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2 bed house for sale Monks Lane, Freshwater, PO40

Asking price

£120,000

Added on 27/09/2026

Type: Bungalow
Bedrooms: 2
Bathrooms: 1
Size: £292 per sq ft
Tenure: Freehold

About this property

Enjoying delightful coastal views and situated within a sought-after coastal location, this well-presented two bedroom semi-detached bungalow offers an ideal opportunity for those seeking a permanent home, holiday retreat or investment purchase.

The accommodation comprises a bright and spacious open-plan kitchen, living and dining room measuring over 16ft, creating a sociable and versatile living space. There are two well-proportioned bedrooms together with a modern shower room.

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

£292 / sq ft

Area average (sold)

£304 / sq ft

Price per area, sold homes nearby

£188 / sq ft

£292 / sq ft

£440 / sq ft

Lowest

This home

Highest

£292 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
118, Brambles Chine Semi-detached	Semi-detached	May 2026	398 sq ft £301/sq ft	398 sq ft	£301	£120,000
129, Brambles Chine Semi-detached	Semi-detached	May 2026	420 sq ft £262/sq ft	420 sq ft	£262	£110,000
113, Brambles Chine Semi-detached	Semi-detached	Feb 2026	409 sq ft £269/sq ft	409 sq ft	£269	£110,000
95, Brambles Chine Semi-detached	Semi-detached	May 2025	398 sq ft £188/sq ft	398 sq ft	£188	£75,000
90, Brambles Chine Semi-detached	Semi-detached	Apr 2025	420 sq ft £248/sq ft	420 sq ft	£248	£104,000
93, Brambles Chine Semi-detached	Semi-detached	Mar 2025	420 sq ft £301/sq ft	420 sq ft	£301	£126,500
137, Brambles Chine Semi-detached	Semi-detached	Mar 2025	431 sq ft £255/sq ft	431 sq ft	£255	£110,000
White Lodge, 83, Brambles Chine Semi-detached	Semi-detached	Oct 2024	388 sq ft £201/sq ft	388 sq ft	£201	£78,000