Union Road, Ryde, Isle of Wight
PI

Union Road, Ryde, Isle of Wight

By Pittis

£ 100,000

Reviews

2 out of 5 stars

Pittis says ..

Attention investors! Sold with a tenant in situ, this second floor flat located in the centre of Ryde offers an ideal investment property to add to a portfolio. Offered with no onward chain, walking distance to local bus routes and mainland commuter links, as well as the shops and restaurants Ryd...

Property Oracle says ..

This one-bedroom apartment located on Union Road, Ryde, Isle of Wight, is listed at £100,000. The property’s location is a key strength, being close to Ryde Esplanade train station and within walking distance of the seafront. Nearby schools such as Dover Park Primary School (0.54km) and Ryde Children’s Centre (0.26km) add to its family-friendly appeal. The provided photos showcase a functional but dated interior. The bathroom is clearly in need of some modernisation, and while the kitchen and living area are habitable, they exhibit a degree of age and wear. Lack of information regarding the property’s square footage, and the complete absence of any information or visual evidence concerning outdoor space are significant drawbacks. While the list price seems competitive compared to some other nearby properties on Union Road, a conclusive judgment on value for money is hampered by the missing square footage data and the unclear condition of the property. A thorough survey and inspection would be recommended to fully assess the property’s condition and potential value. The property is suitable for a single person, young couple or buy-to-let investor seeking a conveniently located property on the Isle of Wight. However, prospective buyers should be prepared for potential renovation costs.

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
5
Location
7
Land
1
Bedrooms
1
Bathrooms
1

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
271,000.00 £
Decreased by 22.25 %
from 348,556.00 £
Average area rental value
900.00 £/mo
Decreased by 4.76 %
from 945.00 £/mo
Est rental Yield
3.99 %
Increased by 22.77 %
from 3.25 %
Crime Rate
70.00 %
Unchanged by 0.00 %
from 70.00 %

Agent Activity

  • Pittis created the listing.

Nearby Schools

NameTypeOfstedDistance
Ryde Children'S CentreChildren's Centre0.26 KM
Dover Park Primary SchoolCommunity SchoolGood0.54 KM
Ryde School With Upper ChineOther Independent School0.87 KM
St Mary'S Catholic Primary SchoolVoluntary Aided SchoolRequires improvement1.52 KM
Oakfield Church Of England Aided Primary School, RydeVoluntary Aided SchoolRequires improvement1.76 KM

Images

Views To Front External Bathroom Kitchen/ Living Room Kitchen/ Living Room

Nearby Streets

NameAverage PriceAverage SqftDistance
Albert Palce £ 180,00000.00 KM
Saint George's Close £ 000.00 KM
Wood Street £ 316,66700.00 KM
Saint John's Road £ 000.00 KM
Bailey Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ryde Esplanade5542RYD0.18 KM
Ryde Pier Head5541RYP0.83 KM
Ryde St Johns Road5543RYR0.94 KM
Smallbrook Junction5494SAB2.40 KM
Brading5530BDN6.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
Union Road, Ryde, Isle of Wight £ 100,000BUY5 / 100.00 KM
Union Road, Ryde £ 119,000BUY5 / 100.02 KM
Union Road, Ryde, Isle of Wight, PO33 £ 90,000BUY5 / 100.03 KM
Castle Street, Ryde, Isle of Wight, PO33 £ 125,000BUY5 / 100.04 KM
CENTRAL RYDE £ 260,000BUYUnknown0.05 KM

Nearby Properties

AddressPriceDistance
36a Castle Street £ 94,0000.04 KM
36 Castle Street £ 140,0000.04 KM
46 Union Road £ 160,0000.05 KM
47 Union Road £ 172,0000.05 KM
45 Union Road £ 118,5000.05 KM