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East Street, Ryde, Isle of Wight

South East

£130,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
818 sqft

Description

Situated in a desirable coastal area, this charming stone-built property presents a compelling opportunity for investors and first-time buyers seeking to customize their living space. Just a short walk from the beach and the town's bustling amenities, the location combines convenience with seaside appeal. Inside, the property features a spacious open-plan living and dining area that connects to a compact kitchen, creating an inviting atmosphere for casual gatherings. The upper floor offers two generously sized bedrooms along with a bathroom fitted with a three-piece suite. The outdoor rear courtyard adds potential for private relaxation or gardening efforts, perfect for those looking to enhance their outdoor experience. While the home retains period character through its stone façade and original details, there is ample scope for cosmetic upgrades to modernize the interiors and maximize value. Residents will enjoy easy access to local shops, cafes, and excellent public transport links, making it ideal for families and professionals alike. With nearby parks offering green spaces and scenic coastal walks at your doorstep, this property stands out as a prime candidate for renovation. Importantly, a recent damp proof course has been completed downstairs, ensuring peace of mind regarding moisture issues moving forward, backed by a 10-year guarantee. This property invites you to explore its renovation potential — an excellent chance to create a personalized space in an enviable location.

Investment Analysis

(PO33 area)

Below Market Value

This property is priced -43.9% below area average per sq ft

-43.9%
Potential saving
This Property
£159/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£255,003
10% above area average per sq ft
Potential ROI
+54.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
7%
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

East Street, Ryde, 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
£476
Based on a loan of £97,500 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