Fratton Road, Portsmouth, Hampshire, PO1
By Days Lettings Ltd
£ 400,000
Reviews
3 out of 5 stars
Days Lettings Ltd says ..
**BRILLIANT INVESTMENT OPPOURTUNITY**5 BEDROOM HMO**ALL ROOMS FULLY LET**YIELD OF 8.4%**5 DOUBLE BEDROOMS THREE WITH ENSUITES**WELL MAINTAINED THROUGHOUT**FULLY RENOVATED IN 2019**GREAT LOCATION CLOSE TO TRAIN STATION AND LOCAL AMENITIES**
Property Oracle says ..
The property is located on Fratton Road in Portsmouth, Hampshire. The area benefits from relatively close proximity to several railway stations (Fratton being the nearest at 0.81km), making commuting relatively convenient. There are also several schools within a reasonable distance, including Madani Academy and The Portsmouth Academy, both rated ‘Good’ by Ofsted. This positive aspect contributes to a potentially desirable location for families.
Based on the provided images, the property appears to be in good condition. The interior is modern, with recently updated fixtures and fittings in the kitchen and bathrooms. There is no visible evidence of significant wear and tear or the need for major renovations.
The property includes a small decked garden area. While not expansive, the presence of a garden is a positive feature, particularly for a property in an urban area.
The list price of £400,000 for a 1,410 sqft property is significantly higher than the average house price in the area (£193,533) and the average price per sqft (£269). While the property is larger than average (1410 sqft vs 719 sqft average), the price per sqft is considerably higher. The higher price may be justified by the property’s condition, the number of bedrooms and bathrooms (5 bedrooms and 4 bathrooms), and its location near transport links and schools. However, a comprehensive comparison with other similar properties in the area is needed to fully assess the value. The limited plot size (0.00 sqft) may also affect the overall valuation.
Considering all factors, the property presents a mixed picture. The modern condition and convenient location are positive attributes, while the relatively high price per sqft compared to area averages and the lack of significant land require careful consideration.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 5
- Condition
- 9
- Location
- 7
- Land
- 3
- Bedrooms
- 5
- Bathrooms
- 4
- Sqft (est)
- 1,410.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 239,983.00 £Increased by 16.47 %
- Est sale value
- 545,670.00 £Increased by 8.40 %
- Average area rental value
- 1,437.00 £/moIncreased by 29.23 %
- Est letting value
- 2,820.00 £/moIncreased by 100.00 %
- Est rental Yield
- 7.19 %Increased by 10.96 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Days Lettings Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Madani Academy | Other Independent School | Good | 0.26 KM |
| The Portsmouth Academy | Academy Sponsor Led | Good | 0.33 KM |
| Arundel Court Primary Academy And Nursery | Academy Converter | 0.51 KM | |
| Manor Infant And Nursery School | Community School | Good | 0.53 KM |
| Penhale Infant School & Nursery | Academy Converter | 0.60 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Trafalgar Place | £ 0 | 0 | 0.00 KM |
| Common Street | £ 0 | 0 | 0.00 KM |
| Watts Road | £ 240,000 | 0 | 0.00 KM |
| Northam Street | £ 0 | 0 | 0.00 KM |
| Fourth Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Fratton | 5509 | FTN | 0.81 KM |
| Portsmouth And Southsea | 5537 | PMS | 1.55 KM |
| Portsmouth Harbour | 5540 | PMH | 3.41 KM |
| Hilsea | 5539 | HLS | 3.52 KM |
| Cosham | 5896 | CSA | 4.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Fratton Road, Portsmouth, Hampshire, PO1 | £ 400,000 | BUY | 6 / 10 | 0.00 KM |
| Church Road, Portsmouth | £ 289,950 | BUY | 6 / 10 | 0.07 KM |
| Fratton Road, Portsmouth | £ 200,000 | BUY | 6 / 10 | 0.08 KM |
| Tottenham Road, Fratton | £ 256,000 | BUY | 5 / 10 | 0.11 KM |
| Tottenham Road, Fratton | £ 235,000 | BUY | Unknown | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 26 Tottenham Road | £ 129,000 | 0.09 KM |
| 21a Tottenham Road | £ 105,000 | 0.09 KM |
| 16 Tottenham Road | £ 180,000 | 0.09 KM |
| 18 Tottenham Road | £ 169,000 | 0.09 KM |
| 25 Tottenham Road | £ 277,000 | 0.09 KM |