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Longmead Road, Ryde

South East

£155,000
Listed on 31/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
936 sqft

Description

This semi-detached house, constructed in 1960, is located on Longmead Road in the picturesque town of Ryde. It features three bedrooms and a bathroom on the upper level, while the ground floor comprises a welcoming porch, kitchen, lounge, and an integral garage. The property is currently tenanted, making it an appealing option for investors looking to secure immediate rental income. The home’s location offers considerable benefits, situated within easy access to local amenities including shops, schools, and beautiful beaches. The vibrant town centre is just a short distance away, adding to the property's attractiveness for families seeking rental opportunities. Over the years, it has consistently drawn quality tenants, showcasing its desirability within the rental market. This property presents significant potential for those interested in renovation or modernization projects. With thoughtful updates and improvements, there is ample opportunity to enhance its value and appeal further. Whether you're looking to upgrade for future resale or maintain as a long-term rental investment, this house offers a solid foundation to build upon. In summary, this semi-detached home on Longmead Road is more than just a property; it is an investment opportunity ripe with promise for those willing to explore its full potential.

Investment Analysis

(PO33 area)

Below Market Value

This property is priced -41.6% below area average per sq ft

-41.6%
Potential saving
This Property
£166/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£291,789
10% above area average per sq ft
Potential ROI
+49.6%
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

Longmead Road, Ryde
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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
£568
Based on a loan of £116,250 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