Shorwell, Isle Of Wight
SP

Shorwell, Isle Of Wight

By Spence Willard

£ 995,000

Reviews

3 out of 5 stars

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 %
from 409,967.00 £
Est sale value
796,992.79 £
Increased by 65.90 %
from 480,404.43 £
Average area rental value
1,300.00 £/mo
Decreased by 23.48 %
from 1,699.00 £/mo
Est letting value
1,840.63 £/mo
Unchanged by 0.00 %
from 1,840.63 £/mo
Est rental Yield
3.62 %
Decreased by 27.16 %
from 4.97 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Spence Willard created the listing.

Nearby Schools

NameTypeOfstedDistance
Brighstone Church Of England Aided Primary SchoolVoluntary Aided SchoolRequires improvement4.70 KM
Chillerton And Rookley Primary SchoolCommunity SchoolRequires improvement5.31 KM
St Thomas Of Canterbury Catholic Primary SchoolVoluntary Aided SchoolGood7.19 KM
Carisbrooke CollegeFoundation SchoolRequires improvement7.37 KM
Christ The King CollegeVoluntary Aided SchoolRequires improvement7.45 KM

Images

Front Sitting Room Sitting Room Hallway Drawing Room Drawing Room Kitchen Kitchen/Living Room Landing Bedroom 1 Bedroom 2 Bathroom Bedroom 3 View to the rear Front Interior of Shepherd Hut The Cart Shed The Cart Shed- Kitchen/Dining/Living Room The Cart Shed - Kitchen Area The Cart Shed - Bedroom Front Elevation Garden Shepherd's Huts Shepherd's Hut BBQ area View Rear Elevation Rear Elevation

Nearby Streets

NameAverage PriceAverage SqftDistance
Paddock Close £ 565,00000.00 KM
Russell Road £ 400,00000.00 KM
Main Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Farriers Way, Shorwell, Newport £ 425,000BUY6 / 100.03 KM
Farriers Way, Shorwell, Newport £ 365,000BUY6 / 100.04 KM
Farriers Way, Shorwell, Newport, Isle of Wight £ 400,000BUY7 / 100.07 KM
Shorwell, Isle of Wight £ 395,000BUY6 / 100.09 KM
Shorwell, Isle of Wight £ 365,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
Elm Cottage £ 435,0000.04 KM
Stone Place Farm £ 375,0000.04 KM
Downsview £ 265,0000.07 KM
Meadfoot £ 225,0000.07 KM
Springfield £ 230,0000.07 KM