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Niton, Ventnor, Isle of Wight

South East

£189,950
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
915 sqft

Description

Nestled in the quaint village of Niton on the Isle of Wight, this two-bedroom stone cottage presents a compelling investment opportunity. Dating back to before the 1800s, this property is rich in historical charm and features a distinctive Ingle Nook fireplace that enhances the living room’s character. The layout includes spacious and adaptable rooms that are ideal for modern living, offering potential for customization to suit personal preferences or rental needs. The manageable rear garden allows for easy outdoor enjoyment without extensive maintenance, making it suitable for both personal use and as a potential rental asset. Conveniently located just a short walk from local amenities, including shops, eateries, and recreational facilities, this cottage is well-positioned for those who seek both tranquillity and accessibility. With nearby scenic walking routes leading to St Catherine’s Lighthouse and beautiful countryside vistas, this property not only provides a comfortable home but also serves as a gateway to the island's natural beauty. Its unique combination of historical allure and modern applications makes this cottage an excellent candidate for renovation-related investments.

Investment Analysis

(PO38 area)

Below Market Value

This property is priced -33.1% below area average per sq ft

-33.1%
Potential saving
This Property
£208/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£312,317
10% above area average per sq ft
Potential ROI
+32.9%
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

Niton, Ventnor, Isle of Wight
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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
£696
Based on a loan of £142,462 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