3 bedroom end of terrace house for sale

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3 bedroom end of terrace house for sale

Grafton Lane, Sandown, Isle of Wight, PO36
£183,000

Price History

Initial price £190,000
07/01/25 £183,000
Price Change -3.68%

Description

This 3-bedroom end of terrace house is a ready-made rental investment opportunity, currently tenanted and generating a rental income of nearly £12,000 per year. The property is situated in a quiet street, just a short walk from the High Street shops and the beach. It features two reception rooms, a modern kitchen, and a bathroom, as well as some private outside space. With double glazing and gas central heating throughout, the property is well-presented and well-maintained. Additionally, it benefits from a long leasehold with 732 years remaining, and no ground rent or service charges to pay. The property is conveniently located near main bus and train routes, as well as local schools, making it an attractive investment opportunity for those looking to generate a steady income in the area.