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Newport Road, Apse Heath, Isle of Wight

South East

£250,000
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

Located in the desirable area of Lake, this charming detached bungalow presents an excellent opportunity for renovation and personalization. Offering spacious single-level living, the property features original character elements that can be enhanced through modern updates. The generous outdoor space includes mature gardens and off-road parking, adding to its appeal. With two bedrooms, a lounge, a kitchen, and a conservatory, this home is a blank canvas for buyers looking to invest in a property with potential for significant value appreciation through thoughtful refurbishment.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Newport Road, Apse Heath, 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
£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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