Charters says ..

Property Oracle says ..

The property is a 3-bedroom flat located in Vermont Close, Bassett, Southampton. It’s within easy reach of several primary and secondary schools, with Great Oaks School and Vermont School particularly close by. The Ofsted rating for Vermont School is good, suggesting a positive educational environment for families. Several train stations are within a reasonable commuting distance, offering convenient access to Southampton Central and other destinations.

The flat itself appears to be in reasonably good condition, though some aspects suggest it might benefit from modernisation. The kitchen and bathrooms, while functional, show their age and could be updated to enhance the overall appeal and value. The living areas are spacious and well-lit, but the decor is somewhat dated. The presence of a balcony and communal gardens is a positive feature, offering outdoor space.

The property is listed at £235,000. Considering the average price per square foot in the area is £352, and this property is 1,034.41 sqft, a rough estimate would be around £364,000. However, the average price for properties in the area is £475,213, and the average size is 1,349 sqft. The list price is significantly below both the average price and a price per sqft calculation. This could indicate good value for money, particularly given the property’s location and the presence of outdoor space. However, the need for potential modernisation should be factored into any purchasing decision. Nearby comparable properties support this lower price point, with several flats in the same area selling for between £102,000 and £200,000.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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