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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 great renovation opportunity for those looking to create a bespoke holiday home. Comprising two bedrooms and a bathroom, the layout is functional for families or couples seeking a relaxing escape. The spacious reception room provides ample space for customization, while the property's need for modernisation allows for personal touches that could significantly enhance its value. With an occupancy allowance of up to 42 weeks a year, this property is not just perfect for personal use but also represents a potential investment venture. Conveniently situated near local amenities and attractions, you can enjoy easy access to shops and recreational facilities, making it ideal for both residents and visitors alike. The generous communal gardens add to the charm, alongside a private patio area perfect for outdoor seating. This bungalow on Monks Lane stands as an enticing prospect for anyone looking to engage in thoughtful refurbishments and make their mark in one of South East's most appealing locales.

Investment Analysis

(PO40 area)
Area Average
£312/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (PO40)

Area prices are rising by +6.0% over the last 12 months
3 year growth: -9.3%
5 year growth: +20.1%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£261
Based on a loan of £54,375 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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