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St Lawrence, Isle of Wight

South East

£450,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1324 sqft

Description

This distinctive cottage, originally a Victorian stable block, offers an excellent opportunity for renovation and investment. With a charming history as part of St Rhadagunds, it has been transformed into a delightful end-of-terrace home featuring bright, airy spaces thanks to its high ceilings and south-facing orientation. The characterful elements, such as the original stonework and an apple hook from its previous life, add unique charm. Recent improvements include modern aluminium windows and doors installed in 2023, along with a newly fitted bathroom showcasing Heritage features. The expansive south-facing garden provides not only serene sea views but also ample space for outdoor enhancements. A versatile chalet at the far end of the garden includes a spacious decked area that invites further development potential—whether for additional living space or rental opportunities. Located in the sought-after village of St Lawrence, you will enjoy easy access to picturesque coastlines and nature walks. The nearby town of Ventnor offers essential amenities including shops and dining options, all within reach while benefiting from the region's mild climate. This property presents a valuable canvas for buyers interested in making personal touches or expanding upon the existing structures.

Investment Analysis

(PO38 area)

Above Market Value

This property is priced +9.5% above area average per sq ft

+9.5%
This Property
£340/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£451,921
10% above area average per sq ft
Potential ROI
-7.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PO38)

Area prices are falling by +6.7% over the last 12 months
3 year growth: -8.3%
5 year growth: 6.0%
Investment Disclaimer: Analysis based on PO38 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 Lawrence, 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
£1,648
Based on a loan of £337,500 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