Craneswater Park, Southsea PO4 0NX
NE

Craneswater Park, Southsea PO4 0NX

By Nesbits

£ 248,000

Reviews

2 out of 5 stars

Nesbits says ..

Enjoying a highly sought-after location immediately OFF THE SEAFRONT, this purpose-built TWO DOUBLE BEDROOM SECOND FLOOR APARTMENT benefits from private garage, lift service, gas central heating, secure entry, and replacement double-glazing. It is very keenly priced to reflect the need for mod...

Property Oracle says ..

This two-bedroom apartment in Craneswater Park, Southsea, offers a desirable location close to the seafront and with good access to local amenities and schools. The building’s exterior presents well, and the apartment benefits from a private garage. However, the interior requires some modernisation. The carpets are worn, and the décor is dated, suggesting the property would benefit from refurbishment to enhance its appeal. While the kitchen and bathroom are functional, a refresh would likely increase the property’s value. The lack of private outdoor space is a noticeable drawback. Overall, the property presents a reasonable investment opportunity given the location, but prospective buyers should factor in the cost of modernisation. The absence of plot size data limits the assessment of land value, but the apartment’s location within a larger building reflects the limited private land associated with this property type. The price appears reasonable considering the location and comparable properties in the area; however, modernization costs should be carefully evaluated before purchasing.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
788.52

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
399,700.00 £
Increased by 25.09 %
from 319,533.00 £
Est sale value
349,314.36 £
Increased by 26.57 %
from 275,982.00 £
Average area rental value
1,115.00 £/mo
Decreased by 15.02 %
from 1,312.00 £/mo
Est letting value
788.52 £/mo
Unchanged by 0.00 %
from 788.52 £/mo
Est rental Yield
3.35 %
Decreased by 32.05 %
from 4.93 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Nesbits marked this listing as sold.

  • Nesbits created the listing.

Nearby Schools

NameTypeOfstedDistance
Craneswater Junior SchoolCommunity SchoolGood0.34 KM
Southsea And Brambles Children'S CentreChildren's Centre0.54 KM
Mayville High SchoolOther Independent School0.80 KM
St Swithun'S Catholic Primary SchoolVoluntary Aided SchoolGood0.81 KM
Southsea Infant SchoolCommunity SchoolGood0.82 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Beatrice Road £ 270,00000.00 KM
Spencer Road £ 000.00 KM
Boulton Road £ 000.00 KM
The Dell £ 000.00 KM
Onslow Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Fratton5509FTN1.51 KM
Portsmouth And Southsea5537PMS2.69 KM
Portsmouth Harbour5540PMH4.23 KM
Hilsea5539HLS5.27 KM
Cosham5896CSA6.59 KM

Nearby Listings

AddressPriceTypeScoreDistance
Craneswater Park, Southsea £ 1,295,000BUY7 / 100.00 KM
Craneswater Park, Southsea £ 575,000BUY6 / 100.00 KM
Craneswater Park, Southsea £ 265,000BUY6 / 100.01 KM
Craneswater Park, Southsea £ 250,000BUY7 / 100.01 KM
25 Craneswater Park, Southsea, PO4 £ 270,000BUY7 / 100.01 KM

Nearby Properties

AddressPriceDistance
23 Craneswater Park £ 840,0000.01 KM
17 Craneswater Park £ 550,0000.01 KM
7 Craneswater Park £ 470,0000.10 KM
6 St Helens Close £ 2,4000.11 KM
7 St Helens Close £ 190,0000.11 KM