St. Catherine Street, VENTNOR

South East

£45,000

Listed on 17/01/2026

Property Details

Bedrooms

Type

Detached house

Description

This freehold property, situated on St Catherine Street in Ventnor, presents a significant investment opportunity with full vacant possession. The existing house is accompanied by an adjacent piece of land that has been granted planning permission by the Isle of Wight Council for the demolition of the current dwelling and the construction of two semi-detached houses. This potential for new development allows for a lucrative return on investment in a desirable seaside location. The current accommodation includes a ground floor reception room, kitchen/diner, cloakroom, and WC; upstairs are two bedrooms and a bathroom/WC. With local amenities within easy reach and accessible transport links to Newport Town Centre, this property combines renovation potential with convenience. Ideal for investors looking to capitalize on growing demand in this area.

Investment Analysis

(PO38 area)

Area Average

£310/sq ft

Avg Rent (weekly)

£207

Avg Yield

3.0%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£150,000 - £250,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

13%

Properties sold annually

Local Market Trend (PO38)

Area prices are falling by +7.3% over the last 12 months

3 year growth: -8.1%

5 year growth: 1.3%

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

St. Catherine Street, VENTNOR

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments

£165

Based on a loan of £33,750 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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