Fratton Way, Southsea PO4 8FD
NE

Fratton Way, Southsea PO4 8FD

By Nesbits

£ 125,000

Reviews

2 out of 5 stars

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 %
from 288,420.00 £
Est sale value
227,977.99 £
Increased by 13.50 %
from 200,853.13 £
Average area rental value
1,216.00 £/mo
Decreased by 16.14 %
from 1,450.00 £/mo
Est letting value
645.83 £/mo
Unchanged by 0.00 %
from 645.83 £/mo
Est rental Yield
5.41 %
Decreased by 10.28 %
from 6.03 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Nesbits created the listing.

Nearby Schools

NameTypeOfstedDistance
Fernhurst Junior SchoolCommunity SchoolGood0.40 KM
Devonshire Infant SchoolCommunity SchoolGood0.46 KM
Wimborne Primary SchoolCommunity School0.64 KM
Cumberland Children'S CentreChildren's Centre Linked Site0.79 KM
Cumberland Infant SchoolCommunity SchoolGood0.86 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Fratton Way £ 162,50000.00 KM
Proctor Lane £ 000.00 KM
Clovelly Road £ 000.00 KM
Warblington Place £ 000.00 KM
Bowler Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Fratton5509FTN0.82 KM
Portsmouth And Southsea5537PMS2.70 KM
Hilsea5539HLS3.79 KM
Portsmouth Harbour5540PMH4.55 KM
Cosham5896CSA5.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Fratton Way, Southsea £ 175,000BUY7 / 100.00 KM
Fratton Way, Southsea, Hampshire £ 112,500BUYUnknown0.01 KM
Fratton Way, Southsea, Hampshire £ 112,500BUYUnknown0.01 KM
Fratton Way, Southsea, Hampshire £ 170,000BUY6 / 100.01 KM
Fratton Way, Southsea, Hampshire £ 170,000BUY5 / 100.01 KM

Nearby Properties

AddressPriceDistance
42 Rowan Court £ 165,0000.11 KM
44 Rowan Court £ 180,0000.11 KM
39 Rowan Court £ 125,0000.11 KM
49 Rowan Court £ 54,9950.11 KM
50 Rowan Court £ 199,9950.11 KM