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Colwell, Isle Of Wight PO39

South East

£525,000
Listed on 15/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached three-bedroom barn conversion presents a rare opportunity for renovation and investment, set back from the road in generous gardens. Located near Colwell Bay, known for its picturesque beach and coastal dining options, this property is steeped in history, having once functioned as an officer’s mess kitchen during the Napoleonic Wars. Although it was converted in the early 20th century, there is significant potential for modernization to create a distinctive family home. The ground floor features a spacious reception hall adorned with original stained glass panels and a welcoming quarry-tiled floor. This space leads into a bright living room with a bay window and an ornamental open fireplace that serves as a charming focal point. The layout continues to flow into a rear hallway connecting both the garden and the triple-aspect dining room, which includes a cozy corner fireplace. The kitchen provides external access and offers versatility; there is potential to reconfigure it into an open-plan layout with the dining area upon obtaining necessary approvals for structural changes. The first floor hosts three well-sized double bedrooms, each benefiting from natural light and ample dimensions. The existing night storage heaters ensure warmth throughout, while most windows have been replaced with functional double-glazed units that harmonize with the home's character. The family bathroom and separate WC complete this level. Outside, the property's charm continues with various outdoor spaces ideal for relaxation or entertaining. A shaded rear courtyard complements a sun-soaked terrace and formal garden area, alongside a more informal garden rich with mature fruit trees such as mulberry and fig—ideal for cultivating a vibrant outdoor environment. Additionally, access via a side gate offers promising potential; subject to planning permissions, there may be an opportunity to develop further within this expansive garden space. Situated opposite Colwell Common and just a short walk from scenic coastal paths leading to Colwell Bay, this property benefits from proximity to essential local amenities found within Freshwater village—less than a mile away—and the historical harbour town of Yarmouth nearby. With excellent sailing facilities and ferry access to the mainland, this location is well-suited not only for permanent residence but also as an investment opportunity or holiday retreat. In summary, this barn conversion combines historical significance with modern renovation potential in an appealing coastal setting. Whether you envision it as your primary residence or seek an investment project ripe for development, this unique property merits serious consideration.

Investment Analysis

(PO39 area)
Area Average
£313/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (PO39)

Area prices are rising by +23.1% over the last 12 months
3 year growth: 7.4%
5 year growth: 31.1%
Investment Disclaimer: Analysis based on PO39 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Colwell, Isle Of Wight PO39
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,923
Based on a loan of £393,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE