# 3 bedroom semi-detached house for sale (PO33 2TN)

## Property Details

| Key | Value |
|-----|-------|
| Address | 23 LONGMEAD ROAD, RYDE, ISLE OF WIGHT PO33 2TN |
| Price | £50,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Last sold | £85,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 13/05/2031
- **Current heating cost:** £653/year
- **Est. upgrade cost to C:** £11,955

### Recommendations
- B (£500 - £1,500)
- W1 (£800 - £1,200)
- E (£55)
- G (£350 - £450)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8439-6325-9000-0454-6292)

## Description

**For sale by Online Auction. 25th of February 2026.

**

3 BED INVESTMENT PROPERTY TO BE SOLD AT AUCTION 

**Description**

TO BE SOLD AT AUCTION WITH A TENANT IN SITU

Located on Longmead Road in the charming town of Ryde, this semi-detached house offers great potential for an investor looking to modernise a property. Built in 1960, the property comprises a porch, kitchen, lounge and integral garage. To the first floor are three bedrooms and a bathroom.

PLEASE REGISTER ON AUCTIONEERS WEBSITE FOR LEGAL PACK 

The location of the house, being within easy reach of the town centre, schools, shops and beach made it an appealing choice of property for the family rental market. It has always attracted good quality tenants over the years.

In summary, this semi-detached house on Longmead Road presents a wonderful opportunity for those looking to take on a project.

**Legal Pack**

A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

**Auction Information**

To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

**UNCONDITIONAL LOT** Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

**Pre Auction Offers Are Considered**

The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

**Special Conditions**

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

## Property Photos

- ![Photo](/listings/photos/87565662/2107994)
- ![Photo](/listings/photos/87565662/2107995)
- ![Photo](/listings/photos/87565662/2107996)
- ![Photo](/listings/photos/87565662/2107997)
- ![Photo](/listings/photos/87565662/2107998)

## Floorplans

- ![Floorplan 1](/listings/photos/87565662/2107999) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/87565662/2108000) - EPC 1

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #2299969
- **Address:** 23 Longmead Road, RYDE, PO33 2TN
- **Certificate Issued:** 13/12/2004
- **Work Completed:** 17/11/2004
- **Items:** 6 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 LONGMEAD ROAD, RYDE, ISLE OF WIGHT, PO33 2TN | £85,000 | 23/03/2026 | Semi-detached |
| 23 LONGMEAD ROAD, RYDE, ISLE OF WIGHT, PO33 2TN | £75,000 | 21/08/2000 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 46 ALFRED STREET, RYDE, ISLE OF WIGHT, PO33 2TS | £240,000 | 31/03/2026 | Semi-detached |
| 38 LONGMEAD ROAD, RYDE, ISLE OF WIGHT, PO33 2TW | £223,000 | 25/11/2025 | Semi-detached |
| 58 WEST STREET, RYDE, ISLE OF WIGHT, PO33 2UH | £114,000 | 24/06/2025 | Semi-detached |
| 39 SWANMORE ROAD, RYDE, ISLE OF WIGHT, PO33 2TQ | £179,950 | 21/02/2025 | Semi-detached |
| 47 WELL STREET, RYDE, ISLE OF WIGHT, PO33 2RZ | £310,000 | 24/10/2023 | Semi-detached |
| 76 SWANMORE ROAD, RYDE, ISLE OF WIGHT, PO33 2TE | £220,000 | 29/09/2023 | Semi-detached |
| 4 WELL STREET, RYDE, ISLE OF WIGHT, PO33 2SQ | £305,000 | 13/04/2023 | Semi-detached |
| 2 RATCLIFFE AVENUE, RYDE, ISLE OF WIGHT, PO33 3DN | £290,000 | 21/12/2022 | Semi-detached |
| 16 RATCLIFFE AVENUE, RYDE, ISLE OF WIGHT, PO33 3DN | £495,000 | 15/12/2022 | Semi-detached |
| 26 LONGMEAD ROAD, RYDE, ISLE OF WIGHT, PO33 2TW | £275,000 | 15/12/2022 | Semi-detached |
| 42 LONGMEAD ROAD, RYDE, ISLE OF WIGHT, PO33 2TW | £280,000 | 30/11/2022 | Semi-detached |
| 1 OSBORNE ROAD, RYDE, ISLE OF WIGHT, PO33 2TH | £205,000 | 28/10/2022 | Semi-detached |
| 11 ALFRED STREET, RYDE, ISLE OF WIGHT, PO33 2TS | £295,000 | 10/10/2022 | Semi-detached |
| 38 WELL STREET, RYDE, ISLE OF WIGHT, PO33 2RZ | £300,000 | 07/10/2022 | Semi-detached |
| 38 WELL STREET, RYDE, ISLE OF WIGHT, PO33 2RZ | £300,000 | 07/10/2022 | Semi-detached |
| 14 EDWARD STREET, RYDE, ISLE OF WIGHT, PO33 2SH | £230,000 | 01/09/2022 | Semi-detached |
| 70 WELL STREET, RYDE, ISLE OF WIGHT, PO33 2RY | £285,000 | 29/07/2022 | Semi-detached |
| 40A ALFRED STREET, RYDE, ISLE OF WIGHT, PO33 2TS | £140,000 | 17/06/2022 | Semi-detached |
| 21 ALFRED STREET, RYDE, ISLE OF WIGHT, PO33 2TS | £262,000 | 12/05/2022 | Semi-detached |
| 22 OSBORNE ROAD, RYDE, ISLE OF WIGHT, PO33 2TH | £190,000 | 26/04/2022 | Semi-detached |

**Area average:** £256,948 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £243,033 (42 Semi-detached, PO33, 2024–2026)
- **Deviation:** -79.4%

## Rental Range

*ONS Price Index of Private Rents (Isle of Wight). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £855/mo
- **Realistic:** £950/mo
- **Optimistic:** £1,045/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Park Road, PO33 | £1,100/mo | 3 | 0.38 miles | OpenRent |
| 3 Bed Semi-Detached House, Harding Road, PO33 | £1,095/mo | 3 | 0.42 miles | OpenRent |

**Average rent: £1,098/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 2.2% (strong)
- **Max investor price (0.8%):** £137,250
- **Target investor price (1%):** £109,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,098/mo).*

- **Gross yield:** 26.4%
- **Cost-to-rent:** 3.8×
- **Monthly cashflow:** £766/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 63.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £714/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -2.2%
- **10y growth:** 18.5%

## House Price Index (HM Land Registry)

*Official index for Isle of Wight; Semi-detached series; as of June 2026.*

- **1y growth (index):** 2.1%
- **5y growth (index):** 7.8%
- **10y growth (index):** 39.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)