High Street, Ryde, Isle of Wight, PO33 2SU - Image 1

High Street, Ryde, Isle of Wight, PO33 2SU - Image 2

High Street, Ryde, Isle of Wight, PO33 2SU

South East

£75,000

Listed on 18/12/2025

Property Details

Bedrooms

N/A

Type

Detached house

Description

This property in Ryde, Isle of Wight offers a unique investment opportunity by providing the airspace for development rather than an existing structure. The prime location is surrounded by local amenities including cinemas, shops, restaurants, and tourist attractions, making it an ideal spot for potential residential or commercial projects. Just a short walk away, Ryde beach and its iconic landmarks like Ryde Castle and Ryde Pier add to the area's appeal. With planning permission granted in November 2021 (reference 21/00423/FUL), this site is ready for a developer's vision. The package includes a timber frame dry shell for construction at an additional cost, enhancing the value proposition significantly. This is an attractive proposition for those looking to capitalize on a growing market with solid transport links and community amenities nearby.

Investment Analysis

(PO33 area)

Area Average

£283/sq ft

Avg Rent (weekly)

£203

Avg Yield

3.8%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£60,000 - £90,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

Properties sold annually

Local Market Trend (PO33)

Area prices are rising by +2.6% over the last 12 months

3 year growth: -1.7%

5 year growth: 14.6%

Investment Disclaimer: Analysis based on PO33 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

High Street, Ryde, Isle of Wight, PO33 2SU

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments

£275

Based on a loan of £56,250 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.