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Ryde

South East

£155,000
Listed on 26/03/2026

Property Details

Bedrooms
1
Type
Ground Flat

Description

Situated in the vibrant town of Ryde, this expansive ground floor Victorian flat offers an intriguing opportunity for renovation enthusiasts or investors. The property features two reception rooms and a generously sized bedroom, with its high ceilings and spacious layout providing a light-filled and inviting environment. The south-facing garden enhances the charm, allowing for pleasant outdoor experiences throughout the day. While the flat is currently well-maintained, it holds significant potential for modernisation to suit contemporary tastes and lifestyles, making it a canvas for personalisation. Located just a short walk from the town centre and accessible public transport links, this property is ideal for those seeking convenience alongside character. With a private entrance leading to the flat, you also gain exclusive ownership of the rear garden—an excellent space for relaxation or entertaining guests. Another appealing aspect is the adjoining ancillary building that is presently rented out, generating income while offering versatility as a workshop or hobby space. The property includes hardstanding parking suitable for two vehicles, blending functionality with Victorian architectural charm. This flat in Ryde not only offers comfortable living but also presents an exciting investment prospect.

Investment Analysis

(PO33 area)
Area Average
£285/sq ft
Avg Rent (weekly)
£197
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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

Ryde
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£559
Based on a loan of £116,250 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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