Grange Road, Shanklin, Isle of Wight
FI

Grange Road, Shanklin, Isle of Wight

By Fine & Country

£ 600,000

Reviews

3 out of 5 stars

Fine & Country says ..

An excellent opportunity to purchase an attractive guest house in the centre of Shanklin Old Village and continue the thriving and very highly thought of licenced bed and breakfast business with its top rating on TripAdvisor. There is also self contained owners accommodation, private rear garden,...

Property Oracle says ..

This property, listed as Grange Bank House, is presented as an attractive guest house and bed and breakfast located in Shanklin Old Village on the Isle of Wight. The listing highlights the business’s success, suggesting good potential for income generation. The property boasts nine bedrooms and nine bathrooms, indicating a substantial scale for such an establishment. Photos showcase a mix of traditional and contemporary features; some areas are well-maintained and modern, while others exhibit a more traditional aesthetic. The inclusion of owner’s accommodation is a key feature. The property’s location in Shanklin Old Village offers a charming environment near the town centre and amenities. Proximity to the Shanklin railway station and several primary schools with good Ofsted ratings adds to the location’s appeal. The relatively small garden provides an extra outdoor area. However, a critical point is that there’s no square footage provided for the property, which makes a detailed analysis of the value-for-money aspect challenging and requires more data. The price of £600,000 may be justified by the thriving business aspect. Further details on property dimensions and a comprehensive valuation would be crucial for a thorough assessment.

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

Price
6
Condition
7
Location
7
Land
4
Bedrooms
9
Bathrooms
9

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
306,250.00 £
Decreased by 14.50 %
from 358,176.00 £
Average area rental value
938.00 £/mo
Decreased by 9.63 %
from 1,038.00 £/mo
Est rental Yield
3.68 %
Increased by 5.75 %
from 3.48 %
Crime Rate
33.00 %
Unchanged by 0.00 %
from 33.00 %

Agent Activity

  • Fine & Country created the listing.

Nearby Schools

NameTypeOfstedDistance
St Blasius Shanklin Cofe Primary AcademyAcademy Sponsor LedGood0.54 KM
Gatten And Lake Primary SchoolCommunity SchoolGood1.64 KM
Broadlea Primary SchoolCommunity SchoolGood2.47 KM
The Bays Children'S CentreChildren's Centre3.91 KM
The Bay Church Of England SchoolVoluntary Controlled SchoolGood4.16 KM

Images

Lounge New Front En-Suite Shower Room Kitchen Owners Bedroom 1 Rear Garden Rear Garden Old Village Room 4 Room 7 En-Suite Shower Room Internal Lifestyle Photograph En-Suite Shower Room Dining Room Owners Lounge/ Dining Room Driveway Parking Room 7 Dining Room Driveway Parking

Nearby Streets

NameAverage PriceAverage SqftDistance
The Limes £ 199,95000.00 KM
Clarendon Road £ 235,00000.00 KM
Saint Pauls Crescent £ 000.00 KM
Delphi Road £ 000.00 KM
Royal Close £ 260,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Shanklin5529SHN0.91 KM
Lake5504LKE2.73 KM
Sandown5525SAN3.95 KM
Brading5530BDN7.40 KM
Smallbrook Junction5494SAB9.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Grange Road, Shanklin, Isle of Wight £ 600,000BUY6 / 100.00 KM
Grange Road, Shanklin, Isle of Wight, PO37 £ 550,000BUY6 / 100.04 KM
Grange Road, Shanklin £ 105,000BUY6 / 100.04 KM
Grange Road, Shanklin £ 110,000BUY5 / 100.06 KM
Grange Road, Shanklin £ 110,000BUY5 / 100.07 KM

Nearby Properties

AddressPriceDistance
15 Grange Road £ 220,0000.01 KM
9 Grange Road £ 76,0000.01 KM
5 Grange Road £ 470,0000.01 KM
24 Grange Road £ 560,0000.04 KM
22 Grange Road £ 500,0000.04 KM