Leaders Sales says ..

Property Oracle says ..

This six-bedroom terraced house situated on Mosaic Lane in Southsea, Portsmouth, offers potential as either a family home or an investment property. Its location in Southsea is attractive, being relatively close to local amenities such as shops, schools, and public transportation including Southsea train station. The proximity to Cottage Grove Primary School and Ark Charter Academy (rated Good by Ofsted) might be of particular interest to families. The property itself appears to be habitable, but the photographic evidence suggests that some refurbishment and updating would enhance its desirability. The interior decor is dated, and modernisation would likely increase the property’s market value. A significant drawback is the apparent lack of any garden or outdoor space, which is a common feature sought after by families and will limit the properties appeal. The listing price of £385,000 seems to fall within the range of similar properties in the area, however more detailed information on the size and condition of nearby comparable properties is needed to provide a fully informed assessment of its value. Overall, this property presents a mixed bag of advantages and disadvantages which will greatly affect how it is perceived by potential purchasers. Buyers should carefully weigh up the pros and cons to determine if it aligns with their needs and budget. Further investigation into the condition of the property, especially hidden factors like the state of the roof, plumbing, and electrics, is strongly advised before committing to a purchase. An independent survey would be essential.

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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