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2 bed house for sale Monks Lane, Freshwater, PO40

Offers in the region of

£120,000

Added on 27/09/2026

Type: Bungalow
Bedrooms: 2
Bathrooms: 1
Size: £296 per sq ft
Tenure: Freehold

Highlights

From the agent's description

Chain free
Off-street parking
Sea views
Countryside views
Newly refurbished

About this property

This immaculately presented holiday chalet has been renovated and kept in great condition by the current owners, occupying a unique plot which benefits from stunning views over the Solent & local countryside. It comes with a proven income & with the added benefit of no onward chain.

To the rear is residents parking for multiple vehicles whilst the private patio is an idyllic area for BBQ's & relaxing whilst taking in the beautiful scenery & sunsets!

Floorplan

Council tax

Ask agent

Per year

Band A

£1,751
Band B

£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

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Isle of Wight, 2026/27 bills run from £1,751 a year in band A to £5,252 in band H.

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.

Price guide

This home

£296 / sq ft

Area average (sold)

£304 / sq ft

Price per area, sold homes nearby

£188 / sq ft

£296 / sq ft

£440 / sq ft

Lowest

This home

Highest

£296 per sq ft, around the middle of recent sales in PO40 (£188–£440, 10th–90th percentile, 122 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 122 homes sold in PO40 over the last 24 months. This home's figure uses its asking price.

Location

Monks Lane, Freshwater, PO40

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
58, Brambles Chine Semi-detached	Semi-detached	Dec 2025	420 sq ft £188/sq ft	420 sq ft	£188	£79,000
38, Brambles Chine Semi-detached	Semi-detached	Nov 2024	420 sq ft £214/sq ft	420 sq ft	£214	£90,000
40, Brambles Chine Semi-detached	Semi-detached	Apr 2022	n/a	n/a	n/a	£130,000
50, Brambles Chine Semi-detached	Semi-detached	Feb 2022	420 sq ft £298/sq ft	420 sq ft	£298	£125,000
50, Brambles Chine Semi-detached	Semi-detached	Dec 2018	420 sq ft £191/sq ft	420 sq ft	£191	£80,000
64, Brambles Chine Semi-detached	Semi-detached	Dec 2015	420 sq ft £147/sq ft	420 sq ft	£147	£61,750
71, Brambles Chine Semi-detached	Semi-detached	Jul 2014	409 sq ft £117/sq ft	409 sq ft	£117	£48,000
39, Brambles Chine Semi-detached	Semi-detached	Jul 2014	409 sq ft £131/sq ft	409 sq ft	£131	£53,500