Palmerston Road, Shanklin, Isle of Wight
HO

Palmerston Road, Shanklin, Isle of Wight

By Hose Rhodes Dickson

£ 140,000

Reviews

2 out of 5 stars

Hose Rhodes Dickson says ..

- Allocated Parking. - Chain Free. - New 999 Year Lease Upon Completion. - Close to Cliff Path & Beach. - Private Entrance. - Low Maintenance.

Property Oracle says ..

The property is a 2 bedroom maisonette located in Shanklin, Isle of Wight. It is listed at £140,000 and has a floor area of 438.09 sqft. The area has an average house price of £291,911 and an average price per sqft of £252. This maisonette is significantly below the average price for the area. However, the average sqft in the area is 1156 sqft, considerably larger than this property. Therefore, while the price is lower than average, the size difference needs to be considered. The property appears to be in reasonable condition, though some modernisation may be desirable. The photos show a basic but functional interior. There is no evidence of significant damage or disrepair. The exterior is unremarkable. There is no garden visible in the provided images. The location is good, being within walking distance of Shanklin’s amenities and the beach. Nearby schools are rated as “Good” by Ofsted, and there is convenient access to the Island Line train service. Considering the smaller size, the condition and the location, the list price of £140,000 appears to be relatively reasonable, especially compared to other similar properties in the area. However, the lack of outdoor space is a notable factor.

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
6
Location
8
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
438.09
Lot (est)
438.09

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
306,250.00 £
Decreased by 14.50 %
from 358,176.00 £
Est sale value
153,331.50 £
Increased by 42.86 %
from 107,332.05 £
Average area rental value
938.00 £/mo
Decreased by 9.63 %
from 1,038.00 £/mo
Est letting value
438.09 £/mo
from 0.00 £/mo
Est rental Yield
3.68 %
Increased by 5.75 %
from 3.48 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Hose Rhodes Dickson created the listing.

Nearby Schools

NameTypeOfstedDistance
St Blasius Shanklin Cofe Primary AcademyAcademy Sponsor LedGood0.93 KM
Gatten And Lake Primary SchoolCommunity SchoolGood1.07 KM
Broadlea Primary SchoolCommunity SchoolGood1.99 KM
The Bays Children'S CentreChildren's Centre3.30 KM
The Bay Church Of England SchoolVoluntary Controlled SchoolGood3.48 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Clarendon Road £ 235,00000.00 KM
Saint Pauls Crescent £ 000.00 KM
Delphi Road £ 000.00 KM
The Limes £ 199,95000.00 KM
Royal Close £ 260,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Shanklin5529SHN0.78 KM
Lake5504LKE2.06 KM
Sandown5525SAN3.29 KM
Brading5530BDN6.68 KM
Smallbrook Junction5494SAB9.32 KM

Nearby Listings

AddressPriceTypeScoreDistance
Palmerston Road, Shanklin, Isle of Wight £ 140,000BUY5 / 100.00 KM
Palmerston Road, Shanklin, Isle of Wight £ 125,000BUY7 / 100.02 KM
Shanklin, Isle of Wight £ 310,000BUY7 / 100.04 KM
Osborne Road, Shanklin, Isle of Wight £ 250,000BUY6 / 100.09 KM
Park Road, Shanklin £ 625,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
10 Park Road £ 455,0000.14 KM
11b Park Road £ 80,0000.14 KM
5a Queens Road £ 360,0000.16 KM
24b Queens Road £ 140,0000.16 KM
30a Queens Road £ 227,5000.16 KM