Wootton Estate Agents says ..

Property Oracle says ..

The property is a 2-bedroom apartment located at Flat 6, Surbiton Court, 18 Surbiton Grove, Ryde, Isle of Wight, PO33 1EB. It is listed at £125,000 and has a size of 570 sqft. The average property price in the area is £312,000, with an average price per sqft of £252. This apartment is significantly below the average price for the area. The apartment appears to be in reasonable condition. The images show a clean and well-maintained interior. The kitchen and bathroom appear modern and functional, although the bathroom suite is somewhat dated. There is no clear evidence of significant repairs or renovations being required. While the plot size is only 570 sqft, the property benefits from views of the sea, which adds value. There is no information provided about a garden. Considering the property’s location in Ryde, Isle of Wight, its proximity to transport links (Ryde St Johns Road station is 0.55 km away), and nearby schools, the location score is relatively high. The average price per sqft in the surrounding area is £252, while this property is listed at a considerably lower price per sqft. This suggests that the list price may represent good value for money, especially considering the sea views. However, the lack of information regarding the condition of the building’s structure and any potential maintenance issues necessitates caution in this assessment. The property is a good option for first-time buyers or investors looking for a reasonably priced apartment in a convenient location. Further investigation into the building’s structure and any potential maintenance issues is recommended.

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

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