McHugh & Co says ..

Property Oracle says ..

This three-bedroom property in Fratton, Portsmouth is listed at £110,000. The property requires significant renovation and is in poor condition, as evidenced by the provided photographs showing damaged walls, ceilings, and outdated fixtures. The garden is overgrown and neglected. While the location is near schools and transportation (Fratton train station is approximately 1.71km away), the property’s condition significantly impacts its overall value. Comparable properties in the area are listed at much higher prices, suggesting that the list price of £110,000 might be undervalued if the property were renovated. However, given its current state, the price may reflect the extensive work needed. The lack of square footage data prevents a precise price-per-square-foot comparison, but the average price per square foot in the area is £274, indicating that the property may be underpriced if renovated but fairly priced given its current condition.

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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