Island View Close, Milford on Sea
CO

Island View Close, Milford on Sea

By Collins & Butler LTD

£ 849,950

Reviews

2 out of 5 stars

Collins & Butler LTD says ..

One of few remaining opportunities to acquire a very original, unaltered chalet bunglow in this highly sought after cul de sac, literally moments from the seafront at Milford on Sea. The property offers excellent scope for enlargement and improvement, subject to planning permission.

Property Oracle says ..

Island View Close, Milford on Sea is located in a desirable area of the New Forest in Hampshire. The proximity to Milford-on-Sea Church of England Primary School (1.38 KM) and other well-regarded schools within a reasonable distance makes this location attractive to families. The area also benefits from its coastal location and relative closeness to Lymington Town and its railway station (6.94 KM), providing convenient access to other towns and cities.

Based on the provided images, the property is in need of significant renovation. The interior shows dated decor, worn flooring, and requires modernisation throughout. The kitchen and bathroom are particularly in need of updating. The overall condition suggests a substantial amount of work will be required to bring the property up to modern standards.

The property includes a garden, which appears to be of a reasonable size, offering some outdoor space. However, the exact dimensions are not provided, making it difficult to give a precise assessment of its size relative to other properties in the area.

Considering the list price of £849,950, the average price in the area of £650,324, and the average price per square foot of £466, the property appears overpriced. While the location is desirable and the property has a garden, the condition necessitates significant renovation costs. The lack of plot size information also impacts the price assessment. Properties in similar locations, but in better condition, command higher prices, thus indicating that this property is likely overpriced given its current state. Further investigation into comparable properties in a similar condition would be needed to confirm this assessment.

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
4
Condition
3
Location
8
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
1,511.25

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
817,850.00 £
Increased by 32.75 %
from 616,100.00 £
Est sale value
752,602.50 £
Increased by 9.93 %
from 684,596.25 £
Average area rental value
2,429.00 £/mo
Increased by 45.28 %
from 1,672.00 £/mo
Est letting value
1,511.25 £/mo
Unchanged by 0.00 %
from 1,511.25 £/mo
Est rental Yield
3.56 %
Increased by 9.20 %
from 3.26 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Collins & Butler LTD created the listing.

Nearby Schools

NameTypeOfstedDistance
Milford-On-Sea Church Of England Primary SchoolAcademy Converter1.38 KM
Our Lady And St Joseph Catholic Primary SchoolVoluntary Aided SchoolGood4.54 KM
Hordle Cofe (Va) Primary SchoolVoluntary Aided SchoolOutstanding4.76 KM
Pennington Infant SchoolCommunity SchoolGood4.84 KM
All Seasons And Seedlings Children'S CentreChildren's Centre4.84 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
White Horse Lane £ 000.00 KM
Milford Place £ 000.00 KM
New Lane £ 000.00 KM
Northfield Road £ 000.00 KM
Aubrey Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lymington Town5887LYT6.94 KM
Lymington Pier5892LYP7.46 KM
Sway5884SWY7.49 KM
New Milton5881NWM8.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Island View Close, Milford on Sea £ 849,950BUY5 / 100.00 KM
Island View Close, Milford on Sea, Lymington, SO41 £ 1,380,000BUY7 / 100.01 KM
Island View Close, Milford on Sea, Lymington, SO41 £ 1,245,000BUY8 / 100.15 KM
Castle Close, Milford on Sea, Lymington, Hampshire, SO41 £ 699,950BUY7 / 100.18 KM
Grebe Close, Milford on Sea £ 675,000BUY7 / 100.20 KM

Nearby Properties

AddressPriceDistance
22 Island View Close £ 125,0000.00 KM
1 Island View Close £ 1,250,0000.00 KM
29 Island View Close £ 635,0000.00 KM
16 Island View Close £ 495,0000.00 KM
6 Island View Close £ 435,0000.07 KM