Clarence Parade, Southsea, PO5
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Clarence Parade, Southsea, PO5

By Express Estate Agency

£ 110,000

Reviews

3 out of 5 stars

Express Estate Agency says ..

We are proud to offer this One Bedroom Retirement Flat – all interest and OFFERS are INVITED.*Guide Price £120,000 - £110,000*

Property Oracle says ..

This property is a retirement property located in Southsea, Portsmouth. The apartment itself is relatively small at 388 sqft, with one bedroom and one bathroom. While the images show the property to be clean and well-maintained, the decor is dated and may require some updating to appeal to a broader range of buyers. The kitchen and bathroom are functional but appear to be original and could benefit from modernization. The location is good, with proximity to transportation links and schools. However, the list price of £110,000 is significantly lower than the average price for the area (£378,775), and even considering the smaller size and retirement property status, it may still be considered undervalued. The average price per sqft in the area is £375, while this property is listed at approximately £283 per sqft. There is limited information on the plot size, so a definitive assessment of land value is not possible. Overall, the property presents a potential opportunity for buyers seeking an affordable retirement property in a convenient location, but potential buyers should factor in the costs of potential renovations and updating.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
9
Condition
7
Location
8
Land
4
Bedrooms
1
Bathrooms
1
Sqft (est)
388.04
Lot (est)
472.54

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
190,742.00 £
Decreased by 45.70 %
from 351,292.00 £
Est sale value
140,082.44 £
Decreased by 1.10 %
from 141,634.60 £
Average area rental value
1,259.00 £/mo
Decreased by 5.12 %
from 1,327.00 £/mo
Est letting value
776.08 £/mo
Increased by 100.00 %
from 388.04 £/mo
Est rental Yield
7.92 %
Increased by 74.83 %
from 4.53 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Express Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
Portsmouth High SchoolOther Independent School0.43 KM
St John'S CollegeOther Independent School0.76 KM
Cottage Grove Primary SchoolAcademy Converter0.91 KM
St Jude'S Cofe Primary SchoolVoluntary Controlled SchoolGood1.05 KM
The Portsmouth Grammar SchoolOther Independent School1.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Duisburg Way £ 000.00 KM
Sussex Road £ 000.00 KM
Queens Way £ 000.00 KM
Regent Place £ 340,00000.00 KM
Kent Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Portsmouth And Southsea5537PMS1.57 KM
Portsmouth Harbour5540PMH2.21 KM
Fratton5509FTN2.42 KM
Hilsea5539HLS6.13 KM
Cosham5896CSA6.97 KM

Nearby Listings

AddressPriceTypeScoreDistance
Clarence Parade, Southsea, PO5 £ 110,000BUY7 / 100.00 KM
Clarence Parade, Southsea, PO5 £ 145,000BUY6 / 100.00 KM
Clarence Parade, Southsea £ 225,000BUY5 / 100.00 KM
Clarence Parade, Southsea £ 127,400BUY5 / 100.00 KM
Clarence Parade, Southsea £ 285,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
36 Osborne Road £ 126,5000.10 KM
46a Osborne Road £ 28,5000.10 KM
29c Osborne Road £ 130,0000.10 KM
29b Osborne Road £ 119,9950.10 KM
3 Richmond Terrace £ 615,0000.10 KM