The Wright Estate Agency says ..

Property Oracle says ..

The property is a detached bungalow located on The Glade in Lake, Isle of Wight. It benefits from being near Lake train station (0.49km) and a short walk from the cliff path. The property includes two bedrooms and two bathrooms, and while the exact square footage isn’t specified in the provided data, the listing mentions 570 sqft. The list price is £299,950. The property appears to be in good condition based on the provided images. The kitchen and bathrooms seem well-maintained and modern. The interior decor is dated but the property doesn’t show any signs of significant disrepair or needing renovation. The garden is visible in the photos and appears to be of a reasonable size for a bungalow of this type, including a shed. Considering the average house price in the area is £312,000 and the average price per square foot is £252, the asking price of £299,950 seems reasonable, especially given the property’s apparent good condition and proximity to amenities and transport links. However, the lack of plot size information makes a definitive judgment on value difficult. The nearby properties listed show a range of prices, but without sqft data, direct comparison is challenging. The presence of a garden is a positive factor, increasing desirability and potentially justifying the price. The location, near the cliff path and train station, is likely a desirable feature, further supporting the pricing.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images