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Thornton Close, Ryde, Isle of Wight, PO33

South East

£475,000
Listed on 01/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1637 sqft

Description

This generously sized chalet bungalow in the desirable Appley area of Ryde presents a valuable opportunity for renovation and investment. Boasting remarkable views of The Solent, the property features a spacious driveway and garage at the front alongside a substantial south-facing garden complete with a greenhouse and storage shed at the rear. Internally, the layout consists of a large living room seamlessly connecting to a dining area and kitchen, along with an additional conservatory that enhances the living space. With four bedrooms—two on the ground floor and two upstairs, including one with an en-suite bathroom—this home offers potential for reconfiguration to maximize space and views. While it benefits from double glazing, gas central heating, and energy-efficient solar panels, some areas require updating to meet modern standards. Positioned conveniently close to seafront attractions, local amenities, and public transport links, this property is ideal for those looking to invest in a project that enhances both comfort and value.

Investment Analysis

(PO33 area)

Above Market Value

This property is priced +2.4% above area average per sq ft

+2.4%
This Property
£290/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£203
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£510,318
10% above area average per sq ft
Potential ROI
-4.6%
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

Thornton Close, Ryde, Isle of Wight, PO33
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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
£1,740
Based on a loan of £356,250 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