Fry & Kent says ..

Property Oracle says ..

The property is a 2-bedroom, 1-bathroom apartment with a total area of 1,044.10 sqft. The listing price is £250,000. This is significantly lower than the average price of £378,775 for the area, and the average price per sqft is £375.00. Considering the property’s location in Southsea, Portsmouth, it benefits from proximity to local shops, bars, and restaurants, as noted in one of the nearby listings. The presence of several schools within a short distance (Southsea Infant School, St Swithun’s Catholic Primary School, and Mayville High School) is a positive factor for families. Furthermore, several South Western Railway stations are within reasonable commuting distance, enhancing the property’s accessibility. The photos suggest the apartment is in relatively good condition. While it may not be brand new, the interior appears clean and well-maintained, with modern amenities such as a fitted kitchen and a recently updated bathroom. There is no evidence of significant repairs or renovations needed. The property description mentions a share of freehold and a garage, which are additional positive aspects. However, the plot size is the same as the property size, suggesting a lack of private outdoor space, which is a potential drawback for some buyers. Given the lower-than-average price, good condition of the property, convenient location, and the inclusion of a garage, the asking price of £250,000 appears reasonable, particularly considering the current market conditions. However, the lack of a substantial garden or private outdoor space could influence the perception of value for some potential buyers.

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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