Worst House on the Street Logo
Wheelers Bay Road, Ventnor PO38 - Image 1
Wheelers Bay Road, Ventnor PO38 - Image 2
Wheelers Bay Road, Ventnor PO38 - Image 3

Wheelers Bay Road, Ventnor PO38

South East

£189,950
Listed on 14/12/2025

Property Details

Bedrooms
2
Type
Flat

Description

This first-floor apartment presents a promising investment opportunity, ideally situated near Wheelers Bay and the bustling town centre. The two double bedrooms are complemented by captivating sea views from both the main bedroom and living area, enhancing the property's appeal. Although the apartment is in need of updating, it features a spacious garage that adds to its functionality. The layout includes a bright living room with access to a covered balcony, perfect for enjoying morning coffee or evening relaxation while overlooking scenic coastal vistas. The kitchen, while functional, could benefit from modernisation, allowing for personalisation to taste. The bathroom is fully tiled but may require refurbishment to meet contemporary standards. This property offers easy access to local amenities, including popular cafes and restaurants along Ventnor's seafront and within the charming village of Bonchurch. With its prime location and renovation potential, this apartment could be transformed into a desirable home or rental investment with thoughtful updates.

Investment Analysis

(PO38 area)
Area Average
£310/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (PO38)

Area prices are falling by +6.7% over the last 12 months
3 year growth: -8.3%
5 year growth: 6.0%
Investment Disclaimer: Analysis based on PO38 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

Wheelers Bay Road, Ventnor PO38
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£696
Based on a loan of £142,462 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE