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53 Gills Cliff Road, Ventnor - Image 1
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53 Gills Cliff Road, Ventnor

South East

£130,000

Listed on 29/05/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This is a unique opportunity to acquire a sizable vacant building plot in the coastal town of Ventnor, complete with planning permissions for either a single detached dwelling or two separate homes. The site spans approximately 0.17 acres and features existing connections to mains water, electric, and drainage, having previously supported a residence that was demolished in 2015. One approved design allows for an innovative upside-down house concept to maximize stunning sea views, comprising a four-bedroom layout with expansive outdoor living spaces including a rooftop terrace. Alternatively, the second consent permits two adjacent detached homes, each offering three bedrooms and open-plan upper living areas designed to enhance the scenic backdrop. With all necessary conditions met and no Section 106 contributions required for the single dwelling option, this plot presents significant renovation potential for developers seeking a project on the beautiful South Coast. Additionally, buyers should verify regional planning regulations and infrastructure as part of their due diligence.

Investment Analysis

(PO38 area)
Area Average
£306/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PO38)

Area prices are falling by -14.6% over the last 12 months
3 year growth: -14.7%
5 year growth: -13.0%
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

53 Gills Cliff Road, Ventnor
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£491
Based on a loan of £97,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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