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George Street, George Street, Ryde, Isle of Wight

South East

£105,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Flat
Area
983 sqft

Description

This three-bedroom flat in the seaside town of Ryde presents a promising opportunity for cash buyers looking to invest or renovate. With no chain involved, the property allows for a quick transaction, set within an area rich with local amenities including shops, schools, and transportation links. Located on the first floor, it features a spacious lounge that invites customization and three well-proportioned double bedrooms. The existing layout includes a fitted kitchen and a bathroom equipped with essential fixtures. Potential buyers can envision transforming this space into a modern home or rental investment while benefiting from front parking access. The property’s location adds further appeal, making it an attractive prospect for those willing to enhance its value through refurbishment.

Investment Analysis

(PO33 area)

Below Market Value

This property is priced -62.3% below area average per sq ft

-62.3%
Potential saving
This Property
£107/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£306,440
10% above area average per sq ft
Potential ROI
+135.7%
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

George Street, George Street, 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
£385
Based on a loan of £78,750 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