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Hillside, Main Road, Havenstreet, Ryde, Isle of Wight

South East

£250,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
986 sqft

Description

This charming 2-bedroom semi-detached cottage presents a significant opportunity for renovation and personal customization. Ideally situated in a tranquil rural village, the property invites you to transform it into your dream home or capitalize on its investment potential. The interior layout includes a welcoming hallway that leads to the main living areas. The lounge, measuring approximately 3.68 m x 3.85 m, features a double-glazed square bay window that allows natural light to fill the room. An under-stairs storage area adds practicality, and it connects seamlessly to the adjoining dining room, which measures about 3.84 m x 3.69 m. This space includes built-in storage and offers additional views from another double-glazed window. The kitchen (approximately 3.69 m x 2.92 m) is in need of modern updates, providing a blank canvas for anyone keen on creating a functional culinary space tailored to their preferences. Adjacent to the kitchen is a shower room and an additional bathroom requiring refurbishment, both of which offer further scope for enhancements. Upstairs, you’ll find two well-proportioned bedrooms (each around 3.86 m in width), both with double-glazed windows that ensure ample light and views of the surrounding area. Built-in cupboards provide useful storage solutions, while access to loft spaces enhances the potential for future expansion or conversion. Outside, the property features a rear garden predominantly laid to lawn with a patio area—ideal for outdoor relaxation or entertainment—and includes a garage for added utility. The front and side yards offer ample parking space for several vehicles alongside a small enclosed garden. Given its location in a peaceful village setting and the possibility for substantial modernization throughout, this cottage represents an excellent investment prospect or an opportunity for those looking to create their ideal residence from scratch. With council tax band B and presumed freehold tenure (awaiting confirmation), this property stands ready for its next chapter in thoughtful ownership.

Investment Analysis

(PO33 area)

Below Market Value

This property is priced -10.5% below area average per sq ft

-10.5%
Potential saving
This Property
£254/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£307,376
10% above area average per sq ft
Potential ROI
+6.0%
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

Hillside, Main Road, Havenstreet, Ryde, 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
£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