Nesbits says ..
OFFERS INVITED PRIOR TO AUCTION (at a date to be confirmed). GUIDE PRICE: £125,000-£135,000. We invite IMMEDIATE CASH OFFERS (on strict Auction terms) for this modern, well-appointed VACANT TWO BEDROOM 3rd FLOOR APARTMENT with allocated car space, lift service, double-g...
Property Oracle says ..
This two-bedroom apartment located on Fratton Way in Central Southsea, Portsmouth is offered for sale at £125,000. The property is situated in a convenient location close to Fratton train station, providing easy access to Portsmouth and beyond. Several nearby schools, including some rated ‘Good’ by Ofsted, are also within walking distance. While the apartment itself appears to be in reasonable condition based on the provided images, showing a modern, well-maintained interior, it lacks external space. The lack of plot size further contributes to this assessment. The average house price on Fratton Way is £162,500 which makes the price of this property slightly below average. However, it is worth noting that the price is being offered as an auction price. While the property shows itself in a positive light, further inspection is always recommended to fully assess the quality and long-term value for the price. The apartment seems to be a suitable property for a first-time buyer or investor looking for a relatively convenient location and easy access to transportation but requires a deeper inspection to confirm the stated conditions before purchase.
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
- 6
- Condition
- 7
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 645.83
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
- 269,625.00 £Decreased by 6.52 %
- Est sale value
- 227,977.99 £Increased by 13.50 %
- Average area rental value
- 1,216.00 £/moDecreased by 16.14 %
- Est letting value
- 645.83 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.41 %Decreased by 10.28 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Nesbits created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Fernhurst Junior School | Community School | Good | 0.40 KM |
| Devonshire Infant School | Community School | Good | 0.46 KM |
| Wimborne Primary School | Community School | 0.64 KM | |
| Cumberland Children'S Centre | Children's Centre Linked Site | 0.79 KM | |
| Cumberland Infant School | Community School | Good | 0.86 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Fratton Way | £ 162,500 | 0 | 0.00 KM |
| Proctor Lane | £ 0 | 0 | 0.00 KM |
| Clovelly Road | £ 0 | 0 | 0.00 KM |
| Warblington Place | £ 0 | 0 | 0.00 KM |
| Bowler Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Fratton | 5509 | FTN | 0.82 KM |
| Portsmouth And Southsea | 5537 | PMS | 2.70 KM |
| Hilsea | 5539 | HLS | 3.79 KM |
| Portsmouth Harbour | 5540 | PMH | 4.55 KM |
| Cosham | 5896 | CSA | 5.21 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Fratton Way, Southsea | £ 175,000 | BUY | 7 / 10 | 0.00 KM |
| Fratton Way, Southsea, Hampshire | £ 112,500 | BUY | Unknown | 0.01 KM |
| Fratton Way, Southsea, Hampshire | £ 112,500 | BUY | Unknown | 0.01 KM |
| Fratton Way, Southsea, Hampshire | £ 170,000 | BUY | 6 / 10 | 0.01 KM |
| Fratton Way, Southsea, Hampshire | £ 170,000 | BUY | 5 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 42 Rowan Court | £ 165,000 | 0.11 KM |
| 44 Rowan Court | £ 180,000 | 0.11 KM |
| 39 Rowan Court | £ 125,000 | 0.11 KM |
| 49 Rowan Court | £ 54,995 | 0.11 KM |
| 50 Rowan Court | £ 199,995 | 0.11 KM |