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Off Spencer Road, RYDE

South East

£495,000
Listed on 03/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1512 sqft

Description

Nestled in a peaceful cul-de-sac just off Spencer Road in Ryde, this detached residence from the 1970s offers a promising canvas for prospective owners looking to embrace coastal living. While the interior is well-maintained, it retains an older aesthetic, presenting a unique opportunity to modernise and personalise the space according to individual tastes. The home features four spacious bedrooms and two reception areas, making it ideal for families or those who enjoy hosting social gatherings. A standout feature is the triple aspect lounge/diner that fills with natural light and provides views of the sunlit garden, with double doors that easily connect indoor and outdoor spaces—perfect for entertaining during warmer months. Location-wise, residents will appreciate being within walking distance to the beach, town centre, local golf course, and public transport links—adding convenience to its attractive coastal appeal. The property also includes twin garages along with a brick-paved driveway capable of accommodating up to four vehicles, with potential options for conversion or extension (subject to planning permission), thereby increasing value and livability. This detached home not only boasts ample space but also significant potential for enhancement in a vibrant coastal community.

Investment Analysis

(PO33 area)

Above Market Value

This property is priced +14.1% above area average per sq ft

+14.1%
This Property
£327/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£477,255
10% above area average per sq ft
Potential ROI
-14.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PO33)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -4.3%
5 year growth: +10.4%
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

Off Spencer Road, RYDE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,785
Based on a loan of £371,250 over 30 years at 4.06% 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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