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2 bed flat for sale Vernon Square, Ryde, PO33

Asking price

£125,000

Added on 25/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £133 per sq ft
Tenure: Ask agent

Key features

Two-bedroom apartment with flexible layout
Scope for modernisation and improvement
Close to Ryde seafront and beach
Near town shops, cafés, restaurants
Excellent transport hub at Ryde Esplanade
Attractive home or investment project

About this property

This two-bedroom apartment is offered for sale and represents an opportunity for buyers seeking a property that needs modernising in Ryde on the Isle of Wight. Located within reach of Ryde’s attractive seafront and town amenities, the apartment provides a practical layout with one reception room, one kitchen and one bathroom. The reception room offers space for a seating and dining area, while the separate kitchen allows for further improvement and reconfiguration to suit individual requirements. Two bedrooms provide flexibility for use as sleeping accommodation, home working or guest space, depending on the buyer’s needs. The bathroom completes the internal accommodation.

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

25 comparables · within 1.2 miles

Cheaper than 64% of the 2-bed flats for sale nearby right now.

This home, £125,000 Median £140,000 · £106,000 – £182,000

Per square foot

£133 41% under

2-bed flats nearby £225

Against sold prices

52% under

PO33 sold median £275 / sq ft, 830 sales

Compared with 25 2-bed flats for sale within 1.2 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

Vernon Square, Ryde, PO33

Open map Street View

Mortgage and stamp duty

Property price £125,000

£62k £188k

Deposit10% £13,000

£0 £125k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £112,000 mortgage. Most lenders would want a household income of about £25,000 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 5, Vernon Lodge, 2, Vernon Square Flat / maisonette	Flat / maisonette	Nov 2019	517 sq ft £147/sq ft	517 sq ft	£147	£76,000
3, Vernon Square Detached	Detached	Jul 2014	560 sq ft £1,036/sq ft	560 sq ft	£1,036	£580,000
Flat 1, Vernon Lodge, 2, Vernon Square Detached	Detached	Jul 2014	775 sq ft £748/sq ft	775 sq ft	£748	£580,000
Flat 5, Vernon Lodge, 2, Vernon Square Flat / maisonette	Flat / maisonette	Oct 2013	517 sq ft £142/sq ft	517 sq ft	£142	£73,500
Flat 5, Vernon Lodge, 2, Vernon Square Flat / maisonette	Flat / maisonette	Aug 2009	517 sq ft £95/sq ft	517 sq ft	£95	£49,000
Flat 5, Vernon Lodge, 2, Vernon Square Flat / maisonette	Flat / maisonette	Feb 2006	517 sq ft £110/sq ft	517 sq ft	£110	£57,000
Flat 2, Vernon Lodge, 2, Vernon Square Flat / maisonette	Flat / maisonette	Feb 2006	n/a	n/a	n/a	£75,000