Spence Willard says ..
A fine historic house retaining many original features that has been renovated with an adjacent annexe/ holiday let and 2 shepherd's huts with great earning potential, situated in a downland village
Property Oracle says ..
This property in Shorwell, Isle of Wight, presents a unique opportunity. It’s a charming farmhouse, tastefully renovated while retaining its original character. The interior boasts exposed beams, stonework, and a blend of modern and traditional features. The property’s five bedrooms and four bathrooms cater to larger families. The inclusion of an annexe and two shepherd’s huts is a notable feature, offering potential for a holiday let or additional rental income streams. This adds significant value to the property beyond its residential use.
The rural location of Shorwell offers tranquility and proximity to the island’s beautiful coast. However, the distance to amenities and schools might be a drawback for some buyers. The lack of detailed plot size information in the listing needs clarification, but the visual evidence suggests a modest to moderate garden area.
The property’s price reflects its unique features, size, and potential for additional income streams, making it an attractive investment property for buyers seeking a balance between a family home and a business venture. The investment potential may outweigh concerns about the distance to amenities for those prioritizing a secluded rural setting. However, the price point remains relatively high and requires additional scrutiny when comparing to other properties in similar areas of the UK. Further due diligence on comparable properties is essential before purchasing.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 7
- Land
- 4
- Bedrooms
- 5
- Bathrooms
- 4
- Sqft (est)
- 1,840.63
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 %
- Est sale value
- 796,992.79 £Increased by 65.90 %
- Average area rental value
- 1,300.00 £/moDecreased by 23.48 %
- Est letting value
- 1,840.63 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.62 %Decreased by 27.16 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Spence Willard created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brighstone Church Of England Aided Primary School | Voluntary Aided School | Requires improvement | 4.70 KM |
| Chillerton And Rookley Primary School | Community School | Requires improvement | 5.31 KM |
| St Thomas Of Canterbury Catholic Primary School | Voluntary Aided School | Good | 7.19 KM |
| Carisbrooke College | Foundation School | Requires improvement | 7.37 KM |
| Christ The King College | Voluntary Aided School | Requires improvement | 7.45 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Paddock Close | £ 565,000 | 0 | 0.00 KM |
| Russell Road | £ 400,000 | 0 | 0.00 KM |
| Main Road | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Farriers Way, Shorwell, Newport | £ 425,000 | BUY | 6 / 10 | 0.03 KM |
| Farriers Way, Shorwell, Newport | £ 365,000 | BUY | 6 / 10 | 0.04 KM |
| Farriers Way, Shorwell, Newport, Isle of Wight | £ 400,000 | BUY | 7 / 10 | 0.07 KM |
| Shorwell, Isle of Wight | £ 395,000 | BUY | 6 / 10 | 0.09 KM |
| Shorwell, Isle of Wight | £ 365,000 | BUY | 7 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Elm Cottage | £ 435,000 | 0.04 KM |
| Stone Place Farm | £ 375,000 | 0.04 KM |
| Downsview | £ 265,000 | 0.07 KM |
| Meadfoot | £ 225,000 | 0.07 KM |
| Springfield | £ 230,000 | 0.07 KM |