Spence Willard says ..

Property Oracle says ..

The property is located in Cowes, Isle of Wight, a popular seaside town on the south coast of England. Cowes is known for its sailing and maritime history, hosting the annual Cowes Week regatta. The Esplanade Walk location offers stunning sea views, as shown in the provided photographs. The proximity to Cowes town centre and ferry links to Southampton provides convenient access to amenities and transportation. Several good-rated primary and secondary schools are within a reasonable distance, making it an attractive location for families. The street, Esplanade Walk, has an average price significantly higher than the Cowes average, suggesting a desirable area.

Based on the images, the property appears to be in excellent condition. It has been recently renovated or refurbished to a high standard, with modern fixtures and fittings throughout. The kitchen and bathrooms are contemporary and well-equipped, and the living areas are spacious and well-presented. There is no visible evidence of any significant repairs or renovations needed.

The property does not appear to have a substantial plot size. The listing indicates a plot size of 0.00 sqft. However, the property benefits from a balcony or terrace offering sea views.

The list price of £695,000 is considerably higher than the average house price in Cowes (£312,000). However, this is justifiable considering the property’s prime location on Esplanade Walk with uninterrupted sea views, its excellent condition, and the high average price per sqft of properties on the same street (£925,000). The average price per sqft in Cowes is £252, while nearby comparable properties, though limited in data, support the higher price point given the premium location and condition. The lack of plot size is a factor to consider, but the exceptional views and quality of the property likely offset this.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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