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Stunning New Build Plot, Hillway Road, Bembridge.

South East

£475,000
Listed on 04/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
3261 sqft

Description

This substantial building plot presents a unique opportunity for someone looking to invest in the creation of a custom-designed residence. Spanning approximately 303 square meters, the site is approved for a modern four-bedroom, four-bathroom home and comes with the advantage of private driveway access. Set in a lush, tree-lined environment, there’s potential for sea views from the upper levels, adding value to the investment. The proposed design emphasizes contemporary architectural elements alongside spacious living areas that cater to today’s lifestyle. The ground floor is planned to include a welcoming entrance hall that leads into an expansive lounge featuring vaulted ceilings, perfect for gatherings. Adjacent to this will be a dining room and an open kitchen/breakfast area designed for ease of flow between spaces. Additional versatile rooms such as a study and gym provide options for various uses, including work-from-home setups or leisure activities. Upstairs, the layout includes a master suite complete with an en-suite bathroom and dressing area, along with three additional bedrooms—each having close access to bathrooms. A gallery landing offers a visual connection back to the living space below while ensuring light floods through the upper level. The detached garage adds practicality to the property while the surrounding mature trees enhance both privacy and natural beauty within the plot. The thoughtful design integrates modern requirements with ample space for relaxation and entertainment. Situated in Bembridge, one of the Isle of Wight’s most desirable coastal villages, this location benefits from proximity to numerous amenities. Residents can enjoy easy access to sandy beaches and coastal walks ideal for outdoor enthusiasts and water sports lovers alike. The village center is well-equipped with local shops, cafés, and restaurants that contribute to its charming community atmosphere. Furthermore, Bembridge Harbour is nearby, serving as a hub for sailing activities while providing essential marina facilities. With convenient transport links to Ryde and Fishbourne via ferry services, commuting or making trips to the mainland is straightforward. With favorable planning already in place and an appealing locale that balances maritime charm with rural tranquility, this plot offers significant renovation potential for an investor or homeowner seeking to bring their vision of an exquisite family home to life.

Investment Analysis

(PO35 area)

Below Market Value

This property is priced -62.9% below area average per sq ft

-62.9%
Potential saving
This Property
£146/sq ft
Area Average
£392/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £900,000
Target Value
£1,407,040
10% above area average per sq ft
Potential ROI
+2.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO35)

Area prices are falling by +5.2% over the last 12 months
3 year growth: 6.1%
5 year growth: 21.7%
Investment Disclaimer: Analysis based on PO35 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

Stunning New Build Plot, Hillway Road, Bembridge.
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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
£1,740
Based on a loan of £356,250 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE