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Tennyson Road, Freshwater, Isle Of Wight PO40

South East

£170,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
Flat

Description

This property represents a noteworthy investment opportunity, showcasing the potential for significant modernisation. The layout includes an 'Upper Steps' 3-bedroom apartment complete with a garage and garden, alongside a compact 'Lower Steps' 1-bedroom studio featuring a small courtyard and storage space. Its location is conveniently just a short distance from the amenities of Freshwater village. Currently configured as flats, this leasehold property offers versatility for various living situations or rental options. The property is being sold with tenants in situ, catering specifically to cash buyers.

Investment analysis

(PO40 area)
Area Average
£308/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
7
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PO40)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -14.2%
5 year growth: +12.2%
Investment Disclaimer: Analysis based on PO40 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

Tennyson Road, Freshwater, Isle Of Wight PO40
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 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.

Stamp duty calculator

Price History

-8.1% since listed
£170,000£15,000(-8.1%)
17/05/2026
Current price
£185,000Initial listing
05/04/2026

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