Marymead Close, Ryde, Isle of Wight
South East
£85,000
Listed on 26/08/2026
Listed on 26/08/2026
The listing
Property details
Bedrooms
2Type
ApartmentArea
396 sqftDescription
This second-floor flat has two double bedrooms, a bathroom and an open-plan kitchen and living room. The listing describes the property as requiring modernisation throughout, making it a project for a buyer wishing to update the accommodation to their own requirements. Situated in a residential area of Ryde, it is marketed by Hose Rhodes Dickson.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
66out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £85,000, this two-bedroom flat is priced well below the local average per square foot, making the asking price a clear strength for buyers looking to acquire a project. The open-plan living and kitchen area appears usable, while worn bedroom flooring, damaged wallpaper and dated finishes offer scope for a light refresh and a more contemporary look.
Key opportunities
- The asking price is 23.6% below the local average per square foot, offering an attractive entry point.
- Refresh the worn bedroom flooring and damaged wallpaper to lift the feel of the home.
- The existing open-plan layout and fitted kitchen provide a functional base for selective cosmetic updating.
Key risks
None recorded.
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Transport
Nearest stations
Ryde St Johns Road Rail Station
0.3 miles
Train · Ryde
Ryde Esplanade Rail Station
0.4 miles
Train · Ryde
Ryde Pier Head Rail Station
0.8 miles
Train · Ryde
Smallbrook Junction Rail Station
1.2 miles
Train · Westridge
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
£347
Based on a loan of £63,750 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
-5.6% since listed
£85,000£5,000(-5.6%)
30/09/2026£90,000Initial listing
27/08/2026Services
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