The list price of £230,000 seems reasonable when compared to the average price in the area (£431,250) and nearby listings. Given the property’s size (1,017 sqft) and the average price per sqft (£433), the price appears to offer good value, especially considering the water views and outdoor terrace. While the property may require some cosmetic updates, the price reflects this and makes it an attractive opportunity.

The condition of the property appears to be fair. While the interior seems functional, some areas might benefit from modernization. The bathrooms and kitchen, while clean, show signs of age. The exterior brickwork looks well-maintained, but the overall impression is that the property could use some updating to reach its full potential.

The property is located in Cowes Medina, Isle of Wight, which is generally a desirable location, especially given its proximity to the water. The nearby listings and street summaries suggest a mix of residential and commercial activity, contributing to the area’s vibrancy. Additionally, the presence of nearby schools adds to the location’s appeal for families.

The property has some outdoor space, including a terrace with water views, which is a significant advantage. However, it doesn’t appear to have a traditional garden or a large plot of land. The terrace offers a valuable outdoor amenity, but the limited land area impacts the overall land score.