Your Move says ..

Property Oracle says ..

The property is a retirement property located in Waterlooville, Hampshire. Waterlooville benefits from relatively good transport links with several railway stations within a reasonable distance, providing access to wider areas. The proximity to schools, such as Springwood Infant and Junior Schools, and The Waterloo School, all rated ‘Good’ by Ofsted, is a positive attribute for families, although this is less relevant given the property’s designation as a retirement property.

The images reveal that the property is in need of modernisation. The kitchen and bathroom appear dated and require updating. The décor throughout suggests a tired aesthetic. While the communal garden area appears well-maintained, the interior of the property shows signs of wear and tear.

The list price of £55,000 is significantly lower than the average house price in the area (£369,671). However, it’s important to note that this is a retirement property, and the average price per square foot data is not applicable due to the lack of square footage information for the subject property and the surrounding properties. Without knowing the size of the property, it’s impossible to make a definitive judgment on the value for money. The low price might reflect its condition and the fact that it is a retirement property, potentially attracting a niche market. Further investigation into comparable retirement properties in the area would be necessary to accurately assess the price.

The property includes access to a communal garden area, which is a positive aspect. However, the lack of private outdoor space should be considered.

In summary, this retirement property presents a potentially affordable option, but requires significant modernisation. The location offers reasonable access to amenities and transport, but the condition of the property is a key factor impacting its overall value. Further information on the property’s size is crucial for a complete assessment of its price relative to the market.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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