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Madeira Road, Ventnor PO38

South East

£1,200,000

Listed on 29/06/2026

Property details

Bedrooms
18
Type
Detached
Area
8611 sqft

Description

This impressive property, originally built as a gentleman's residence and previously functioning as a hotel, offers significant renovation potential following the recent granting of planning permission to revert it to a single residential dwelling. Set on an expansive three acres with direct cliff-top access, this estate presents a unique opportunity for redevelopment in a sought-after area. The property features 18 bedrooms, alongside amenities such as a tennis court, swimming pool, and even a helipad. Its historic charm dating back to 1872 is complemented by stunning sea views and the advantages of being included on the Isle of Wight Council Brownfield Register in 2024. The potential for residential development is promising, especially with nearby examples of similar projects. Significant parking options and an additional car park with further development prospects are also part of the offering, making this an attractive investment for anyone looking to capitalise on Ventnor's desirable microclimate and community appeal.

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Investment analysis

(PO38 area)

Below Market Value

This property is priced -54.1% below area average per sq ft

-54.1%
Potential saving
This Property
£139/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £1,000,000
Target Value
£2,873,835
10% above area average per sq ft
Potential ROI
+30.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (PO38)

Area prices are falling by -8.8% over the last 12 months
3 year growth: -7.7%
5 year growth: -8.2%
Investment Disclaimer: Analysis based on PO38 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

Madeira Road, Ventnor PO38
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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
£4,533
Based on a loan of £900,000 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

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