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2 bed flat for sale Park Road, Ryde, PO33

Asking price

£120,000

Added on 29/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £197 per sq ft
Tenure: Share of freehold; 87 years left(from the agent's description)

Service charge £1,200 a yearNo ground rent (peppercorn) Council tax Band B £2,042 a year

* From the agent's description. Check it with them before you rely on it.

Highlights

From the agent's description

Allocated parking
Countryside views
Top floor
Needs modernisation
Share of freehold
87 years left on the lease

About this property

Offering far reaching views across Ryde is this 2 bedroom top floor flat set in a purpose built and very well-maintained apartment building. Each flat comes with a share of the freehold as well as an allocated parking space tucked away beneath.

The flat is in need of some updating and decorative work but offers 2 good size bedrooms, a pleasant bay fronted lounge, a modern kitchen and the bathroom. The flat is also double glazed and has electric heating throughout.

Floorplan

Council tax

Band B £2,042 a year

Per year

Band A

£1,751
Band B

This home: £2,042
Band C

£2,334
Band D

£2,626
Band E

£3,209
Band F

£3,793
Band G

£4,376
Band H

£5,252

This home is in band B, which costs £2,042 a year in Isle of Wight for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Isle of Wight, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

25 comparables · within 3 miles

Cheaper than 76% of the 2-bed flats for sale nearby right now.

This home, £120,000 Median £145,000 · £106,000 – £190,000

Per square foot

£197 13% under

2-bed flats nearby £225

Against sold prices

28% under

PO33 sold median £275 / sq ft, 830 sales

Compared with 25 2-bed flats for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in PO33 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in PO33 →

Location

Park Road, Ryde, PO33

Open map Street View

Mortgage and stamp duty

Property price £120,000

£60k £180k

Deposit10% £12,000

£0 £120k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £108,000 mortgage. Most lenders would want a household income of about £24,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 4, Parkmead Court, Park Road Flat / maisonette	Flat / maisonette	Mar 2026	581 sq ft £224/sq ft	581 sq ft	£224	£130,000
Flat 4, Parkmead Court, Park Road Flat / maisonette	Flat / maisonette	Sept 2022	581 sq ft £237/sq ft	581 sq ft	£237	£137,500
Flat 7, Parkmead Court, Park Road Flat / maisonette	Flat / maisonette	Mar 2020	581 sq ft £152/sq ft	581 sq ft	£152	£88,630
Flat 11, Parkmead Court, Park Road Flat / maisonette	Flat / maisonette	Sept 2019	581 sq ft £203/sq ft	581 sq ft	£203	£118,000
Flat 2, Parkmead Court, Park Road Flat / maisonette	Flat / maisonette	Aug 2019	560 sq ft £232/sq ft	560 sq ft	£232	£130,000
Flat 9, Parkmead Court, Park Road Flat / maisonette	Flat / maisonette	Nov 2018	732 sq ft £175/sq ft	732 sq ft	£175	£128,000
Flat 5, Parkmead Court, Park Road Flat / maisonette	Flat / maisonette	Jun 2017	614 sq ft £192/sq ft	614 sq ft	£192	£117,500
Flat 1, Parkmead Court, Park Road Flat / maisonette	Flat / maisonette	Mar 2017	581 sq ft £193/sq ft	581 sq ft	£193	£112,000