Pearsons says ..

Property Oracle says ..

The property is a retirement property located in Southsea, Portsmouth.

The apartment is 407 sqft with one bedroom and one bathroom.

The list price is £65,000.

The property appears to be in good condition, with a recently modernised kitchen and bathroom. The living area is well presented and the apartment benefits from a communal garden. The property is conveniently located near several schools, including Ark Charter Academy and Ark Ayrton Primary Academy (both rated \‘Good\’ by Ofsted), and is within walking distance of Southsea train station, providing easy access to Portsmouth city centre and other areas.

Given the average price per sqft in the area is £374, and this property is listed at £65,000, this represents a price per sqft of approximately £160. This is significantly lower than the average for the area, suggesting the price may represent good value. However, the lack of plot size information and the specific nature of it being a retirement property need to be considered. Nearby comparable retirement properties are listed between £55,000 and £90,000.

Based on the provided information, the property appears to be reasonably priced considering its location, condition and the local market. The smaller size and retirement property designation are factors to consider when assessing value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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