Cosgroves says ..
INVESTMENT OPPORTUNITY WITH 7.2% GROSS RENTAL YIELD. We are pleased to offer for sale this 1 bedroom 2nd floor apartment with allocated parking and share of freehold. The property is being sold as a going concern with tenants in situ who are currently paying £900pcm and has an Assured Shorthold T...
Property Oracle says ..
The property is located on Albert Road in Southsea, a vibrant area within Portsmouth. Its proximity to local schools such as Southsea Infant School and St Swithun’s Catholic Primary School, both rated ‘Good’ by Ofsted, makes it potentially attractive to families. Additionally, its location offers convenient access to transportation, with Fratton station being just over a kilometre away. The internal photos suggest the apartment is in reasonable condition, although it could benefit from some modernisation. The kitchen and bathroom appear functional but somewhat dated. With a list price of £150,000 and a size of 526 sqft, the price per square foot is approximately £285. The average price per square foot in the area is £361. This suggests the property is competitively priced compared to the local market.
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
- 8
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 526.00
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
- 190,742.00 £Decreased by 45.70 %
- Est sale value
- 189,886.00 £Decreased by 1.10 %
- Average area rental value
- 1,259.00 £/moDecreased by 5.12 %
- Est letting value
- 1,052.00 £/moIncreased by 100.00 %
- Est rental Yield
- 7.92 %Increased by 74.83 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Cosgroves created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Southsea Infant School | Community School | Good | 0.05 KM |
| St Swithun'S Catholic Primary School | Voluntary Aided School | Good | 0.41 KM |
| Southsea And Brambles Children'S Centre | Children's Centre | 0.43 KM | |
| Mayville High School | Other Independent School | 0.47 KM | |
| Bramble Infant School And Nursery | Community School | Good | 0.69 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Boulton Road | £ 0 | 0 | 0.00 KM |
| Beatrice Road | £ 270,000 | 0 | 0.00 KM |
| Campbell Road | £ 0 | 0 | 0.00 KM |
| Onslow Road | £ 0 | 0 | 0.00 KM |
| The Dell | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Fratton | 5509 | FTN | 1.17 KM |
| Portsmouth And Southsea | 5537 | PMS | 1.91 KM |
| Portsmouth Harbour | 5540 | PMH | 3.46 KM |
| Hilsea | 5539 | HLS | 5.10 KM |
| Cosham | 5896 | CSA | 6.26 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Albert Road, Southsea | £ 150,000 | BUY | 5 / 10 | 0.00 KM |
| Lawrence Road, Southsea, Hampshire, PO5 1PF | £ 180,000 | BUY | 6 / 10 | 0.05 KM |
| Wish Place, Southsea | £ 400,000 | BUY | Unknown | 0.06 KM |
| Collingwood Road, Southsea, Portsmouth, PO5 | £ 300,000 | BUY | 7 / 10 | 0.08 KM |
| Wish Place, Southsea | £ 300,000 | BUY | 5 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 64 Collingwood Road | £ 222,000 | 0.08 KM |
| 50 Collingwood Road | £ 217,500 | 0.08 KM |
| 52 Collingwood Road | £ 75,000 | 0.08 KM |
| 78 Collingwood Road | £ 204,000 | 0.08 KM |
| 58 Collingwood Road | £ 41,500 | 0.08 KM |