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Steephill Road, Ventnor, Isle of Wight, PO38 1UF - Image 1
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Steephill Road, Ventnor, Isle of Wight, PO38 1UF

South East

£375,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached bungalow presents a unique opportunity for buyers looking to create their ideal living space through renovation. Nestled behind a hedge and gates, the property features a front garden and a paved driveway that accommodates multiple vehicles, leading to a spacious double garage. The rear garden benefits from a southerly aspect, offering both lawn and patio areas, perfect for outdoor entertaining and relaxation. Internally, the bungalow is well-proportioned but in need of comprehensive updating throughout. It boasts a charming porch that opens into an expansive entrance hall, providing access to the generously sized sitting room with dual aspect windows. The kitchen and dining area offers ample space for culinary creativity but requires modernisation. With three bedrooms including two doubles and one single, as well as a shower room ready for enhancement, there is considerable potential to reconfigure the layout and improve functionality. Additionally, situated on the outskirts of Ventnor near parks and botanical gardens, this property not only promises peace but also convenience with easy access to local amenities and beaches. This chain-free home offers significant renovation potential in a desirable location.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Steephill Road, Ventnor, Isle of Wight, PO38 1UF
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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
£1,374
Based on a loan of £281,250 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