Cowes, Isle of Wight, PO31 7GB
EL

Cowes, Isle of Wight, PO31 7GB

By Elliott Lincoln

£ 999,000

Reviews

2 out of 5 stars

Elliott Lincoln says ..

Beautifully placed in this sought after development. Plot 44 is under construction and will be a 4 bedroom, 4 bathroom, chalet style detached home. Boasting solar harnessing capabilities and Tesla battery storage, underfloor heating and air source heat pump as standard. This property is future...

Property Oracle says ..

This property in Cowes, Isle of Wight, is a new build currently under construction. The design incorporates modern features, as suggested by the rendered images of the kitchen and utility room, which showcase a contemporary and well-equipped layout. The property boasts four bedrooms and four bathrooms, which are desirable attributes in the UK housing market. The exterior is attractive, exhibiting a traditional brick facade with modern roofline additions, and a decent-sized rear garden. The current condition, however, is unfinished and suggests considerable construction still needs to be completed. Several internal photos depict bare floors, exposed wires, and construction materials left on site. While the finished property has the potential to be a substantial family home in a favorable area, the current state requires considerable investment and completion to realize its full market value. Buyers should be aware that they are purchasing a project and should carefully weigh the costs and time involved in the completion process. The lack of information on plot size is a further limitation of this assessment. The listed price is relatively high compared to the average for the road itself and requires additional due diligence from any potential buyers before making a decision. While the location is desirable, the current condition and the potential cost of completion need careful consideration before accepting this offer. The high price also demands comparable data before any conclusive statements can be made.

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
6
Condition
4
Location
7
Land
6
Bedrooms
4
Bathrooms
4
Sqft (est)
1,759.90

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
431,250.00 £
Increased by 5.19 %
from 409,967.00 £
Est sale value
762,036.70 £
Increased by 65.90 %
from 459,333.90 £
Average area rental value
1,300.00 £/mo
Decreased by 23.48 %
from 1,699.00 £/mo
Est letting value
1,759.90 £/mo
Unchanged by 0.00 %
from 1,759.90 £/mo
Est rental Yield
3.62 %
Decreased by 27.16 %
from 4.97 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Elliott Lincoln created the listing.

Nearby Schools

NameTypeOfstedDistance
Gurnard Primary SchoolCommunity SchoolGood0.96 KM
Lanesend Primary SchoolAcademy ConverterGood1.25 KM
Cowes Children'S CentreChildren's Centre Linked Site1.37 KM
Cowes Primary SchoolCommunity SchoolGood1.50 KM
Cowes Enterprise College, An Ormiston AcademyAcademy Sponsor LedGood1.63 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cordelia Gardens £ 694,26700.00 KM
Park Road £ 550,00000.00 KM
Reynolds Close £ 000.00 KM
Cranleigh Gardens £ 370,00000.00 KM
Firs Close £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Plot 21, Meadow View Park, Cowes, Isle of Wight. £ 475,000BUY5 / 100.00 KM
Plot 93. 17 Sunset Drive, Cowes, Isle of Wight. £ 700,000BUY4 / 100.00 KM
15 Sunset Drive, Cowes, PO31 7GE £ 795,000BUY7 / 100.00 KM
Plot 23. Meadow View Park, Cowes, Isle of Wight. £ 450,000BUY5 / 100.00 KM
Cowes, Isle of Wight, PO31 7GB £ 999,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
Shepherds Hay £ 475,0000.23 KM
Tuttons Heights £ 410,0000.23 KM
Englewood £ 650,0000.23 KM
Police House £ 306,0000.23 KM
The Heritage £ 645,0000.23 KM