Spence Willard says ..

Property Oracle says ..

Cowes is a popular seaside town on the Isle of Wight, known for its sailing and maritime history. The property’s location on Shepards Wharf Marina offers waterside views and proximity to the town’s amenities. Several primary schools with good Ofsted ratings are within a reasonable distance, making it potentially attractive to families. However, information on public transportation is lacking, which could be a drawback for some buyers.

Based on the provided images, the property appears to be in need of some modernisation. The carpets and décor look dated, and the kitchen and bathroom could benefit from an update. While structurally sound, the overall condition suggests a need for some improvements to bring it up to a modern standard. The lack of a garden is also a consideration.

The list price of £185,000 is significantly below the average price of £312,000 for the area. However, the average price per square foot is £252, and this property is smaller than average at 667.36 sqft. Considering its condition and the lack of outdoor space, the price may reflect the need for modernisation. However, further comparative analysis of similarly sized and styled properties in the area would be required to fully assess the price’s reasonableness. The nearby listings show a wide range of prices, making it difficult to definitively assess the value without more detailed information on the comparable properties.

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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