Vernon Square, Ryde, PO33 2JQ
By Seafields Estates
£ 995,000
Reviews
3 out of 5 stars
Seafields Estates says ..
FULLY LET FREEHOLD RESIDENTIAL INVESTMENT OPPORTUNITY! A beautifully maintained, imposing Grade II Listed building located within a most sought after setting within the heart of Ryde - on the corner of Vernon Square and Melville Street, being so ideally positioned within short walking di...
Property Oracle says ..
The property is located in Ryde, Isle of Wight, a popular seaside town. The area benefits from a range of amenities including shops, schools, and transportation links. Ryde Esplanade train station is within walking distance, providing convenient access to other parts of the island. Several primary schools are located nearby, including Dover Park Primary School which has a good Ofsted rating. The property itself appears to be a large, multi-unit building, possibly a converted house or a purpose-built multi-family dwelling. The images suggest that the property is in need of some modernisation or refurbishment in certain areas, while others appear to be well-maintained. The lack of square footage data makes it difficult to provide a comprehensive analysis of value for money. However, given the location and the number of units, the list price of £995,000 may be considered reasonable, although further investigation into the property’s condition and potential rental income would be necessary to confirm this. The surrounding area shows a range of property prices, with some properties selling for significantly less than the subject property, however there are also some higher value properties nearby. This suggests that the property’s value is influenced by its size, location, and potential rental income.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 8
- Land
- 4
- Bedrooms
- 11
- Bathrooms
- 7
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
- 271,000.00 £Decreased by 22.25 %
- Average area rental value
- 900.00 £/moDecreased by 4.76 %
- Est rental Yield
- 3.99 %Increased by 22.77 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Seafields Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Dover Park Primary School | Community School | Good | 0.20 KM |
| Ryde Children'S Centre | Children's Centre | 0.28 KM | |
| Ryde School With Upper Chine | Other Independent School | 0.97 KM | |
| St Mary'S Catholic Primary School | Voluntary Aided School | Requires improvement | 1.26 KM |
| Oakfield Church Of England Aided Primary School, Ryde | Voluntary Aided School | Requires improvement | 1.46 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Saint George's Close | £ 0 | 0 | 0.00 KM |
| Wood Street | £ 316,667 | 0 | 0.00 KM |
| Bailey Close | £ 0 | 0 | 0.00 KM |
| Albert Palce | £ 180,000 | 0 | 0.00 KM |
| Saint John's Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ryde Esplanade | 5542 | RYD | 0.42 KM |
| Ryde St Johns Road | 5543 | RYR | 0.59 KM |
| Ryde Pier Head | 5541 | RYP | 1.13 KM |
| Smallbrook Junction | 5494 | SAB | 2.08 KM |
| Brading | 5530 | BDN | 6.08 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| VERNON SQUARE, RYDE | £ 159,950 | BUY | Unknown | 0.00 KM |
| VERNON SQUARE, RYDE | £ 159,950 | BUY | 5 / 10 | 0.00 KM |
| Melville Street, Ryde, Isle of Wight | £ 350,000 | BUY | Unknown | 0.07 KM |
| Melville Street, Ryde, Isle of Wight | £ 575,000 | BUY | 6 / 10 | 0.07 KM |
| Wood Street, Ryde, Isle of Wight | £ 150,000 | BUY | 5 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Vernon Square | £ 580,000 | 0.01 KM |
| 2 Belvedere Street | £ 220,000 | 0.04 KM |
| 4a Belvedere Street | £ 165,000 | 0.04 KM |
| 16 Melville Street | £ 580,000 | 0.07 KM |
| 11 Melville Street | £ 34,050 | 0.07 KM |