Nesbits says ..

Property Oracle says ..

This two-bedroom ground floor apartment located on Lombard Street in Old Portsmouth presents a mixed bag. Its strong point is undoubtedly the location. Situated in the heart of Old Portsmouth, it offers easy access to the city’s historic attractions, restaurants, shops, and the vibrant harbour area. The proximity to Portsmouth Cathedral and excellent transport links via Portsmouth Harbour station add significant appeal.

However, the property’s condition is a more concerning factor. While not dilapidated, the property shows signs of age, most notably in the kitchen and living areas. The carpets appear dated, and while the bathroom looks reasonably modern, a general refurbishment would likely enhance its value and market appeal. The absence of a garden and a small plot size is a further consideration for potential buyers who may place a high value on outdoor space.

The list price requires careful scrutiny. While comparable to some other properties in the area, potential buyers should factor in the cost of renovation and modernisation to fully assess the overall value proposition. The square footage is a notable element when considering the price. The fact this is an apartment, rather than a house, may also affect buyers’ perception of value for money. Overall, the property offers a convenient location but needs careful assessment regarding renovations and overall investment required.

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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