Institute Hill, Newport Road, Niton, Ventnor
MA

Institute Hill, Newport Road, Niton, Ventnor

By Marvins

£ 275,000

Reviews

2 out of 5 stars

Marvins says ..

A spacious two bedroom semi detached bungalow located within popular Niton village. Being offered as an investment purchase with the benefit of a tenant producing a rental income. This home offer lots of potential and possibility of increasing the size of the current accommodation subject to the ...

Property Oracle says ..

This 2-bedroom bungalow in Niton, Isle of Wight, is listed at £275,000. The property is situated on Newport Road and benefits from being within 0.34km of Niton Primary School, which has a good Ofsted rating. While the average house price in the area is £312,000, this bungalow is smaller (745 sqft) than the average (1234 sqft) and the average price per sqft is £252. The property appears to be in need of some modernisation and updating, as evidenced in the provided images. There is a small garden and a detached garage. Considering its condition, size, and the prices of comparable properties in the area, the asking price seems reasonable.

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
6
Condition
5
Location
7
Land
3
Bedrooms
2
Bathrooms
0
Sqft (est)
745.00

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
322,585.00 £
Increased by 65.90 %
from 194,445.00 £
Average area rental value
1,300.00 £/mo
Decreased by 23.48 %
from 1,699.00 £/mo
Est letting value
745.00 £/mo
Unchanged by 0.00 %
from 745.00 £/mo
Est rental Yield
3.62 %
Decreased by 27.16 %
from 4.97 %
Crime Rate
41.00 %
Unchanged by 0.00 %
from 41.00 %

Agent Activity

  • Marvins created the listing.

Nearby Schools

NameTypeOfstedDistance
Niton Primary SchoolCommunity SchoolGood0.34 KM
Godshill Primary SchoolCommunity SchoolRequires improvement5.94 KM
St Francis Catholic And Church Of England Primary AcademyAcademy Sponsor Led7.17 KM
The Island Free SchoolFree SchoolsGood7.42 KM
Wroxall Primary SchoolCommunity SchoolRequires improvement7.61 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Ivy Close £ 000.00 KM
The Greenway £ 370,00000.00 KM
Priory Walk £ 000.00 KM
Bramble Drive £ 395,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newport Road, Niton, Ventnor £ 270,000BUY6 / 100.00 KM
Institute Hill, Newport Road, Niton, Ventnor £ 275,000BUY5 / 100.00 KM
Niton, Isle of Wight £ 350,000BUYUnknown0.06 KM
Church Street, Niton, Ventnor, Isle of Wight £ 595,000BUY7 / 100.10 KM
High Street, Niton, Ventnor £ 380,000BUY5 / 100.14 KM

Nearby Properties

AddressPriceDistance
Sunrise £ 273,0000.04 KM
Ivy Cottage £ 229,0000.05 KM
Honeysuckle Cottage £ 169,0000.05 KM
Lavender Cottage £ 279,9500.05 KM
3 Howard Close £ 265,0000.10 KM