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Grasmere Avenue, Ryde, Isle Of Wight PO33 - Image 1
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Grasmere Avenue, Ryde, Isle Of Wight PO33

South East

£340,000
Listed on 19/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This detached bungalow offers a prime opportunity for modernisation in a highly desirable area. The property features a driveway that leads to a garage, providing convenient parking options. Inside, you'll find a spacious entrance hall and a fitted kitchen ready for an upgrade, along with a wet room that includes a separate toilet — all areas primed for refurbishment. The front and rear gardens present additional potential for landscaping or expansion. This bungalow is perfect for investors looking to enhance value through renovation.

Investment Analysis

(PO33 area)
Area Average
£285/sq ft
Avg Rent (weekly)
£197
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PO33)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -3.9%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on PO33 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

Grasmere Avenue, Ryde, Isle Of Wight PO33
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,226
Based on a loan of £255,000 over 30 years at 4.06% 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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