Bembridge, Isle of Wight
SP

Bembridge, Isle of Wight

By Spence Willard

£ 249,950

Reviews

2 out of 5 stars

Spence Willard says ..

A unique opportunity to acquire a houseboat in a stunning location, with a strong holiday letting pedigree.

Property Oracle says ..

This property is a charming one-bedroom, one-bathroom houseboat located in the desirable coastal village of Bembridge on the Isle of Wight. The property boasts stunning views of the harbour and is well-presented, with a modern interior and recently updated kitchen and bathroom. The houseboat features a decked area, providing a small outdoor space. The property is conveniently located near Bembridge Church of England Primary School, making it an attractive option for families.

However, the property’s status as a houseboat is a notable aspect to consider. Potential buyers will need to factor in the unique challenges and costs associated with owning a water-based property, including the potential for ongoing maintenance and repairs. Furthermore, the location, while scenic, is relatively isolated. Transportation options are limited, requiring travel via the Island Line train to access wider transport links. The relatively small size of the living space is another point of consideration.

Overall, this houseboat offers a unique lifestyle in a desirable location. Potential buyers should carefully weigh the benefits of the picturesque views and modern amenities against the additional responsibilities and potential costs involved in maintaining a property of this type. The limited land and transportation access are factors that influence the property’s overall appeal.

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
8
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
473.61

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
540,000.00 £
Decreased by 12.56 %
from 617,585.00 £
Est sale value
215,492.55 £
Decreased by 2.36 %
from 220,702.26 £
Average area rental value
1,035.00 £/mo
Decreased by 19.20 %
from 1,281.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.30 %
Decreased by 7.63 %
from 2.49 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Spence Willard created the listing.

Nearby Schools

NameTypeOfstedDistance
Bembridge Church Of England Primary SchoolVoluntary Controlled SchoolGood1.59 KM
St Helens Primary SchoolCommunity SchoolGood1.91 KM
Nettlestone Primary SchoolCommunity SchoolGood3.45 KM
Brading Church Of England Controlled Primary SchoolVoluntary Controlled SchoolGood5.48 KM
Oakfield Church Of England Aided Primary School, RydeVoluntary Aided SchoolRequires improvement6.65 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
St Helen's Beach Promenade £ 285,00000.00 KM
The Duver £ 000.00 KM
Turnstone Drive £ 000.00 KM
North Quay £ 295,00000.00 KM
The Mews £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Brading5530BDN4.87 KM
Smallbrook Junction5494SAB6.75 KM
Ryde St Johns Road5543RYR7.60 KM
Sandown5525SAN8.21 KM
Ryde Esplanade5542RYD8.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bembridge, Isle of Wight £ 249,950BUY5 / 100.00 KM
Embankment Road, Bembridge, Isle of Wight £ 325,000BUY7 / 100.20 KM
St Helens, Isle of Wight £ 510,000BUY6 / 100.20 KM
Embankment Road, Bembridge, Isle Of Wight, PO35 £ 325,000BUY7 / 100.36 KM
Harbour Strand, Bembridge £ 595,000BUY7 / 100.51 KM

Nearby Properties

AddressPriceDistance
14 Harbour Strand £ 750,0000.53 KM
8 Harbour Strand £ 445,0000.53 KM
4 Harbour Strand £ 325,0000.54 KM
5 Harbour Strand £ 239,0000.54 KM
1 Harbour Strand £ 300,0000.54 KM