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Graeme Road, Norton, Yarmouth, Isle of Wight

South East

£525,000
Listed on 05/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1737 sqft

Description

Nestled in a desirable location on the outskirts of Yarmouth, this four-bedroom bungalow presents a unique opportunity for renovation and investment. Set in an elevated position, the property boasts splendid views over the surrounding countryside, offering both tranquility and convenience with easy access to local amenities and the beach. 'Vikings' is being sold chain free and features versatile living spaces that can be adapted to modern standards. The layout includes a spacious sitting/dining area, a large principal bedroom with an en-suite shower room, three additional bedrooms (one currently utilized as a study), and a family bathroom. Notably, the home has been well maintained by its original owner—a local shipbuilder—and benefits from quality hardwood features and solar panels that contribute to energy efficiency. While the property is sound structurally, it is in need of modernisation which provides the perfect canvas for buyers looking to create their dream home. The external areas include beautifully landscaped gardens that add to the overall appeal and privacy of the property. This bungalow also includes a double garage and an external store that could serve as additional workshop space or storage. With its potential for transformation, this is an investment worth considering for those seeking a functional family home in a prime location.

Investment Analysis

(PO41 area)

Below Market Value

This property is priced -19.5% below area average per sq ft

-19.5%
Potential saving
This Property
£302/sq ft
Area Average
£376/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£717,659
10% above area average per sq ft
Potential ROI
+19.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PO41)

Area prices are falling by -19.6% over the last 12 months
3 year growth: -19.3%
5 year growth: -18.4%
Investment Disclaimer: Analysis based on PO41 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

Graeme Road, Norton, Yarmouth, Isle of Wight
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,893
Based on a loan of £393,750 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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