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Norton Green, Freshwater, Isle of Wight

South East

£265,000

Listed on 05/08/2026

The listing

Property details

Bedrooms
2
Type
Semi Detached
Area
971 sqft

Features

  • Garden
  • Parking

Description

This charming semi-detached cottage, nestled in a serene conservation area between Freshwater and Yarmouth, presents an excellent opportunity for renovation enthusiasts. Character features abound, with wooden beams and stone walls adding to its appeal. The property is entered via a tranquil private lane and offers a layout that includes a porch, entrance hall with WC, living/dining room, kitchen, conservatory, and bathroom on the ground floor. Upstairs are two spacious double bedrooms. Externally, the cottage enjoys ample driveway parking and a delightful front garden that is well-kept with fruit trees. A large outbuilding also exists but requires repair, opening the door for potential improvements or alternative uses. While currently heated by mains gas and connected to utilities like electricity and drainage, modernisation would enhance its functionality significantly. Located close to the scenic Yarmouth harbour and Freshwater village amenities, including schools, shops and leisure facilities, this property offers not just a home but also an enticing project for those looking to invest in a more modern living space amidst beautiful surroundings.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

57out of 100
Grade DWeak opportunity

Confidence: MEDIUM

At £265,000, this character cottage is priced below the local average per square foot, giving project buyers a cheaper entry point. Stone walls, exposed beams, a peaceful countryside setting and a large garden with fruit trees give it plenty of character to build on. The interiors are dated, so there is scope for a medium-scale update, alongside garden clearance and attention to the outbuilding, which the listing says needs repair.

The overall score is still weak because purchase and works costs look tight against local benchmarks, despite the attractive entry price. It may suit a buyer who values the setting and character enough to take on the improvements, but the economics leave limited headroom.

Key opportunities

  • Refresh the dated interiors, including the kitchen, flooring and finishes, while retaining the exposed beams and stonework as defining features.
  • Clear and maintain the large garden to make better use of its fruit trees and gravel paths.
  • Explore repairs to the large outbuilding as part of a wider improvement plan.

Key risks

  • The outbuilding is stated to need repair, but the extent of work is unquantified.
  • Purchase and works costs look tight against local benchmarks, leaving limited economic headroom.

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Map

Location

Norton Green, Freshwater, Isle of Wight
Loading map...

Transport

Nearest stations

  • Lymington Pier Rail Station

    4.5 miles

    Train · Lymington

  • Lymington Town Rail Station

    4.7 miles

    Train · Lymington

  • New Milton Rail Station

    7.4 miles

    Train · New Milton

  • Sway Rail Station

    7.4 miles

    Train · Sway

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
£1,083
Based on a loan of £198,750 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

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Pricing

Price history

-8.6% since listed
£265,000£15,000(-5.4%)
23/10/2026
Current price
£280,000£10,000(-3.4%)
03/09/2026
£290,000Initial listing
06/08/2026

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