Nesbits says ..

Property Oracle says ..

This two-bedroom apartment in Pembroke Park, Old Portsmouth, presents a mixed bag of features. Located in a desirable gated community, it benefits from a convenient position near the sea, schools (St Jude’s Cofe Primary School is particularly close), and various transportation options (Portsmouth and Southsea train station is within walking distance). The apartment’s proximity to Old Portsmouth adds significant character and appeal.

However, the property’s condition shows room for improvement. The interior decor is dated, and while the images do not indicate major structural issues, a degree of modernization and renovation would likely enhance its appeal and market value. The limited land associated with the property, typical of an apartment, is a consideration. While shared outdoor space is available, this does not translate to extensive private land.

In terms of pricing, the listed price of £250,000 falls within the range of similar two-bedroom apartments in Pembroke Park, but a precise price per square foot calculation is hampered by incomplete data from nearby listings. While the price is reasonably competitive, considering the needed renovations, a prospective buyer should factor these costs into their assessment. Overall, this apartment offers a blend of advantageous location features and a need for modernization, demanding a careful evaluation of the renovation costs against its appealing location.

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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