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Yarmouth, Isle of Wight

South East

£499,950
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1784 sqft

Description

This three-bedroom semi-detached house presents a unique opportunity for renovation and investment, set on a substantial 0.65-acre plot. Available for the first time in over forty years, this property invites a new owner to reimagine its potential. Tucked away down a private drive off Halletts Shute, it provides a serene environment while still being conveniently located. The house itself offers ample living space, beginning with a spacious double-aspect sitting room that benefits from large windows allowing abundant natural light. A secondary staircase leads to the upper floor, which houses three bedrooms alongside a shower room and bathroom, providing a functional layout ready for modernization. The ground floor also features a dining room adjacent to the kitchen, both of which are complemented by period details that could be lovingly restored. The extensive grounds boast impressive landscaping possibilities, including the remnants of a former croquet lawn that could easily be revitalized into an inviting front garden. Majestic trees surround the property, contributing to its rural charm and enhancing the views across the land. The existing outdoor space includes various plants favoring gardening enthusiasts; features like a large greenhouse equipped with rainwater collectors and multiple fruit-bearing trees make this garden both practical and picturesque. In addition to traditional garden areas, there’s an emerging "wild garden" section fostering biodiversity—ideal for those interested in sustainable gardening practices. There are also several dedicated spaces for growing herbs, fruits like raspberries and strawberries, and seasonal blooms that create visual interest throughout the year. Beyond its aesthetic appeal, this property is noteworthy for its investment potential. With two garages (one newly constructed) and shared access with an adjacent neighbor, there are ample opportunities to improve or expand upon current structures while benefiting from existing amenities such as mains gas, water, and electricity connections. In close proximity to local amenities yet providing tranquility through its private setting, this home allows you to unlock its hidden potential—whether you envision creating your dream residence or looking for an investment opportunity in a sought-after location.

Investment Analysis

(PO41 area)

Below Market Value

This property is priced -24.6% below area average per sq ft

-24.6%
Potential saving
This Property
£280/sq ft
Area Average
£372/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£729,424
10% above area average per sq ft
Potential ROI
+21.6%
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
4%
Properties sold annually

Local Market Trend (PO41)

Area prices are falling by +5.7% over the last 12 months
3 year growth: -6.7%
5 year growth: -8.5%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,831
Based on a loan of £374,962 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