Kings Estates says ..

Property Oracle says ..

The property is a two-bedroom apartment located on Albert Road in Southsea, Portsmouth. The apartment is part of a purpose-built block for over 55s. Based on the provided images, the apartment appears to be in reasonable condition, although it could benefit from some modernization. The décor is dated, and the carpets and bathroom fixtures show signs of wear. However, the apartment seems structurally sound and well-maintained. The property has no garden. The building does offer residents’ communal parking and a communal roof garden, which provides some outdoor space. The list price of £145,000 is significantly lower than the average price for the area (£378,775). However, this is likely due to the smaller size of the property (405.58 sqft) and the fact that it is a retirement apartment within a purpose-built block. The average price per square foot in the area is £375, while this property’s price per square foot is considerably lower. Considering the condition and lack of private outdoor space, the price seems reasonable relative to other similar properties in the area, such as the other Albert Road listings. The nearby listings show similar properties selling for between £70,000 and £179,995. Therefore, the price of £145,000 appears to be within the expected range for a two-bedroom apartment of this type in this location. The location is good, situated on Albert Road, a main road in Southsea, which offers convenient access to shops, entertainment, and transport links. The proximity to Southsea Infant School and other schools is also a positive aspect for families or potential investors. The area appears to be well-connected with several train stations within a reasonable distance.

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

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