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Hillrise Avenue, Isle of Wight, PO33

South East

£220,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
829 sqft

Description

This three-bedroom family home presents a valuable opportunity for renovation enthusiasts or investors seeking to add personal touches. The spacious rear garden is a standout feature, easily accommodating recreational installations such as football goals or a trampoline, along with the potential for an outdoor room or chalet. Additionally, the property includes a convenient outside WC, enhancing functionality during gardening activities. Internally, the home boasts a classic layout, comprising a lounge that flows into a dining area with French doors leading to the expansive garden. The kitchen is positioned conveniently adjacent, while upstairs offers two double bedrooms, a single bedroom, and a bathroom/WC. With the advantage of off-street parking and a garage situated in a quiet cul-de-sac, this property is ideal for those looking to invest time and effort into transforming it into their dream residence. Located within easy reach of local schools and the vibrant amenities of Ryde town centre, as well as excellent commuting options via ferry services to Portsmouth and Southsea, this home combines potential with practicality.

Investment Analysis

(PO33 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£265/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£197
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£259,481
10% above area average per sq ft
Potential ROI
+3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PO33)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -3.9%
5 year growth: +8.8%
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

Hillrise Avenue, 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
£793
Based on a loan of £165,000 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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