priced +37.4% above area average per sq ft

+37.4%
This Property
£389/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£200,137
10% above area average per sq ft
Potential ROI
-28.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

St. Marys Close, Ryde, Isle of Wight, PO33
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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
£916
Based on a loan of £187,500 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