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Ryde, Isle of Wight

South East

£449,950
Listed on 03/02/2026

Property Details

Bedrooms
3
Type
Detached house

Description

Situated in a sought-after area of Pondwell, this three-bedroom chalet bungalow presents significant renovation and investment potential. While the property boasts a modern kitchen-dining area, the rest of the home offers room for updates that could greatly enhance its appeal and value. The generous plot includes a spacious rear garden ideal for outdoor activities and entertaining. An outbuilding currently partially converted into an annex presents an exciting opportunity for further development, potentially increasing rental income or additional living space. The presence of a summer house with pergola also adds recreational options. Inside, the cozy lounge and bathroom are areas that would benefit from updating to meet contemporary standards. The upstairs features three well-proportioned bedrooms with pleasant views and a separate WC, both of which offer opportunities for enhancement. With off-road parking, a garage, and excellent local amenities including Ryde’s transport links, this property is not only a comfortable home but also a promising investment in a prime location known for its coastal charm.

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

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
£1,623
Based on a loan of £337,462 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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