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
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Metrics Year-on-Year
- Average area value
- 271,000.00 £Decreased by 22.25 %
- Average area rental value
- 900.00 £/moDecreased by 4.76 %
- Est rental Yield
- 3.99 %Increased by 22.77 %
- Crime Rate
- 70.00 %Unchanged by 0.00 %
Agent Activity
Pittis created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ryde Children'S Centre | Children's Centre | 0.26 KM | |
| Dover Park Primary School | Community School | Good | 0.54 KM |
| Ryde School With Upper Chine | Other Independent School | 0.87 KM | |
| St Mary'S Catholic Primary School | Voluntary Aided School | Requires improvement | 1.52 KM |
| Oakfield Church Of England Aided Primary School, Ryde | Voluntary Aided School | Requires improvement | 1.76 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Albert Palce | £ 180,000 | 0 | 0.00 KM |
| Saint George's Close | £ 0 | 0 | 0.00 KM |
| Wood Street | £ 316,667 | 0 | 0.00 KM |
| Saint John's Road | £ 0 | 0 | 0.00 KM |
| Bailey Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ryde Esplanade | 5542 | RYD | 0.18 KM |
| Ryde Pier Head | 5541 | RYP | 0.83 KM |
| Ryde St Johns Road | 5543 | RYR | 0.94 KM |
| Smallbrook Junction | 5494 | SAB | 2.40 KM |
| Brading | 5530 | BDN | 6.42 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Union Road, Ryde, Isle of Wight | £ 100,000 | BUY | 5 / 10 | 0.00 KM |
| Union Road, Ryde | £ 119,000 | BUY | 5 / 10 | 0.02 KM |
| Union Road, Ryde, Isle of Wight, PO33 | £ 90,000 | BUY | 5 / 10 | 0.03 KM |
| Castle Street, Ryde, Isle of Wight, PO33 | £ 125,000 | BUY | 5 / 10 | 0.04 KM |
| CENTRAL RYDE | £ 260,000 | BUY | Unknown | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 36a Castle Street | £ 94,000 | 0.04 KM |
| 36 Castle Street | £ 140,000 | 0.04 KM |
| 46 Union Road | £ 160,000 | 0.05 KM |
| 47 Union Road | £ 172,000 | 0.05 KM |
| 45 Union Road | £ 118,500 | 0.05 KM |