37, Newport Road, Sandown, PO36 9LP

An excellent investment opportunity positioned within the popular seaside town of Sandown on the Isle of Wight, benefiting from strong buyer and tenant demand driven by its coastal location, local amenities and excellent transport connections.

The property requires refurbishment and modernisation throughout, presenting buyers with the opportunity to add significant value.

Estimated refurbishment costs are approximately £20,000–£35,000, depending on specification and scope of works, with comparable refurbished properties within the Newport Road area and wider Sandown market achieving approximately £220,000–£260,000+.

Rental comparables nearby are achieving approximately £900–£1,200 pcm, supporting a projected yield of approximately 6%–8%, subject to purchase price and refurbishment costs.

With continued demand from both local residents and mainland relocators, alongside Sandown's appeal as a well-connected coastal town, the property offers strong potential for capital growth and attractive long-term investment returns.

Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.

Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions.

This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable.

This fee is separate from, and not deducted from, the purchase price. All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.