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Madeira Road, Ventnor

South East

£1,200,000

Listed on 23/05/2026

Property Details

Bedrooms
18
Type
Detached
Area
8611 sqft

Description

Originally designed as a distinguished Gentleman's residence and formerly operating as a hotel, this property has received planning permission to revert back to a single dwelling. Spanning an expansive 3 acres with private access to the cliff top, it presents significant development opportunities for the discerning investor or renovator. With 18 bedrooms, a tennis court, a swimming pool, and even a helipad, the scale and potential of this estate are considerable. Built in 1872, it boasts breathtaking cliff-top views in a location renowned for its pleasant microclimate. Located in the picturesque area of Ventnor on the Isle of Wight, which has attracted numerous historical figures for its charm and natural beauty, this property is well-positioned for both personal enjoyment and potential financial gain. The substantial garage space and ample parking further enhance its appeal as a renovation project. Overall, this property offers an exciting opportunity to create a magnificent family home or luxury retreat.

Investment Analysis

(PO38 area)

Below Market Value

This property is priced -54.6% below area average per sq ft

-54.6%
Potential saving
This Property
£139/sq ft
Area Average
£307/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£750,000 - £1,200,000
Target Value
£2,909,356
10% above area average per sq ft
Potential ROI
+21.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PO38)

Area prices are falling by -13.3% over the last 12 months
3 year growth: -12.2%
5 year growth: -9.9%
Investment Disclaimer: Analysis based on PO38 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

Madeira Road, Ventnor
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,281
Based on a loan of £900,000 over 30 years at 3.97% 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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