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Madeira Road, Ventnor

South East

£159,950
Listed on 16/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This charming end-of-terrace cottage presents a unique opportunity for buyers seeking a project with significant renovation potential. Nestled on the outskirts of the town centre, it is conveniently situated close to the esplanade and beach, providing an ideal blend of accessibility and coastal lifestyle. Inside, the property features two bedrooms, including a spacious primary bedroom with delightful sea views. The layout consists of a lounge that flows into a dining room, offering options for open-plan living or separate spaces tailored to your preferences. The kitchen is equipped with a Glow Worm gas-fired boiler and has ample potential for modernization, allowing you to create your dream culinary space. The home retains its traditional charm but requires updating to meet contemporary standards. This potential for renovation is reflected in its pricing, making it an appealing option for investors or those looking to add personal touches. The utility area located at the rear adds practicality to the layout. Outdoor space includes a modest front garden that benefits from glimpses of the sea and a side path leading to a rear yard area. Additionally, the property comes with a single garage, which is an excellent asset for storage or as an additional workspace. With all mains services available and freehold ownership (possessory title), this property stands out not only for its location but also for its investment potential. Whether you are considering it as a personal residence or as an opportunity to develop and enhance value over time, this cottage offers many possibilities in a desirable coastal setting.

Investment Analysis

(PO38 area)
Area Average
£310/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PO38)

Area prices are falling by +6.7% over the last 12 months
3 year growth: -8.3%
5 year growth: 6.0%
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

Madeira Road, Ventnor
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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
£586
Based on a loan of £119,962 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