Worst House on the Street Logo
Fitzroy Street, Sandown, Isle of Wight, PO36 - Image 1
Fitzroy Street, Sandown, Isle of Wight, PO36 - Image 2
Fitzroy Street, Sandown, Isle of Wight, PO36 - Image 3
Fitzroy Street, Sandown, Isle of Wight, PO36 - Image 4
Fitzroy Street, Sandown, Isle of Wight, PO36 - Image 5
Fitzroy Street, Sandown, Isle of Wight, PO36 - Image 6
Fitzroy Street, Sandown, Isle of Wight, PO36 - Image 7
Fitzroy Street, Sandown, Isle of Wight, PO36 - Image 8
Fitzroy Street, Sandown, Isle of Wight, PO36 - Image 9
Fitzroy Street, Sandown, Isle of Wight, PO36 - Image 10
Fitzroy Street, Sandown, Isle of Wight, PO36 - Image 11

Fitzroy Street, Sandown, Isle of Wight, PO36

South East

£60,000
Listed on 04/10/2025

Property Details

Bedrooms
1
Type
Flat
Area
373 sqft

Description

This unique one-bedroom, split-level ground floor flat is situated at the rear of a charming converted building, offering a tranquil atmosphere away from the hustle and bustle. The property boasts its own private courtyard, providing an outdoor space that can be enhanced with some thoughtful landscaping. Street parking is available, along with permit parking nearby for added convenience. The interior presents a blank canvas, in need of modernization throughout, making it an appealing opportunity for those looking to invest or renovate. On the ground floor, you’ll find a lounge area and separate kitchen, as well as a bathroom. Ascend to the upper floor to discover the double bedroom featuring a built-in cupboard. The property also benefits from double glazing and gas central heating, which adds to its overall comfort. Ideal for a single occupant or as a potential holiday retreat after refurbishment, this flat holds significant promise for rental investors seeking to expand their portfolio. With strategic updates, it could yield an attractive return—potentially exceeding 10% per annum. Located conveniently close to Sandown's amenities, residents will have easy access to essential services as well as the inviting golden sandy beach. Public transportation options are also within reach, including main bus routes and the train station, enhancing both accessibility and desirability for future tenants or occupants. For those interested in long-term investment opportunities or a personal project in a desirable location, this property offers substantial potential awaiting your vision.

Investment Analysis

(PO36 area)

Below Market Value

This property is priced -44.2% below area average per sq ft

-44.2%
Potential saving
This Property
£161/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£208
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£118,331
10% above area average per sq ft
Potential ROI
+39.2%
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

Fitzroy Street, Sandown, Isle of Wight, PO36
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£220
Based on a loan of £45,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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