Arthur Wheeler Estate Agents says ..

Property Oracle says ..

The property is a 2-bedroom ground floor flat located in Shanklin, Isle of Wight. The list price is £149,950. The property benefits from a good location, being close to Shanklin train station (0.49km) providing links to other parts of the Island. There are also several well-regarded primary schools within a reasonable distance, including Gatten And Lake Primary School (0.42km) and St Blasius Shanklin Cofe Primary Academy (1.04km), both rated ‘Good’ by Ofsted. This makes the property attractive to families. Based on the provided images, the property appears to be in reasonable condition, although some modernisation might enhance its appeal. The kitchen and bathroom show their age and could benefit from updating. The property has a small garden area, offering some outdoor space. Considering the average price per square foot in the area (£252) and the property’s size (600 sqft), a rough estimate of the property’s value would be around £151,200. However, the average property price in the area (£312,000) and the average size (1234 sqft) significantly differ from this property. The list price of £149,950 is therefore relatively low compared to other properties in the area, particularly semi-detached houses. This suggests that the price may represent good value, considering its size and location, although potential buyers should factor in the cost of potential renovations. The lack of plot size information makes it difficult to accurately assess the land score. The available images show a small garden area, which is a positive aspect.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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