Trigg & Co says ..

Property Oracle says ..

The property is a studio apartment located in Ryde, Isle of Wight. The apartment is situated on Appley Rise, which is relatively close to several amenities. Ryde St Johns Road train station is approximately 1.05km away, offering convenient access to public transportation. Several primary schools are within a reasonable distance, including St Mary’s Catholic Primary School (0.19km) and Oakfield Church of England Aided Primary School (0.53km). The proximity to these amenities contributes to a positive location score. However, the lack of specific information regarding local shops and other places of significance prevents a more definitive assessment of the location’s overall quality. Based on the provided images, the property appears to be in good condition. The interior is clean and well-maintained, with modern fixtures and fittings in the kitchen and bathroom. There is no visible evidence of significant damage or disrepair. The exterior of the building also looks to be in acceptable condition. This suggests a high condition score. The listing specifies a plot size of 0.00 sqft, indicating that the property does not have a private garden. This lack of outdoor space is a significant drawback and will contribute to a low land score. The list price of £87,000 for a 280 sqft studio apartment is significantly lower than the average price of £312,000 for properties in the area. The average price per sqft in the area is £252, while this property’s implied price per sqft is approximately £310.71. While this is higher than the average, the smaller size and lack of land may justify the price difference. However, more detailed local pricing data would be necessary for a complete and accurate assessment of the price’s reasonableness. Therefore, a definitive price score cannot be provided without additional information.

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

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