Lea Road, Sandown, PO36
South East
£200,000
Listed on 03/11/2026
Listed on 03/11/2026
The listing
Property details
Bedrooms
2Type
HouseArea
672 sqftFeatures
- Garden
Description
Held by the same family for around seventy years, this two-bedroom post-war home is set in a quiet cul-de-sac and offers scope for cosmetic updating. The accommodation includes a lounge measuring approximately 20'2" by 11'1" and a separate kitchen of around 11'9" by 6'7". Upstairs are two bedrooms, with the principal room measuring approximately 14'4" by 9'8". The property has an EPC rating of C.
Outside, a generous garden provides space for planting and outdoor use, and a brick-built shed or workshop offers additional storage. The house is described as needing light modernisation, giving a purchaser the option to refresh the interiors to their own requirements.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
45out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a light, liveable project with a spacious lounge, a generous maintained garden and a usable kitchen, so the appeal is in refreshing the older finishes to your taste rather than taking on a major renovation. The asking price of £200,000 works out at £298/sq ft, above the local average of £275, and the purchase-plus-works economics look tight against local benchmarks. There is still a clear cosmetic project here, but the numbers call for a disciplined purchase price.
Key opportunities
- Refresh the older carpets, wallpaper and window dressings to give the spacious lounge and bedrooms a more contemporary feel.
- Update the bathroom’s dated finishes while retaining the visible, intact suite.
- Make the most of the broad, established garden and the brick-built shed/workshop.
Key risks
None recorded.
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Transport
Nearest stations
Lake (Isle of Wight) Rail Station
0.4 miles
Train · Lake
Sandown Rail Station
0.6 miles
Train · Sandown
Shanklin Rail Station
1.2 miles
Train · Shanklin
Brading Rail Station
2.4 miles
Train · Brading
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£817
Based on a loan of £150,000 over 30 years at 5.13% 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.
Tax
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