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Cranmore, Yarmouth, Isle of Wight

South East

£369,950

Listed on 19/10/2026

The listing

Property details

Bedrooms
2
Type
Detached Bungalow
Area
880 sqft

Features

  • Garden

Description

A detached single-storey two-bedroom house in the semi-rural hamlet of Cranmore, offered chain free with approximately 0.81 acre of level grounds. The property requires modernisation, and its existing accommodation comprises a sitting room, kitchen, two bedrooms and a bathroom. The sitting room has a fireplace and looks out over the gardens, while the kitchen has wall and base units and a door to the side garden. The layout may offer scope for reconfiguration and improvement, subject to any necessary consents. A substantial separate outbuilding within the grounds has power and could suit storage, workshop, garaging or hobby use, subject to any required consents. The grounds include extensive lawn, mature trees and established apple trees, with a west-facing garden and access to local footpaths. Yarmouth, its shops and ferry connections, and Newtown Nature Reserve are a short drive away; Newport is approximately ten minutes by car. Ningwood Primary School is within walking distance and a bus stop is around 70 metres away. Services are stated as mains water and electricity, oil and private drainage. The property has an EPC rating of F and is in Council Tax Band B. The listing describes the house as dating from the 1940s in its opening paragraph, but later refers to 1912.

WHOTS analysis

Our WHOTS verdict

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

38out of 100
Grade ELow opportunity

Confidence: MEDIUM

The standout here is the setting: a detached single-storey house on around 0.81 acre, with mature grounds and a substantial powered outbuilding offering useful scope for hobbies, storage or other ancillary uses, subject to checks. The house presents a light modernisation project, with dated finishes and floor coverings, an old-fashioned kitchen and bathroom, and some wall-surface cracking or unevenness to inspect. The established garden and flexible outbuilding give this one a distinctive canvas beyond the house itself.

The asking price is the main constraint: at £420 per sq ft, it sits above the local average of £364, and the asking price plus the £5,500–£16,500 refurb range leaves costs stretched against the local benchmark for a home of this floor area. That comparison is with current local value, not a forecast of the finished property's value, so the land and outbuilding may be important to a buyer's own assessment—but the numbers make careful pricing essential.

Key opportunities

  • Make a tailored home from the dated interior, including scope to refresh the distinctive older kitchen and bathroom.
  • Enjoy or improve the approximately 0.81-acre level grounds, with mature trees and established planting already in place.
  • Explore practical uses for the substantial powered outbuilding, subject to checking its condition and any necessary consents.

Key risks

  • The asking price and the £5,500–£16,500 refurbishment range together leave the purchase costs stretched against the local benchmark for this floor area.
  • Worth allowing for £380,950 once the asking price and an estimated £11,000 of refurbishment are combined — around 16% above what similar-sized stock commands locally today. Finished value after works is not modelled here.

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Map

Location

Cranmore, Yarmouth, Isle of Wight
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,398
Based on a loan of £277,462 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

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

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