Madeira Road, Ventnor, Isle of Wight
HO

Madeira Road, Ventnor, Isle of Wight

By Hose Rhodes Dickson

£ 159,950

Reviews

2 out of 5 stars

Hose Rhodes Dickson says ..

A vacant 3-bedroom semi-detached house on Madeira Road. The property comprises a spacious living room leading through to a dining room, and further into the kitchen. A convenient downstairs WC is also located on the ground floor. Upstairs, there are three bedrooms and a family bathroom, providing...

Property Oracle says ..

This 3-bedroom semi-detached house in Ventnor, Isle of Wight, presents a mixed opportunity. The property is situated in a desirable coastal location with access to local amenities, schools, and train links (Isle of Wight Island Line). However, the property requires extensive modernisation and renovation. The interior décor and fixtures are dated, and potential maintenance issues warrant careful consideration. The limited plot size with a relatively small garden does not provide vast outdoor space. The photographs indicate that the property needs significant updating throughout, from the kitchen and bathrooms to the interior design. While the price may appear competitive at first glance, when factoring in necessary renovations and uncertain plot size, the overall value must be evaluated carefully. Potential buyers should consider the substantial costs involved in modernising the property before committing to a purchase. A thorough survey is recommended to assess the structural condition and identify potential hidden costs. Buyers should also confirm whether the reported plot size of 0.00 is an error or represents the reality of the land area.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
3
Bedrooms
3
Bathrooms
1
Sqft (est)
1,278.75

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
553,698.75 £
Increased by 65.90 %
from 333,753.75 £
Average area rental value
1,300.00 £/mo
Decreased by 23.48 %
from 1,699.00 £/mo
Est letting value
1,278.75 £/mo
Unchanged by 0.00 %
from 1,278.75 £/mo
Est rental Yield
3.62 %
Decreased by 27.16 %
from 4.97 %
Crime Rate
39.00 %
Unchanged by 0.00 %
from 39.00 %

Agent Activity

  • Hose Rhodes Dickson created the listing.

Nearby Schools

NameTypeOfstedDistance
Ventnor Children'S CentreChildren's Centre Linked Site0.88 KM
St Catherine'S SchoolNon-maintained Special SchoolGood1.29 KM
The Island Free SchoolFree SchoolsGood2.50 KM
St Francis Catholic And Church Of England Primary AcademyAcademy Sponsor Led2.74 KM
Wroxall Primary SchoolCommunity SchoolRequires improvement3.59 KM

Images

Picture No. 01 Picture No. 04 Picture No. 03 Picture No. 02 Picture No. 05 Picture No. 06 Picture No. 07 Picture No. 08 Picture No. 09 Picture No. 10 Picture No. 18 Picture No. 12 Picture No. 17 Picture No. 11 Picture No. 14

Nearby Streets

NameAverage PriceAverage SqftDistance
The Drive £ 000.00 KM
Trinity Road £ 000.00 KM
Bay Court £ 000.00 KM
East Street £ 125,00000.00 KM
Kent Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Shanklin5529SHN4.54 KM
Lake5504LKE6.47 KM
Sandown5525SAN7.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Madeira Road, Ventnor, Isle of Wight £ 159,950BUY5 / 100.00 KM
Madeira Road, Ventnor, Isle of Wight, PO38 £ 470,000BUY6 / 100.02 KM
Madeira Road, Ventnor £ 339,500BUY7 / 100.02 KM
Ventnor, Isle of Wight £ 210,000BUY5 / 100.05 KM
Spring Gardens, Ventnor £ 500,000BUY7 / 100.05 KM

Nearby Properties

AddressPriceDistance
27 Madeira Road £ 22,0000.02 KM
40a Madeira Road £ 205,0000.02 KM
37b Madeira Road £ 275,0000.02 KM
19 Madeira Road £ 205,0000.02 KM
40c Madeira Road £ 170,0000.02 KM