Susan Payne Property says ..

Property Oracle says ..

The property is a 2 bedroom, 1 bathroom house located on Pyle Street in Newport, Isle of Wight. The list price is £140,000. The property has a small, paved rear garden. Based on the provided images, the property appears to be in generally fair condition, though some modernisation and updating would likely enhance its appeal. The interior shows signs of wear and tear, particularly in the kitchen and bathroom areas. The exposed brickwork and beams add character, but some areas require attention. The location in Newport town centre offers proximity to local amenities, schools, and the town centre. Several schools are within walking distance, including Barton Primary School (rated ‘Good’ by Ofsted). However, the immediate surroundings appear to be somewhat mixed, with a mix of residential and commercial properties. Considering the property’s condition, small garden, and location, and comparing it to nearby listings, the list price of £140,000 seems relatively reasonable, though perhaps slightly on the higher side. Similar properties in the area have sold for prices ranging from £76,000 to £170,000. The average price per square foot in the area is £252, while this property’s price per square foot is considerably lower. This discrepancy may be attributed to the property’s condition and size. However, the lack of plot size information for comparable properties makes a precise comparison difficult.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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