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Berry Hill, Lake, Isle of Wight

South East

£250,000
Listed on 17/03/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow

Description

Nestled in a tranquil cul-de-sac, this semi-detached bungalow presents a promising opportunity for renovation and investment. While the property requires modernisation throughout, it boasts generous living space along with convenient transport links and local shops nearby, making it ideal for those seeking a peaceful lifestyle with easy access to amenities. The exterior benefits from both a garage and driveway, enhancing its practicality. With ample potential for value enhancement through updates, buyers are encouraged to explore the possibilities this home has to offer. Key areas include two bedrooms, a lounge, dining area, conservatory, and front & rear gardens that add to the charm of this property.

Investment Analysis

(PO36 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PO36)

Area prices are rising by +3.3% over the last 12 months
3 year growth: -6.2%
5 year growth: +16.5%
Investment Disclaimer: Analysis based on PO36 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

Berry Hill, Lake, 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
£902
Based on a loan of £187,500 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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