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Whites Mead, Sandown, Isle of Wight

South East

£275,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
798 sqft

Description

This detached bungalow, set in a tranquil residential area, presents a promising opportunity for renovation or investment. With its location just a short walk from essential local shops and convenient transport links, including bus and train services, it provides both comfort and accessibility. The layout includes two spacious double bedrooms, complemented by a generous living room that offers ample space for relaxation. The kitchen and shower room are functional but would benefit from updating to meet modern standards. This property allows prospective buyers the chance to reimagine the interior to their personal preferences, enhancing its overall value. Externally, the home features a wrap-around garden, which offers potential for landscaping or outdoor projects. The inclusion of driveway parking and a garage adds to the property’s practicality, making it attractive for those looking to invest in maintenance-free parking solutions. While the need for modernization is evident throughout the property, this also means there is considerable scope to increase its value through careful renovations. Being offered chain-free adds an element of ease for potential buyers looking to move quickly. Overall, this bungalow stands as an appealing prospect for those wishing to create their ideal home or seek out a solid investment in a desirable location.

Investment Analysis

(PO36 area)

Above Market Value

This property is priced +19.5% above area average per sq ft

+19.5%
This Property
£345/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£208
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£253,158
10% above area average per sq ft
Potential ROI
-18.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PO36)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -3.6%
5 year growth: 22.3%
Investment Disclaimer: Analysis based on PO36 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

Whites Mead, Sandown, 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
£1,007
Based on a loan of £206,250 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