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Greenlydd Close, Niton, Ventnor

South East

£255,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Bungalow

Description

Situated in the desirable area of Greenlydd Close in Niton, this detached two-bedroom bungalow provides a substantial internal layout and an ideal opportunity for renovation. The property features an entrance hall leading to two spacious double bedrooms, a large living/dining room, and a separate kitchen that is currently in need of modernization. Additionally, there is a convenient shower room and a bright conservatory at the rear, which could serve as an inviting extra reception space with lovely garden views. The outdoor area boasts a sizable garden primarily laid to lawn, offering potential for landscaping or outdoor living enhancements. A converted garage adds further utility with its arrangement into two workshop/storage rooms, perfect for hobbies or as a home office. Ample driveway parking rounds out this property's appeal. Niton is known for its strong community spirit, picturesque walking routes, and accessibility to beautiful coastal areas. Local amenities including shops, medical services, and schools are conveniently located nearby, presenting a fantastic investment opportunity in a sought-after village.

Investment Analysis

(PO38 area)
Area Average
£307/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
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PO38)

Area prices are falling by -13.3% over the last 12 months
3 year growth: -12.2%
5 year growth: -9.9%
Investment Disclaimer: Analysis based on PO38 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

Greenlydd Close, Niton, Ventnor
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£910
Based on a loan of £191,250 over 30 years at 3.97% 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

Price History

-10.5% since listed
£255,000£20,000(-7.3%)
18/02/2026
Current price
£275,000£10,000(-3.5%)
05/10/2025
£285,000Initial listing
03/10/2025

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