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18.33 ACRES, OUTBUILDINGS AND SAND SCHOOL - Newbarn Lane, Gatcombe - Image 1
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18.33 ACRES, OUTBUILDINGS AND SAND SCHOOL - Newbarn Lane, Gatcombe

South East

£575,000
Listed on 04/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This expansive 18.33-acre parcel of land is situated in the tranquil Isle of Wight countryside, providing a unique canvas for those seeking renovation and investment opportunities. Located in the historic village of Gatcombe, known for its picturesque surroundings within an Area of Outstanding Natural Beauty, this property combines charm with significant potential. The site features a modern agricultural barn measuring approximately 122 sq.m, along with a mobile home and remnants of a former livery yard. Accessed via a private gated entrance, the property includes a hardstanding yard that could serve various purposes—be it for equipment storage, parking, or equestrian activities. The barn is well-equipped with amenities that previously supported a working livery operation, including six American-style loose boxes fitted with rubber matting and automatic water systems. A roller shutter door and concrete flooring enhance its practicality, while nearby connections to mains electricity can be verified. To one side of the property lies a level area that once functioned as a sand school, flanked by clearly marked boundaries and gates leading into spacious grazing paddocks. The fields are currently fenced and utilized for sheep grazing but have the potential to accommodate horses or support agricultural ventures such as crops or other land-based businesses. With the right planning consents, this site offers diverse possibilities for development. Potential uses include establishing an equestrian facility or riding school, creating a glamping site or rural tourism venture, pursuing horticultural projects or agri-business endeavors, operating a smallholding, or other future development options (subject to planning approval). Planning permission is already in place for continued livery operations. Gatcombe itself is celebrated for its serene ambiance and natural beauty while conveniently located just minutes from Newport's amenities. The area boasts excellent walking and riding trails through lush hills and woodlands, making it particularly appealing to nature enthusiasts and equestrians alike. Moreover, it is no more than 25 minutes away from ferry terminals, beaches, and schools across the island. This property represents a rare opportunity to secure an extensive piece of versatile land in one of the Isle of Wight’s most desirable locations. With its flexible usage options and remarkable investment potential, it stands ready to be transformed into something truly special.

Investment Analysis

(PO30 area)
Area Average
£274/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PO30)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 1.5%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on PO30 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

18.33 ACRES, OUTBUILDINGS AND SAND SCHOOL - Newbarn Lane, Gatcombe
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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
£2,106
Based on a loan of £431,250 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