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Tennyson Road, Freshwater, Isle Of Wight PO40

South East

£170,000

Listed on 17/05/2026

Property Details

Bedrooms
3
Type
Flat

Description

This property offers a promising investment opportunity with considerable potential for modernization. The layout comprises an 'Upper Steps' three-bedroom apartment complemented by a garage and garden, alongside a 'Lower Steps' one-bedroom studio that features its own small courtyard and storage space. Just a short stroll from the amenities of Freshwater village, this leasehold house is currently functioning as separate flats, allowing for varied living arrangements or rental options. It will be sold with tenants already in place, appealing specifically to cash buyers who can capitalize on its existing structure and location.

Investment Analysis

(PO40 area)
Area Average
£312/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
7%
Properties sold annually

Local Market Trend (PO40)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -12.5%
5 year growth: +13.1%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£607
Based on a loan of £127,500 over 30 years at 3.97% 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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