Michael Rhodes says ..

Property Oracle says ..

This one-bedroom apartment in Romsey, Hampshire, offers a potential opportunity for first-time buyers or investors. Located on Sutherland Close, it benefits from being close to well-regarded primary schools, Cupernham Infant and Junior Schools, both rated ‘Good’ by Ofsted. The proximity to Romsey town centre and the train station provides convenient access to amenities and transportation. The apartment itself appears to be in fair condition based on the pictures. The kitchen and bathroom are functional, although they may benefit from modernization at some point in the future. The apartment is small with an area of 306.77 sqft with no private garden. The absence of a garden or substantial outdoor space is a key characteristic to consider. The asking price of £119,000 sits within the typical range for a similar property in the area given comparable sales in the area and similar properties are on the market at a similar price point. The long lease is an attractive feature for investors. Potential buyers should carefully consider their needs and priorities, taking into account factors such as the property’s size and lack of outdoor space. The lack of specific details (such as lease length and service charges) necessitates a more cautious assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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