Reeds Rains says ..

Property Oracle says ..

This three-bedroom terraced property in Portsmouth is listed at £240,000. The property is in need of significant renovation, as evidenced by the images provided. The interior shows dated decor, worn carpets and flooring, and requires considerable updating throughout. The exterior, while showing some period features, also needs attention. The small garden is present but requires landscaping. While the location is close to schools and transportation links, the overall condition of the property significantly impacts its value. The average price per square foot in the area is £275, while this property is listed at a lower price per square foot. However, the extensive renovation required will likely offset any initial cost savings. Nearby comparable properties range from £149,000 to £293,000, making the listing price somewhat competitive, but the condition must be factored in.

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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