Wellington Road, Ryde, Isle Of Wight, PO33
FO

Wellington Road, Ryde, Isle Of Wight, PO33

By Fox & home

£ 150,000

Reviews

2 out of 5 stars

Fox & home says ..

This semi detached bungalow is offered for sale as a project for either a builder or someone wanting a home to put their own stamp on. The property requires a new kitchen, bathroom, rewiring and probably a new heating system. The gardens are overgrown. Chain free. Cash Buyers Only.

Property Oracle says ..

This 2-bedroom semi-detached bungalow located on Wellington Road, Ryde, Isle of Wight, presents itself as a significant renovation project. The property’s current state necessitates substantial investment in modernising the kitchen, bathroom, electrics, and potentially the heating system. The internal photographs depict outdated fixtures, fittings, and significant wear and tear. The exterior, while showing the potential for a garden, reveals considerable overgrowth, requiring landscaping and clearing.

The location in Ryde offers benefits such as proximity to the sea and local amenities. The presence of several nearby schools rated ‘Good’ by Ofsted is a plus for families. The relatively close proximity to several railway stations provides access to transport links. However, the significant price variance among properties in the neighbouring streets suggests that the desirability of this specific location on Wellington Road warrants further consideration.

The listing explicitly states that the property is cash buyer-only, which is a potential drawback for some buyers and indicates a degree of risk associated with the transaction.

Overall, this property is suitable for buyers seeking a renovation project who have experience in property improvements or access to contractors, or builders. The extensive work needed must be factored into the final purchase decision.

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
6
Condition
3
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
7,868.42

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
431,250.00 £
Increased by 5.19 %
from 409,967.00 £
Est sale value
3,407,025.86 £
Increased by 65.90 %
from 2,053,657.62 £
Average area rental value
1,300.00 £/mo
Decreased by 23.48 %
from 1,699.00 £/mo
Est letting value
7,868.42 £/mo
Unchanged by 0.00 %
from 7,868.42 £/mo
Est rental Yield
3.62 %
Decreased by 27.16 %
from 4.97 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Fox & home marked this listing as sold.

  • Fox & home created the listing.

Nearby Schools

NameTypeOfstedDistance
Greenmount Primary SchoolCommunity SchoolGood0.54 KM
Ryde AcademyAcademy Sponsor LedGood0.63 KM
Binstead Primary SchoolCommunity SchoolGood0.77 KM
Haylands Primary SchoolCommunity SchoolGood1.45 KM
Ryde School With Upper ChineOther Independent School1.47 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Play Lane £ 000.00 KM
Victory Close £ 000.00 KM
Pear Tree Close £ 278,25000.00 KM
Stonepitts Close £ 575,00000.00 KM
Cemetery Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ryde Esplanade5542RYD2.50 KM
Ryde St Johns Road5543RYR2.58 KM
Ryde Pier Head5541RYP2.85 KM
Smallbrook Junction5494SAB3.12 KM
Brading5530BDN6.71 KM

Nearby Listings

AddressPriceTypeScoreDistance
BINSTEAD £ 257,500BUY6 / 100.10 KM
Trafalgar Drive, Ryde, Isle of Wight, PO33 £ 299,950BUY7 / 100.11 KM
Winston Avenue, Ryde, Isle of Wight, PO33 £ 260,000BUY6 / 100.13 KM
Wellington Road, Ryde, Isle of Wight, PO33 £ 250,000BUY7 / 100.14 KM
BINSTEAD £ 270,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
59 Wellington Road £ 167,5000.00 KM
51 Wellington Road £ 235,0000.00 KM
61 Wellington Road £ 215,0000.00 KM
49 Wellington Road £ 170,0000.00 KM
63 Wellington Road £ 177,9500.00 KM