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Grasmere Avenue, Ryde, Isle of Wight

South East

£340,000
Listed on 22/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow presents a promising opportunity for renovation in a desirable area. The property features a convenient driveway with garage access, ideal for those needing off-road parking. Inside, the layout includes a spacious entrance hall and separate rooms like a fitted kitchen and wet room along with an additional toilet, offering potential for reconfiguration to enhance the living space. Generous gardens at both the front and rear provide scope for outdoor improvements or extensions. This property is ripe for modernisation and could be transformed into a comfortable home or investment.

Investment Analysis

(PO33 area)
Area Average
£287/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PO33)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -4.3%
5 year growth: +10.4%
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

Grasmere Avenue, Ryde, Isle of Wight
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,226
Based on a loan of £255,000 over 30 years at 4.06% 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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