Marina & Hampshire Life Homes says ..

Property Oracle says ..

Carne Place is a terraced property located in Port Solent, Portsmouth. The property benefits from a desirable location, boasting views of the water and being within a reasonable distance of several railway stations (Portchester, Cosham, Hilsea, Portsmouth and Southsea, and Portsmouth Harbour). Good primary schools such as St Paul’s Catholic Primary School and The Victory Primary School are also relatively close by.

The property itself appears to be in excellent condition based on the provided images. It has been recently modernised and is presented to a high standard. The interior is bright and airy with a modern kitchen and bathrooms. The property also features a private patio area, ideal for outdoor entertaining.

While the plot size is listed as 0.00 sqft, the images show a well-maintained patio area. This is a relatively small outdoor space, but sufficient for a terraced property of this type.

Considering the average price per sqft in the area is £365, and the property is 704.71 sqft, a rough estimate of the expected value would be around £257,000. The list price of £550,000 is significantly higher than this figure. However, the superior condition, modern update, and waterfront views could justify a higher price compared to other properties in the area. Several nearby comparable properties are listed at prices ranging from £125,000 to £825,000, indicating significant price variation within the immediate vicinity. Therefore, a definitive conclusion on the price’s reasonableness relative to the market requires more detailed comparable sales data.

The property is modern and well-maintained, with no apparent need for renovation. Therefore, it does not fall under the “Needs Renovation” or “Period Property” categories. The design and finishes suggest a “Modern” style.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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