Fox & home says ..
Set in the sought after village of Newchurch, this detached property offers much potential, particularly from thelarge rear garden which if planning permission were to be gained, offers the potential for a boiling plot or two.The home is in need of upgrading and modernisation but will appeal to ma
Property Oracle says ..
This 2-bedroom, 2-bathroom detached property in Newchurch, Isle of Wight, presents a unique opportunity for buyers. Situated in a tranquil village setting, it offers easy access to a nearby ‘Good’-rated primary school and the Island Line train network, although transport may require a car. The property’s biggest asset is its extensive land, offering plenty of outdoor space and potential for future development, such as additional building plots (subject to planning permission). However, the property requires significant updating and modernisation. The interior shows dated decor, fixtures, and fittings, requiring considerable investment in renovation. While some areas, such as the bathrooms, appear reasonably well-maintained, the overall state suggests the need for significant work before the property is move-in ready. Therefore, potential buyers need to factor in substantial renovation costs into their budget before making an offer. The list price of £425,000 reflects the combination of the land size, location, and the extensive renovation required. Considering the potential, the property could represent a worthwhile investment for someone prepared to undertake a full refurbishment project. However, it’s vital to carefully assess all costs before making a purchasing decision.
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
- 6
- Condition
- 4
- Location
- 7
- Land
- 8
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 1,479.00
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Metrics Year-on-Year
- Average area value
- 431,250.00 £Increased by 5.19 %
- Est sale value
- 640,407.00 £Increased by 65.90 %
- Average area rental value
- 1,300.00 £/moDecreased by 23.48 %
- Est letting value
- 1,479.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.62 %Decreased by 27.16 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Fox & home marked this listing as sold.
Fox & home created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Newchurch Primary School | Community School | Good | 0.77 KM |
| Arreton St George'S Church Of England (Aided) Primary School | Voluntary Aided School | Requires improvement | 3.87 KM |
| Broadlea Primary School | Community School | Good | 4.27 KM |
| St Blasius Shanklin Cofe Primary Academy | Academy Sponsor Led | Good | 4.74 KM |
| Gatten And Lake Primary School | Community School | Good | 4.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wackland Lane | £ 437,500 | 0 | 0.00 KM |
| Longlands Lane | £ 0 | 0 | 0.00 KM |
| Dyers Lane | £ 0 | 0 | 0.00 KM |
| Branstone Farm Lane | £ 0 | 0 | 0.00 KM |
| Old School Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Shanklin | 5529 | SHN | 4.62 KM |
| Lake | 5504 | LKE | 5.25 KM |
| Sandown | 5525 | SAN | 5.45 KM |
| Brading | 5530 | BDN | 8.27 KM |
| Smallbrook Junction | 5494 | SAB | 8.44 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| DEVELOPMENT POTENTIAL * NEWCHURCH | £ 564,500 | BUY | 7 / 10 | 0.06 KM |
| Newchurch, Isle of Wight | £ 435,000 | BUY | 7 / 10 | 0.06 KM |
| Winford Road, Winford, Sandown | £ 125,000 | BUY | 5 / 10 | 0.10 KM |
| Winford Road, Newchurch, Sandown | £ 395,000 | BUY | Unknown | 0.36 KM |
| Winford Road, Newchurch, Sandown | £ 595,000 | BUY | 7 / 10 | 0.36 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Apsley House | £ 287,500 | 0.00 KM |
| Westmeath | £ 75,000 | 0.02 KM |
| Downsview | £ 415,000 | 0.02 KM |
| Silverthorne | £ 385,000 | 0.36 KM |
| Vine Cottage | £ 363,000 | 0.36 KM |