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Monks Lane, Freshwater

South East

£72,500

Listed on 17/03/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow

Description

Located in the serene village of Freshwater, this semi-detached bungalow offers a unique opportunity for those interested in property investment or creating a personal retreat. Featuring two bedrooms and a bathroom, this space is well-suited for couples or small families seeking a peaceful environment. The bungalow boasts a generous reception area that invites relaxation after exploring the picturesque surroundings.

While the property requires some modernisation, it serves as an excellent blank slate for renovation enthusiasts looking to craft their ideal holiday home. The allocated parking space provides ease of access, enhancing its appeal for both personal use and rental potential.

A significant highlight of this property is its occupancy allowance of 42 weeks per year, making it an attractive option for those wishing to step away from daily life while maintaining flexibility in use. Proximity to local shops and amenities ensures convenience for everyday needs.

This bungalow is not only a potential family getaway but also stands out as an investment opportunity in a sought-after location. With communal gardens offering countryside views and a private patio area for outdoor enjoyment, this property embodies the chance to own a piece of tranquility in Freshwater. Take advantage of the renovation prospects here and make this charming abode your own.

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Investment analysis

(PO40 area)
Area Average
£308/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PO40)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -14.2%
5 year growth: +12.2%
Investment Disclaimer: Analysis based on PO40 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

Monks Lane, Freshwater
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Mortgage calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£274
Based on a loan of £54,375 over 30 years at 4.45% 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.

Stamp duty calculator

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