Porchfield, Isle of Wight
SP

Porchfield, Isle of Wight

By Spence Willard

£ 140,000

Reviews

2 out of 5 stars

Spence Willard says ..

Two fields extending to about 12.5 acres of pasture.

Property Oracle says ..

This listing from Spence Willard is for a significant parcel of land located in Porchfield on the Isle of Wight. The property comprises approximately 12.5 acres of pasture land. The land appears relatively flat, and from the provided aerial imagery and photographs, the land seems suitable for a variety of uses, potentially agricultural or for development, subject to planning permission. The location is rural, offering tranquility but at a distance from the main towns and transport links. The lack of existing structures means the buyer will be starting from the ground up, needing to secure planning permission for any development projects, if that is their intention. The price seems reasonable relative to other land sales in the area, but the ultimate valuation is heavily contingent on securing any necessary planning approvals for the proposed land use. Nearby schools are a considerable distance, and transportation options are limited. This information is vital for potential buyers to thoroughly research before making an offer. Buyers should also consider any environmental restrictions or planning constraints which may apply to the land.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
1
Location
4
Land
8
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
431,250.00 £
Increased by 5.19 %
from 409,967.00 £
Average area rental value
1,300.00 £/mo
Decreased by 23.48 %
from 1,699.00 £/mo
Est rental Yield
3.62 %
Decreased by 27.16 %
from 4.97 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Spence Willard created the listing.

Nearby Schools

NameTypeOfstedDistance
Northwood Primary SchoolAcademy ConverterGood5.54 KM
Carisbrooke CollegeFoundation SchoolRequires improvement5.91 KM
West Newport Children'S CentreChildren's Centre6.44 KM
Gurnard Primary SchoolCommunity SchoolGood6.46 KM
Island Learning CentrePupil Referral UnitGood6.47 KM

Images

Lotting Plan IMG_0299.jpeg IMG_0300.jpeg IMG_0305.jpeg IMG_0306.jpeg IMG_0310.jpeg

Nearby Listings

AddressPriceTypeScoreDistance
Porchfield, Isle of Wight £ 140,000BUY5 / 100.00 KM
Porchfield, Isle of Wight £ 425,000BUY7 / 100.18 KM
Porchfield, Isle of Wight £ 350,000BUY7 / 100.19 KM
DETACHED WITH GARDENS AND ABOVE GROUND POOL - Main Road, Porchfield £ 569,950BUY8 / 100.67 KM
New Road, Porchfield £ 499,995BUY7 / 100.78 KM

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AddressPriceDistance
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Grand Pre £ 370,0000.61 KM
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Coppice £ 318,0000.61 KM
Percuil £ 348,0000.76 KM