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Lavender Glade, Ryde, Isle of Wight, PO33

South East

£230,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
816 sqft

Description

This three-bedroom semi-detached home presents a remarkable opportunity for those looking to inject their personal touch through renovation. Sold as seen and available with no onward chain, the property requires modernisation across its two floors, making it an ideal project for families or investors seeking to enhance value. Nestled in a quiet yet sought-after residential neighbourhood, this property features practical off-street parking and an enclosed rear garden, perfect for outdoor enthusiasts looking to cultivate their own green space. With the potential to transform this house into a desirable family home or rental investment, it’s an appealing prospect in the South East market.

Investment Analysis

(PO33 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£282/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£257,566
10% above area average per sq ft
Potential ROI
-6.3%
After renovation
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

Lavender Glade, Ryde, Isle of Wight, PO33
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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
£830
Based on a loan of £172,500 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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