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Blackwater, Isle Of Wight PO30

South East

£425,000

Listed on 29/06/2026

Property details

Bedrooms
5
Type
Detached

Description

This substantial four-bedroom detached home, nestled within a peaceful rural hamlet south of Newport, presents an excellent opportunity for renovation and investment. With extensive gardens that include a private woodland area, the property benefits from generous parking options and a garage. Some updating is required to unlock its full potential, making it an ideal canvas for prospective buyers looking to create additional living space or enhance existing features. The roof area already offers two attic rooms with staircase access, subject to building regulation approval, providing further scope for expansion. Inside, the spacious dual-aspect lounge features a charming yet non-functional fireplace and connects seamlessly to the dining room via stained-glass tri-folding doors. A conservatory adds natural light and views over the garden. The kitchen provides ample storage and utility space with a practical layout leading to both the garden and garage. On the first floor are four well-proportioned bedrooms equipped with built-in storage, complemented by a family bathroom. The outside space is noteworthy; the rear garden includes formal landscaping alongside enchanting woodland complete with a pond and waterfall, while the front garden offers parking for two vehicles.

Investment analysis

(PO30 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PO30)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -5.3%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on PO30 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

Blackwater, Isle Of Wight PO30
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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
£1,606
Based on a loan of £318,750 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

-5.6% since listed
£425,000£25,000(-5.6%)
28/06/2026
Current price
£450,000Initial listing
08/05/2026

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