Fratton Road, Portsmouth, Hampshire, PO1
DA

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 %
from 206,045.00 £
Est sale value
545,670.00 £
Increased by 8.40 %
from 503,370.00 £
Average area rental value
1,437.00 £/mo
Increased by 29.23 %
from 1,112.00 £/mo
Est letting value
2,820.00 £/mo
Increased by 100.00 %
from 1,410.00 £/mo
Est rental Yield
7.19 %
Increased by 10.96 %
from 6.48 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Days Lettings Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Madani AcademyOther Independent SchoolGood0.26 KM
The Portsmouth AcademyAcademy Sponsor LedGood0.33 KM
Arundel Court Primary Academy And NurseryAcademy Converter0.51 KM
Manor Infant And Nursery SchoolCommunity SchoolGood0.53 KM
Penhale Infant School & NurseryAcademy Converter0.60 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Trafalgar Place £ 000.00 KM
Common Street £ 000.00 KM
Watts Road £ 240,00000.00 KM
Northam Street £ 000.00 KM
Fourth Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Fratton5509FTN0.81 KM
Portsmouth And Southsea5537PMS1.55 KM
Portsmouth Harbour5540PMH3.41 KM
Hilsea5539HLS3.52 KM
Cosham5896CSA4.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Fratton Road, Portsmouth, Hampshire, PO1 £ 400,000BUY6 / 100.00 KM
Church Road, Portsmouth £ 289,950BUY6 / 100.07 KM
Fratton Road, Portsmouth £ 200,000BUY6 / 100.08 KM
Tottenham Road, Fratton £ 256,000BUY5 / 100.11 KM
Tottenham Road, Fratton £ 235,000BUYUnknown0.13 KM

Nearby Properties

AddressPriceDistance
26 Tottenham Road £ 129,0000.09 KM
21a Tottenham Road £ 105,0000.09 KM
16 Tottenham Road £ 180,0000.09 KM
18 Tottenham Road £ 169,0000.09 KM
25 Tottenham Road £ 277,0000.09 KM