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5 Catherines Court, South Street, Ventnor, Isle Of Wight, PO38 1NZ - Image 1
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5 Catherines Court, South Street, Ventnor, Isle Of Wight, PO38 1NZ - Image 4
5 Catherines Court, South Street, Ventnor, Isle Of Wight, PO38 1NZ - Image 5
5 Catherines Court, South Street, Ventnor, Isle Of Wight, PO38 1NZ - Image 6
5 Catherines Court, South Street, Ventnor, Isle Of Wight, PO38 1NZ - Image 7
5 Catherines Court, South Street, Ventnor, Isle Of Wight, PO38 1NZ - Image 8
5 Catherines Court, South Street, Ventnor, Isle Of Wight, PO38 1NZ - Image 9
5 Catherines Court, South Street, Ventnor, Isle Of Wight, PO38 1NZ - Image 10
5 Catherines Court, South Street, Ventnor, Isle Of Wight, PO38 1NZ - Image 11

5 Catherines Court, South Street, Ventnor, Isle Of Wight, PO38 1NZ

South East

£95,000
Listed on 06/11/2025

Property Details

Bedrooms
2
Type
Flat
Area
507 sqft

Description

This two-bedroom flat on the second floor presents a compelling opportunity for renovation and investment. With panoramic sea views over Vernot Bay, the property is ideally located to take advantage of its scenic surroundings. The layout features an entrance hall that flows into an open-plan reception room, seamlessly connecting to the kitchen area. The two bedrooms are well-proportioned, providing ample space for personalization and updates. The bathroom/WC offers additional potential for modernization. While the flat requires updating, this presents a unique chance for buyers to tailor the space to their preferences or enhance its rental appeal in a sought-after coastal location. The presence of a balcony adds to its charm, allowing residents to enjoy the coastal breeze and views. Investors will find value in this property’s potential to increase marketability through strategic renovations. Its proximity to local amenities and attractive surroundings makes it an appealing option for long-term gains. Further details regarding viewing times and legal documentation can be provided upon inquiry.

Investment Analysis

(PO38 area)

Below Market Value

This property is priced -39.6% below area average per sq ft

-39.6%
Potential saving
This Property
£187/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£173,054
10% above area average per sq ft
Potential ROI
+38.4%
After renovation
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

5 Catherines Court, South Street, Ventnor, Isle Of Wight, PO38 1NZ
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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
£348
Based on a loan of £71,250 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