McHugh & Co says ..

Property Oracle says ..

The property is a three-bedroom terraced house located in the Copnor area of Portsmouth. The list price is £150,000, and the property has a plot size of 1,051 sqft. The average house price in the area is significantly higher at £280,697, with an average price per sqft of £275. This suggests that the list price of this property may represent good value for money, especially considering the need for renovation. The property’s location is positive; it is within a reasonable distance of several schools rated ‘Good’ by Ofsted, and several train stations providing links to Portsmouth and Southsea. Images show that the property is in need of significant renovation. The interior shows evidence of damage and wear, including exposed brickwork, damaged ceilings, and outdated fixtures and fittings. This will significantly increase the cost of purchase. The property benefits from a garden, although the images suggest it requires some attention. Considering the need for substantial renovation, the relatively low list price compared to local averages, and the acceptable location, the property presents a potentially worthwhile investment for a buyer willing to undertake a renovation project. However, potential buyers should factor in the considerable cost of renovation works.

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

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