Worst House on the Street Logo
Sunnyhill Close, Lake PO36 - Image 1
Sunnyhill Close, Lake PO36 - Image 2
Sunnyhill Close, Lake PO36 - Image 3

Sunnyhill Close, Lake PO36

South East

£230,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
667 sqft

Description

This two-bedroom bungalow in the Isle of Wight presents a promising investment opportunity, particularly for those looking to put their personal touch on a home. Conveniently situated in a well-connected area, the property allows easy access to local amenities and transport links, making it an attractive choice for first-time buyers and investors alike. The well-thought-out layout features a spacious living and dining room, a functional kitchen, a bright conservatory perfect for relaxing or entertaining, a master bedroom along with an additional bedroom, and a family bathroom complete with three-piece suite. Each room offers ample potential for individual design enhancements. Externally, the property includes a driveway that provides off-road parking as well as a garden space ripe for development into an outdoor oasis. While the bungalow is in generally good condition, it invites cosmetic upgrades that could modernize its appeal and improve overall comfort. This property not only boasts practical living spaces but also offers considerable scope for renovation in a desirable location.

Investment Analysis

(PO36 area)

Above Market Value

This property is priced +19.3% above area average per sq ft

+19.3%
This Property
£345/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£212,003
10% above area average per sq ft
Potential ROI
-15.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PO36)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -5.4%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on PO36 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

Sunnyhill Close, Lake PO36
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 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