Buying your property on the Isle of Wight

Buying a property, whether for the first time or as a seasoned homeowner, can be surprisingly easy. But not always.

If you are thinking of moving to the Isle of Wight you will find it a beautiful place to live. Once thought of as primarily as a place to retire to, it now attracts a broad range of people wanting to call it home including commuters, holidaymakers and those seeking to make a lifestyle change.

Where on the island you decide to look will depend on different factors that will be entirely personal to your own needs and wants. It may be that you plan to get away from it all and would be happiest living in a rural location or you may be a city dweller at heart in which case you may find yourself more at home in one of the Islands busy towns which, if coming from the mainland, will probably still be more relaxed than the ones you are used to. If you are looking for a balance between the two you may want to consider some of the smaller villages that sit just outside of the main towns. Close to our base here in Ryde that would include Havenstreet, Newchurch, St. Helens, Seaview and Nettlestone.

Once you know what you want from your move, it is wise to narrow your search to specific towns and villages that will suit your requirements rather than try and take on the whole island. Your first consideration may be which side of the island to live, west or east? Broadly speaking the west of the island will offer a greater amount of open countryside and is ideal for those seeking a rural location whilst to the east are the popular seaside towns that include Ryde, Shanklin, Sandown, Ventnor and Cowes which can be tourist hotspots in the summer.

Mainland communications can be very important. The main access points to the Island are through Yarmouth, Cowes and Fishbourne (Ryde) by car ferry, Cowes and Ryde by passenger ferry and Ryde by Hovercraft. As you can see, the east of the Island has come off best here and so if easy access to the mainland is important that may be something consider. The local rail network consists of a train service running from Ryde Pier Head to Shanklin via Sandown. There are also numerous bus routes but it is worth making enquiries of what exactly is available in your chosen area as the service is typically more limited when away from the main town centres.

One of the great appeals to living on the Isle of Wight is that you are surrounded by such a rich architectural history. If you are keen to purchase a period home then there are many fine properties to found in most price ranges. If you see one you like it is worth checking whether the property is a listed building and whether it may be in a conservation area. Both fine things to be but, if either is the case, you should expect that there will be constraints on what changes you can make to the property in order to preserve its historic importance. It is also worth noting that leasehold houses are not uncommon particularly in areas such as Ryde. This stems from the history of how the town evolved. Where a house is leasehold, it is commonly for 999 years which will see any of us out!

Schooling is always important to many home buyers and you will find a good choice available to you. Currently there are forty one state maintained Primary schools, seven state maintained secondary schools and two private schools, one of which is in Whippingham, East Cowes and the other in Ryde.

There is a strong rental market on the Isle of Wight and it is an ideal place to invest in property if you are considering a buy to let purchase. As is common, letting is carried out on an Assured Shorthold Tenancy basis. Our sister company Island Lettings can talk you though what type of property is most in demand on 01983 521112. Some people favour the idea of purchasing a property that they can holiday let. This can work well but requires the correct type of property which we can happily discuss with you.

Living on the Isle of Wight is an enriching experience. Along with fresh air and an easier pace of life we can offer the beauty of the sea that is never far away, open countryside, historic Georgian and Victorian towns, the culture of theatres, music and literary festivals and, of course, the fabulous weather that you would expect from the country’s most southerly tip.

Time to make a move? To discuss your next home, call us now on 01983 616000.

 

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