Institute Hill, Niton
South East
£175,000
Listed on 05/09/2026
Listed on 05/09/2026
The listing
Property details
Bedrooms
3Type
BungalowArea
947 sqftDescription
This three-bedroom detached bungalow is situated near the centre of Niton, within reach of the village GP surgery, pharmacy and general store. The property is offered chain free and is described as requiring remedial attention to plumbing or electrics, alongside updating of the kitchen and bathroom fittings. It presents scope for general alterations to suit a buyer's requirements.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
76out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £175,000, this detached bungalow is priced at about £185 per sq ft, well below the local average of £303 per sq ft—a strong entry point for a buyer looking to create value. It is a genuine medium-scale project: the dated finishes, worn flooring and overgrown garden offer clear scope to reshape and refresh the home, with the listing also mentioning possible general alterations and updates to plumbing or electrics.
Key opportunities
- Update the dated kitchen and bathroom finishes to suit a new owner.
- Refresh worn flooring and dated interior details across the rooms shown.
- Clear and improve the overgrown garden, making better use of the outdoor space.
Key risks
- The listing mentions remedial plumbing or electrical work; the extent should be established before proceeding.
- Steps, the boundary wall and other external areas need closer inspection.
Unlock the full analysis
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Interested in similar properties?
Create an alert and we'll notify you when similar renovation opportunities are listed.
Transport
Nearest stations
Shanklin Rail Station
5.7 miles
Train · Shanklin
Lake (Isle of Wight) Rail Station
6.7 miles
Train · Lake
Sandown Rail Station
7.3 miles
Train · Sandown
Brading Rail Station
9.0 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 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£661
Based on a loan of £131,250 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-18.6% since listed
£175,000£40,000(-18.6%)
10/10/2026£215,000Initial listing
06/09/2026Services
Next steps
Explore services to help you with this property purchase.
Get help with this property
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Similar properties
Other listings you may want to compare.
