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Carpenter Close, Sandown

South East

£300,000
Listed on 21/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached three-bedroom home, nestled in a serene cul-de-sac in the sought-after village of Lake, is ripe for modernization. Close to local amenities including schools, shops, and beautiful beaches, this property offers substantial potential for improvement. Inside, you'll find a kitchen that opens into a dining area and a spacious living room featuring a charming fireplace and large triple-glazed windows. The upper floor comprises two generous double bedrooms, a smaller single bedroom, and a bathroom that all require updating. Externally, the property boasts a sizeable garden with a patio area that presents opportunities for expansion. A driveway leads to the garage equipped with power and lighting, enhancing functionality. With gas central heating and a recently installed boiler already in place, this home serves as an excellent canvas for creating an ideal family residence.

Investment Analysis

(PO36 area)
Area Average
£289/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PO36)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -5.4%
5 year growth: 19.7%
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

Carpenter Close, Sandown
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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
£1,099
Based on a loan of £225,000 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

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