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Westering, Swains Lane, Bembridge, Isle Of Wight, PO35

South East

£700,000

Listed on 01/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1819 sqft

Description

This property, owned by the same family for over 25 years, presents a unique opportunity for renovation and potential expansion in a highly desirable location. The generous ground floor comprises a reception room, dining area, two bedrooms, a study, garden room, kitchen, bathroom, wet room, utility space, and separate WC. The first floor features one bedroom that leads into another along with a shower room. With a gross internal area of approximately 169 sq m (1,819 sq ft) set on a site measuring around 0.145 hectares (0.36 acres), the property boasts beautiful front and rear gardens as well as ample parking options including a garage. Given its proximity to Bembridge village and the seaside, there is significant investment potential here—particularly with the possibility to extend further subject to necessary consents. This home is well-placed for local amenities including shops and eateries and provides good transport links to nearby towns and attractions.

Investment Analysis

(PO35 area)

Below Market Value

This property is priced -1.9% below area average per sq ft

-1.9%
Potential saving
This Property
£385/sq ft
Area Average
£392/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £80,000
Target Value
£784,753
10% above area average per sq ft
Potential ROI
+0.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (PO35)

Area prices are falling by -10.8% over the last 12 months
3 year growth: -7.3%
5 year growth: +0.3%
Investment Disclaimer: Analysis based on PO35 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

Westering, Swains Lane, Bembridge, Isle Of Wight, PO35
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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
£2,645
Based on a loan of £525,000 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

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