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Yarmouth, Isle of Wight

South East

£499,950
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1784 sqft

Description

This semi-detached three-bedroom house presents a unique opportunity for those looking to invest in a significant refurbishment project. Set within an expansive plot of approximately 0.65 acres, the property has not changed hands in over forty years, offering a blank canvas for new owners to modernize and personalize it. Nestled down a private drive and surrounded by tranquil views of its own gardens and formal land, the residence features a spacious double-aspect sitting room filled with natural light, alongside a dining room that retains charming period features. The kitchen connects to a practical utility area with an adjoining WC, creating potential for reconfiguration or expansion. On the first floor, three bedrooms are complemented by bathroom facilities and a landing that overlooks the grounds—ideal for redesigning into contemporary living spaces. The extensive garden, previously designed as a croquet lawn, is ripe for rejuvenation and boasts numerous fruit trees and established flower beds that may appeal to gardening enthusiasts. Additional outdoor features include two garages—one modern—and ample parking space. Given this property's spacious layout and rich history, it stands as an exceptional investment prospect in need of substantial upgrades throughout.

Investment Analysis

(PO41 area)

Below Market Value

This property is priced -25.4% below area average per sq ft

-25.4%
Potential saving
This Property
£280/sq ft
Area Average
£376/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£737,077
10% above area average per sq ft
Potential ROI
+24.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PO41)

Area prices are falling by -19.6% over the last 12 months
3 year growth: -19.3%
5 year growth: -18.4%
Investment Disclaimer: Analysis based on PO41 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

Yarmouth, Isle of Wight
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £374,962 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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