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Colwell, Isle of Wight

South East

£525,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This distinctive three-bedroom barn conversion, steeped in history as a former officer’s mess kitchen dating back to the Napoleonic Wars, presents a unique opportunity for renovation and investment. Nestled away from the road in well-maintained gardens, it is conveniently located near Colwell Bay's sandy beach. The property was likely transformed into its current form in the early 20th century and features impressive ceiling heights on the ground floor. A charming reception hall welcomes you with original stained glass elements and quarry-tiled flooring, while the spacious living room boasts a large bay window, an attractive open fireplace, and herringbone woodblock flooring. The functional layout includes a bright dining room with three aspects, a kitchen ready for modernisation, and ample potential to create an open-plan space if desired. Upstairs offers three generous double bedrooms along with a family bathroom and separate WC. The outside space is equally appealing, featuring a variety of gardens suitable for relaxation or entertainment, plus the potential for additional development within the extensive rear garden area (subject to planning permission). Located just moments from local amenities in Freshwater and the picturesque harbour town of Yarmouth, this property could be transformed into a wonderful family home or a lucrative holiday retreat after refurbishment.

Investment Analysis

(PO39 area)
Area Average
£313/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PO39)

Area prices are rising by +23.1% over the last 12 months
3 year growth: 7.4%
5 year growth: 31.1%
Investment Disclaimer: Analysis based on PO39 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

Colwell, 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
£1,923
Based on a loan of £393,750 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