IDEAL RETIREMENT HOME * LAKE
TH

IDEAL RETIREMENT HOME * LAKE

By The Wright Estate Agency

£ 115,000

Reviews

2 out of 5 stars

The Wright Estate Agency says ..

This ground floor apartment forms part of a popular purpose-built block designed specifically for the over 55's. Bayview Court is located close to the Cliff Path with access to the beach and is on a bus route with a regular service between Shanklin and Sandown. The well presented accomm...

Property Oracle says ..

This one-bedroom ground floor apartment in Lake, Isle of Wight, is marketed as an ideal retirement home. The property is part of Bayview Court, a purpose-built development for the over 55s. It boasts a convenient location, close to the Cliff Path, beaches, and a regular bus route connecting Shanklin and Sandown. Nearby train stations also provide easy access to other areas of the island. The property itself features a living area, kitchen, bedroom, and bathroom. The interior decor appears to be dated, which although clean, might require updates to appeal to a broader range of buyers. Photos show that the apartment benefits from a small patio and access to communal garden area. The list price is in line with other similar properties in the vicinity, suggesting a competitive offering within the local market for this type of property. Overall, the property presents a suitable option for a retiree or buyer seeking a relatively affordable, convenient apartment on the Isle of Wight, particularly in a location with good access to coastal walks and amenities, though potential buyers should be aware of the interior’s dated style.

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
6
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
667.36

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
288,966.88 £
Increased by 65.90 %
from 174,180.96 £
Average area rental value
1,300.00 £/mo
Decreased by 23.48 %
from 1,699.00 £/mo
Est letting value
667.36 £/mo
Unchanged by 0.00 %
from 667.36 £/mo
Est rental Yield
3.62 %
Decreased by 27.16 %
from 4.97 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • The Wright Estate Agency marked this listing as sold.

  • The Wright Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
Gatten And Lake Primary SchoolCommunity SchoolGood0.66 KM
Broadlea Primary SchoolCommunity SchoolGood0.89 KM
The Bays Children'S CentreChildren's Centre1.76 KM
The Bay Church Of England SchoolVoluntary Controlled SchoolGood1.94 KM
St Blasius Shanklin Cofe Primary AcademyAcademy Sponsor LedGood2.10 KM

Images

Main.jpeg Lounge1.jpg BedA.jpg Kitchen.jpg Lounge2.jpg ShowerRoom.jpg BedB.jpg CommGarden.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Deans Close £ 240,00000.00 KM
Cross Road £ 000.00 KM
Plover Close £ 275,00000.00 KM
Lea Road £ 000.00 KM
The Glade £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lake5504LKE0.51 KM
Shanklin5529SHN1.55 KM
Sandown5525SAN1.74 KM
Brading5530BDN5.19 KM
Smallbrook Junction5494SAB7.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
IDEAL RETIREMENT HOME * LAKE £ 115,000BUY5 / 100.00 KM
Sandown Road, Sandown, Isle of Wight £ 150,000BUY5 / 100.01 KM
Sandown Road, Sandown, Isle of Wight £ 100,000BUY6 / 100.01 KM
Sandown Road, Sandown, Isle of Wight £ 109,500BUY6 / 100.01 KM
Sandown Road, Sandown, Isle of Wight £ 99,500BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
102 Sandown Road £ 105,0000.01 KM
127 Sandown Road £ 245,0000.10 KM
141 Sandown Road £ 250,0000.10 KM
139 Sandown Road £ 170,0000.10 KM
131 Sandown Road £ 207,5000.10 KM