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Arundel Road, Ryde, Isle of Wight

South East

£299,950
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1087 sqft

Description

This three double bedroom semi-detached home presents a significant opportunity for refurbishment, situated on the outskirts of Ryde town centre in a desirable residential area. With close proximity to village amenities such as shops and a pub, as well as award-winning beaches, the location holds great appeal for potential buyers looking to modernize. The layout offers generous space with a dual aspect lounge featuring a large bay window that floods the room with natural light, alongside a kitchen/diner that connects to a sizeable conservatory. The first floor includes three well-proportioned bedrooms and a family bathroom. This property is chain-free and stands ready for transformation into an ideal family residence, making it an attractive investment for those willing to engage in some modernization work.

Investment Analysis

(PO33 area)

Below Market Value

This property is priced -2.6% below area average per sq ft

-2.6%
Potential saving
This Property
£276/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
£338,861
10% above area average per sq ft
Potential ROI
-0.3%
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

Arundel Road, 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
£1,099
Based on a loan of £224,962 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