South Street, Ventnor, Isle of Wight
South East
£150,000
Listed on 01/09/2026
Listed on 01/09/2026
The listing
Property details
Bedrooms
2Type
End Of TerraceArea
1131 sqftFeatures
- Balcony
- Garden
Description
This semi-detached house presents a significant renovation opportunity, perfect for those looking to invest in a project. While it requires considerable repair, the property boasts stunning sea views that enhance its appeal. Inside, you'll find two separate living rooms, a kitchen, and a ground floor bathroom, along with a lower ground conservatory. The layout includes three bedrooms, two of which are interconnecting, offering potential for a second bathroom. The courtyard garden benefits from the beautiful views, making it an ideal outdoor space. Located in a popular area close to town and bus services, this property is realistically priced for cash buyers seeking a rewarding project.
The elevated position not only maximizes the sunny aspect but also provides a picturesque backdrop for future renovations. With the right vision, this home can be transformed into a charming retreat.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
67out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £150,000, this is a notably cheap acquisition at £133/sq ft against a local average of £303, giving a strong starting point for a value-adding project. The elevated position, sea views and sunny aspect give this three-bedroom cottage a distinctive canvas, with two separate living rooms and a lower-ground conservatory offering scope to rethink how the spaces work. The courtyard, sloped outdoor areas and balcony also offer clear opportunities to improve the outdoor setting and make more of those views.
This is a substantial project rather than a cosmetic refresh: the exterior render is weathered, the outdoor areas are overgrown and the balcony timber needs inspection. The £50,000–£100,000 renovation range signals a significant budget and programme, while the courtyard right-of-way easement is worth factoring into plans. The score is C, reflecting the exceptional price and economics alongside weaker investability for a heavy job.
Key opportunities
- Rework the two separate living rooms and lower-ground conservatory to create a more cohesive arrangement for everyday living.
- Improve the overgrown courtyard and sloped outdoor areas, and make better use of the elevated sea views and sunny aspect.
- Refresh the weathered façade and balcony to enhance the cottage’s exterior character and outdoor appeal.
Key risks
- The weathered exterior, worn balcony timber and overgrown grounds, alongside a £50,000–£100,000 works range, make this a substantial repair and improvement programme rather than a cosmetic refresh.
- The courtyard is subject to a right-of-way easement, which may constrain how the outdoor space can be arranged.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£567
Based on a loan of £112,500 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.
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