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    Oakfield, Ryde, Isle of Wight

    £275,000Freehold

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    Mortgage

    Estimated Monthly Mortgage Payment:
    £1,306 /mo.25 Years, 4% Interest
    Loan
    £247,500
    Total Repay
    £391,919

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £3,750
    0% up to £125,000
    2% from £125,000 to £250,000
    5% from £250,000 to £275,000
    Your effective stamp duty rate is 1.36%

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    Oakfield, Ryde, Isle of Wight

    £275,000

    Bungalow
    2 Bedrooms2 Bathrooms2 Receptions

    Key Information

    Tenure:Freehold
    Council tax band:A
    Broadband:up to 1800Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2Vodafone

    Key Features

    Two Adjoining Bungalows in Ryde
    Both Currently Tenanted With Good Rental Yield
    Scope For Future Site Development (STPP)
    Modern Kitchens and Bathrooms/Shower Rooms
    Each with Private Garden Space and Allocated Parking
    Large Shared Grounds with Extensive Lawned Area
    Excellent Long-Term Investment Potential

    Description

    Investment Opportunity – Two Adjoining Bungalows, Ryde, Isle of Wight

    Tucked away in the Oakfield area of Ryde, down a private driveway just off Oakfield High Street, this unique site offers two adjoining bungalows set within generous grounds. Both properties are currently tenanted and provide a healthy rental return, making them an ideal turnkey investment.

    Each bungalow benefits from its own private outdoor space, along with an allocated parking bay. Inside, the accommodation is well presented with modern fitted kitchens and contemporary bathrooms/shower rooms, ensuring a comfortable living environment for tenants. Beyond the individual gardens, the site features an extensive turf area, adding to the sense of space and potential.

    With its strong rental performance and desirable setting close to local amenities and Ryde town, this is a ready-made opportunity for buy-to-let investors. Furthermore, the large grounds may offer scope for future redevelopment or alternative use, subject to the necessary planning consents from the Isle of Wight Council.

    Local Authority - Isle of Wight Council
    Council Tax Band A + A
    Tenure - Freehold

    BUNGALOW 1

    GROUND FLOOR

    Entrance Hall

    Living Room/Kitchen

    Bedroom

    Bathroom

    Decking to Front

    Garden Area

    Property Accessed Via a Side Path

    BUNGALOW 2

    GROUND FLOOR

    Entrance

    Living Room/Kitchen

    Bedroom

    Shower Room

    Decking to Front

    Garden Area

    Property Accessed Via a Side Path

    Newport Branch

    More properties in Newport
    Dover Park Primary School
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    Age Range: 4 - 11
    Oakfield Church of England Aided Primary School, Ryde
    (0.37 miles)
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    St Mary's Catholic Primary School
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    Haylands Primary School
    (0.65 miles)
    Good
    Number of pupils: 385
    Age Range: 5 - 11
    Ryde School with Upper Chine
    (0.67 miles)
    Number of pupils: 856
    Age Range: 2 - 19
    Ryde Academy
    (0.84 miles)
    Good
    Number of pupils: 1333
    Age Range: 11 - 18
    Greenmount Primary School
    (0.93 miles)
    Requires improvement
    Number of pupils: 392
    Age Range: 5 - 11
    Binstead Primary School
    (1.42 miles)
    Good
    Number of pupils: 210
    Age Range: 4 - 11
    Nettlestone Primary School
    (1.78 miles)
    Good
    Number of pupils: 239
    Age Range: 3 - 11
    St Helens Primary School
    (2.51 miles)
    Good
    Number of pupils: 90
    Age Range: 5 - 11

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