Worst House on the Street Logo
Main Road, Chillerton - Image 1
Main Road, Chillerton - Image 2
Main Road, Chillerton - Image 3
Main Road, Chillerton - Image 4
Main Road, Chillerton - Image 5
Main Road, Chillerton - Image 6
Main Road, Chillerton - Image 7
Main Road, Chillerton - Image 8
Main Road, Chillerton - Image 9
Main Road, Chillerton - Image 10
Main Road, Chillerton - Image 11

Main Road, Chillerton

South East

£400,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1254 sqft

Description

This three-bedroom bungalow is a prime opportunity for those looking to invest in a property that already offers a blend of modern and traditional charm while also presenting significant renovation potential. The current owners have made considerable upgrades over the past seven years; however, there remains ample scope for further improvement or expansion, particularly with the approved planning permission for converting the attic into two additional bedrooms. The accommodation is thoughtfully laid out, featuring an entrance hall that flows into a spacious open-plan living area, complete with a modern kitchen and dining space. The property includes two well-sized double bedrooms and a third bedroom, offering flexibility to adapt it as needed. Additionally, there are utility and shower rooms that enhance functionality. The rear garden has been beautifully landscaped and benefits from natural sunlight throughout the day, making it an inviting outdoor space for gatherings or relaxation. Off-road parking is available via the driveway at the front, which could serve as an enhancement if additional extensions are required. Located within an Area of Outstanding Natural Beauty, this bungalow not only boasts picturesque surroundings but also easy access to local amenities in nearby villages, including recreational options such as footpaths and bridleways. With proximity to Newport's shopping facilities and the stunning West Wight coastline just a short drive away, this location combines convenience with tranquility. Overall, this property stands out as an excellent investment for those willing to explore its full potential through additional renovations or expansions.

Investment Analysis

(PO30 area)

Above Market Value

This property is priced +15.0% above area average per sq ft

+15.0%
This Property
£319/sq ft
Area Average
£277/sq ft
Avg Rent (weekly)
£243
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£382,646
10% above area average per sq ft
Potential ROI
-20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PO30)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -0.2%
5 year growth: +8.5%
Investment Disclaimer: Analysis based on PO30 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

Main Road, Chillerton
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates