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Woodland Grove, Bembridge, PO35 5SG

South East

£400,000
Listed on 14/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1527 sqft

Description

This detached bungalow is set at the end of a peaceful cul-de-sac, occupying a spacious corner plot surrounded by picturesque countryside. It offers a unique opportunity for those looking to invest in a property with renovation potential while being conveniently located near various amenities including shops, dining options, and a primary school, along with easy access to sailing clubs and the beautiful coastline. Upon entering, you are welcomed by a generous vestibule that opens into the main living areas. The large sitting room features an internal window to the vestibule and a sizable double-glazed window facing the front, allowing for ample natural light. A characteristic fireplace adds charm to the space. The separate kitchen is well-equipped but could benefit from modern updating, offering plenty of cupboard space and essential appliances. The bungalow comprises three bedrooms; one of which offers direct access to a bright conservatory that overlooks the expansive garden. Each bedroom includes fitted wardrobes and large windows that fill the rooms with sunlight. A fully tiled shower room complements the property alongside two additional WCs, providing practical facilities for family or guests. The outdoor area is particularly noteworthy—set within an extensive garden that wraps around the home. This private space includes a patio area ideal for outdoor seating and sections mainly laid to lawn with mature trees and shrub borders. Additional features include a greenhouse, garden shed, and gated access to the front. For parking convenience, there is a driveway leading to a single garage equipped with power and light. Adjacent to this is a large workshop area complete with workbenches and its own WC, making it perfect for hobbyists or additional storage needs. While some modernization may be required throughout the property, this presents an excellent chance for buyers looking to tailor their new home according to their tastes or for investors seeking possibilities in enhancing value through renovations. With no onward chain, early viewing is encouraged to fully appreciate what this property has to offer.

Investment Analysis

(PO35 area)

Below Market Value

This property is priced -33.2% below area average per sq ft

-33.2%
Potential saving
This Property
£262/sq ft
Area Average
£392/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£658,862
10% above area average per sq ft
Potential ROI
+49.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO35)

Area prices are falling by +5.2% over the last 12 months
3 year growth: 6.1%
5 year growth: 21.7%
Investment Disclaimer: Analysis based on PO35 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

Woodland Grove, Bembridge, PO35 5SG
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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
£1,465
Based on a loan of £300,000 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.

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