ROK Marsh says ..

Property Oracle says ..

This 2-bedroom maisonette on Greywell Road in Havant, Hampshire, presents a mixed bag for prospective buyers. Located in Battins, it offers convenient access to Havant train station and several schools, suggesting a decent location. However, the property is in need of substantial renovation. The photos reveal outdated fixtures, cosmetic damage to walls, and potential damp issues. The kitchen and bathrooms require complete modernisation. The lack of a garden or significant outdoor space is a notable drawback. While the listing price of £120,000 appears competitive in the context of nearby properties, it’s crucial to factor in the extensive renovation costs needed before the property would be habitable or easily rentable. Buyers should budget for substantial expenditure to rectify the property’s condition and enhance its marketability. Potential investors could look at the property as a potentially good return if they’re willing to fully renovate the property and bring it up to market standards. Overall, this property presents an opportunity for someone willing to undertake a significant renovation project, however, it is not suitable for those looking for a move-in ready home. The lack of detailed information regarding the precise square footage of the property and comparable properties on Greywell Road limits a definitive analysis of the value for money proposition. Therefore a buyer should conduct thorough research and obtain professional assessments before making an offer.

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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