Sold Not Specified

St. Rhadagunds

UNDERCLIFF DRIVE, VENTNOR, ST LAWRENCE, ISLE OF WIGHT PO38 1XQ

Listed 17 Oct 2014 (-4263d)

£1,000,000

Guide Price

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Property details

Last sold

£1,080,000 Jan 2024

Local average

£256,333 (+290.1%)

Deprivation

Decile 5 (14,071 of 33,755)

Street crime

2 incidents within 1 mile (Apr 2026)

Key features

  • 4.50 acres

Additional details

Parking
Yes
Garden
Yes

Description

A large detached late Victorian property on the Isle of Wight. It is currently used as a retreat/holiday centre with 30 bedrooms (12 with en-suites) providing accommodation for up to 80 people. Including a separate 3 bedroom semi-detached cottage. Set within approximately 4.5 acres.


A large former Victorian house arranged over basement, ground, first, second and third floors and a small tower extends beyond. The basement provides storage space, the ground floor includes an entrance hall and a number of large reception rooms and a kitchen, the first, second and third floors provide circa 30 bedrooms (12 of which are en-suite) and bathroom facilities. The main property is built in stone with a part pitched slate roof and a part flat roof (where the building has been extended). The building has wooden sash windows and a south facing veranda with views out over the Channel.

The semi-detached cottage is arranged over basement, ground and first floors. The basement provides storage space, the ground floor includes an entrance hall, kitchen and two reception rooms, and the first floor provides three double bedrooms and a bathroom.

The property is set in approximately 4.5 acres of grounds laid to gardens, lawned areas, woodland, tarmac (with parking for circa 25 cars).The property is located in St Lawrence, near Ventnor on the Isle of Wight. The property lies approximately 2 miles south west of Ventnor, 10 miles south of Newport and 13 miles south of Ryde.

Listed by

Institutional Consultancy

Knight Frank

Reference: 48766229

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event Date Price % change
Sold 22/01/2024 (2 years ago) £1,080,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Sold comparables data is not available for this property.

Capital growth trend

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

5y growth 17.3%
10y growth 63.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Isle of Wight. Series: All dwelling types. As of March 2026.

1y (index) -4.2%
5y (index) 5.4%
10y (index) 32.4%

Rental Range

Estimated market rent for Isle of Wight. Low = conservative, Realistic = average, Optimistic = best case.

Low £849/mo
Realistic £943/mo
Optimistic £1,037/mo

Based on Local Authority from postcode lookup → Isle of Wight.

Location

Address

Undercliff Drive

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop St Lawrence Stores 0.1 miles
Bus stop St Lawrence Inn 0.1 miles
Bus stop St Lawrence Dene 0.2 miles
Shop Binnel Studios 0.5 miles
Train station Shanklin 4.4 miles
Train station Lake 5.5 miles
Hospital Earl Mountbatten Hospice 8.5 miles
Hospital Laidlaw Day Hospital 8.8 miles

Street-level crime

Category Count
Vehicle crime 1
Violence and sexual offences 1
Total incidents 2

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Francis Catholic and Church of England Primary Academy Primary 1.5 miles Good — 13 Jan 2022
The Island Free School Secondary 1.6 miles Good — 24 Jul 2017
Niton Primary School Primary 1.6 miles Good — 24 May 2017
St Catherine's School and College Other 1.9 miles Good — 8 Sep 2014
Wroxall Primary School Primary 2.4 miles Requires improvement — 1 Feb 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Alpine Road, PO38 £995/mo 2 1.78 miles OpenRent
1 Bed Flat, Rookley, PO38 £695/mo 1 1.85 miles OpenRent
3 Bed Flat, Rookley, PO38 £1,100/mo 3 1.85 miles OpenRent
2 Bed Flat, Ardmore House, PO38 £950/mo 2 1.88 miles OpenRent
2 Bed Penthouse, Palmerston House, PO38 £1,000/mo 2 1.9 miles OpenRent
3 Bed Flat, Pier Street, PO38 £875/mo 3 1.93 miles OpenRent
2 Bed Flat, Belmont House, PO38 £900/mo 2 1.93 miles OpenRent
1 Bed Flat, Pier Street, PO38 £595/mo 1 1.95 miles OpenRent
3 Bed Semi-Detached House, Albert Street, PO38 £1,250/mo 3 2.03 miles OpenRent
1 Bed Flat, Mitchell Avenue, PO38 £600/mo 1 2.04 miles OpenRent
4 Bed Semi-Detached House, Dudley Road, PO38 £1,650/mo 4 2.09 miles OpenRent
2 Bed Flat, High St, PO38 £895/mo 2 2.18 miles OpenRent
3 Bed Flat, Shore Road, PO38 £925/mo 3 2.58 miles OpenRent
2 Bed Flat, Shore Road, PO38 £875/mo 2 2.62 miles OpenRent
1 Bed Flat, Greycliff, PO38 £650/mo 1 2.72 miles OpenRent
3 Bed Semi-Detached House, Leeson Road, PO38 £1,350/mo 3 3.16 miles OpenRent

Average rent: £957/mo (16 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.09%
Max investor price (0.8%) £114,125
Target investor price (1%) £91,300
Gross yield 1.1%
Cost-to-rent ratio 91.3×
Monthly cashflow £-3,141/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -13%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).

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