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Belvedere Street, Ryde, PO33 2JW - Image 1
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Belvedere Street, Ryde, PO33 2JW - Image 5
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Belvedere Street, Ryde, PO33 2JW - Image 8
Belvedere Street, Ryde, PO33 2JW - Image 9
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Belvedere Street, Ryde, PO33 2JW - Image 11

Belvedere Street, Ryde, PO33 2JW

South East

£158,500
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Flat
Area
730 sqft

Description

This thoughtfully designed garden flat presents a unique opportunity for renovation and investment, located conveniently within walking distance to both the town center and the picturesque sandy beaches. The property features an inviting layout that benefits from abundant natural light, offering ample space to personalize according to your vision. The main living area is a generous sitting room with access to the front garden through uPVC French doors. This space is complemented by a gas fireplace and storage options, including a cupboard that houses the electric meter. The kitchen, while functional, provides a solid foundation with its fitted units and essential appliances, including a gas hob and oven. A connection for washing machines is also available. There are two well-sized bedrooms—each with distinctive features—offering plenty of potential for customization. The first bedroom boasts a bay window that enhances its brightness, while the second includes charming wooden details. The bathroom comes equipped with essential amenities and presents an opportunity for modern upgrades. It features both a bath and an electric power shower, along with practical storage solutions. Outside, this flat enjoys private gardens both at the front and rear, creating additional outdoor living space. The rear courtyard includes raised flower beds and a shed, while the potential exists to convert part of this area into off-road parking (subject to local planning consent). This property is being sold chain-free, making it an attractive prospect for those looking to invest in a home with room for improvement in both desirability and value. With high ceilings throughout enhancing the feeling of space, you can explore various design possibilities that suit your personal style. Additional benefits include a long lease term remaining, shared service charges for maintenance between just two properties, and low flood risk in this conservation area—all contributing factors that add to this property's overall appeal as an investment opportunity or personal residence.

Investment Analysis

(PO33 area)

Below Market Value

This property is priced -23.9% below area average per sq ft

-23.9%
Potential saving
This Property
£217/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£217
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£15,850 - £39,625
10-25% of property value
Target Value
£229,257
10% above area average per sq ft
Potential ROI
+15.7%
After renovation
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PO33)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -2.0%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on PO33 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Belvedere Street, Ryde, PO33 2JW
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