Strutt & Parker says ..

Property Oracle says ..

This property is a 5 bedroom detached house on Yew Tree Road, Hayling Island. It’s a substantial property with a large plot size of 3,692.02 sqft, which is equal to the square footage of the house itself.

The property benefits from a fantastic location in Hayling West, close to several highly-rated schools including Mill Rythe Junior School (Outstanding) and Mill Rythe Infant School (Good), both within a short distance. The proximity to Hayling Island’s amenities and the relative ease of access to transport links via nearby train stations such as Warblington and Havant, add to its appeal.

Based on the images provided, the property appears to be in excellent condition. It’s a charming period property that has been beautifully maintained and updated, showcasing a blend of traditional and modern features. The exposed beams, thatched roof, and traditional features are complemented by a modern kitchen and updated bathrooms. The property appears well-maintained and cared for, indicating a high standard of upkeep.

The list price of £995,000 is significantly higher than the average house price in the area (£464,445). However, considering the size (3,692.02 sqft), the exceptional condition, the desirable location, and the substantial plot size, the price may be justified. The average price per sqft in the area is £397.00, while this property’s implied price per sqft is considerably higher. However, the unique character and features of this period property, coupled with its large land area, could command a premium price. The lack of sqft data for nearby properties makes a definitive price comparison challenging. Further analysis of comparable properties in the area with similar features would be needed to fully assess the value.

The property includes a large garden with a pond, adding significant value. The inclusion of a separate annexe further increases the property’s overall desirability and potential rental income.

In summary, this property presents a compelling combination of location, condition, land size, and unique features. While the list price is high relative to the area average, the property’s characteristics and the premium commanded by similar high-value properties on Hayling Island could justify the asking price. A detailed comparison with similar properties sold recently in the area would provide a more precise valuation.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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