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George Street, Ryde, Isle of Wight, PO33

South East

£80,000

Listed on 27/06/2026

Property details

Bedrooms
1
Type
Flat
Area
582 sqft

Description

Nestled in the bustling Town Centre, this one-bedroom apartment offers a promising canvas for those keen on renovation and investment. While the property requires some updating and fresh decor throughout, it boasts significant potential to become a desirable rental unit or a convenient low-maintenance residence. The layout features a separate double bedroom, a bright living space, and an independent kitchenette, all of which present opportunities for enhancement and modern touches. Ideally located within close proximity to local shops, restaurants, public transport links, and essential amenities, this apartment is positioned perfectly for anyone seeking an urban lifestyle. With no onward chain, this property represents a valuable proposition for both investors and cash buyers looking to capitalize on its inherent potential.

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Investment analysis

(PO33 area)

Below Market Value

This property is priced -51.2% below area average per sq ft

-51.2%
Potential saving
This Property
£137/sq ft
Area Average
£282/sq ft
Avg Rent (weekly)
£196
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£180,504
10% above area average per sq ft
Potential ROI
+71.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PO33)

Area prices are rising by +2.5% over the last 12 months
3 year growth: -1.2%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on PO33 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

George Street, Ryde, Isle of Wight, PO33
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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
£302
Based on a loan of £60,000 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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