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Leed Street, Sandown, Isle of Wight

South East

£235,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1156 sqft

Description

This three-bedroom residence is conveniently located near the popular Sandown beach, making it an appealing option for those seeking proximity to coastal leisure activities. The property features off-road parking suitable for two vehicles and benefits from a manageable private courtyard garden, ideal for outdoor relaxation or potential landscaping projects. Internally, the home offers a layout ripe for modernization with spacious rooms that provide plenty of storage options. The living room and dining room, both generously sized, present opportunities to create an open-plan living area if desired. The kitchen and wet room also allow for updates to reflect contemporary styling and functionality. Each of the three bedrooms provides ample space, making them suitable for family living or rental opportunities. Furthermore, the outdoor space includes side access, enhancing the functionality of the courtyard garden. This property not only presents a comfortable living environment but also showcases significant renovation potential to increase value in a sought-after location. With all mains services connected and gas central heating already in place, this freehold property is ready to be transformed into a more modern dwelling while still delivering on immediate occupancy. Overall, this home represents an excellent investment opportunity with its combination of location advantages and scope for enhancement.

Investment Analysis

(PO36 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£203/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£208
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£366,729
10% above area average per sq ft
Potential ROI
+33.4%
After renovation
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
8%
Properties sold annually

Local Market Trend (PO36)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -3.6%
5 year growth: 22.3%
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

Leed Street, Sandown, Isle of Wight
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£861
Based on a loan of £176,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE