Wish Place, Southsea
TU

Wish Place, Southsea

By Tully & Co

£ 300,000

Reviews

2 out of 5 stars

Tully & Co says ..

FOURTEEN FREEHOLD, LOCK-UP GARAGES LOCATED JUST OFF ALBERT ROAD. A fabulous investment opportunity to acquire two blocks of garages situated close to the shops, restaurants and pubs in Albert Road. Eminently lettable, these blocks face each other either side of Wish Place with one side c...

Property Oracle says ..

This property listing is for fourteen freehold, lock-up garages located in Southsea, Portsmouth, on Wish Place, just off Albert Road. The listing highlights the property’s potential as a rental investment due to its location near various amenities, including shops, restaurants, and pubs. The garages are presented as an investment opportunity, implying rental income potential. The images provided show a row of garages in seemingly reasonable structural condition, although a detailed inspection would be needed to verify this. There is no information provided on the dimensions of the individual garages or the total area covered by the property. The absence of this information prevents a thorough assessment of the property’s value. While the location in Southsea is desirable and close to various amenities and transportation links, making it potentially attractive for renters, the high list price of £300,000 demands detailed due diligence regarding the size, structural integrity, and rental potential to evaluate if it’s justified. Potential buyers need to undertake thorough market research, assess rental income potential, and verify the current condition through inspections to make an informed decision. Without further details, an accurate assessment of the price is difficult. The property’s suitability will depend heavily on the investor’s risk tolerance and long-term rental income projections. A professional valuation is recommended.

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
6
Location
7
Land
2
Bedrooms
0
Bathrooms
0

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 %
from 351,292.00 £
Average area rental value
1,259.00 £/mo
Decreased by 5.12 %
from 1,327.00 £/mo
Est rental Yield
7.92 %
Increased by 74.83 %
from 4.53 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Tully & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Southsea Infant SchoolCommunity SchoolGood0.12 KM
Southsea And Brambles Children'S CentreChildren's Centre0.40 KM
St Swithun'S Catholic Primary SchoolVoluntary Aided SchoolGood0.49 KM
Mayville High SchoolOther Independent School0.56 KM
Bramble Infant School And NurseryCommunity SchoolGood0.61 KM

Images

IMG_6147.JPG IMG_6145.JPG IMG_6149.JPG

Nearby Streets

NameAverage PriceAverage SqftDistance
Boulton Road £ 000.00 KM
Beatrice Road £ 270,00000.00 KM
Campbell Road £ 000.00 KM
Onslow Road £ 000.00 KM
The Dell £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Fratton5509FTN1.09 KM
Portsmouth And Southsea5537PMS1.88 KM
Portsmouth Harbour5540PMH3.46 KM
Hilsea5539HLS5.02 KM
Cosham5896CSA6.18 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wish Place, Southsea £ 300,000BUY5 / 100.00 KM
Wish Place, Southsea £ 400,000BUYUnknown0.03 KM
Boulton Road, Southsea, Hampshire, PO5 1NS £ 225,000BUY6 / 100.05 KM
Lawrence Road, Southsea, Hampshire, PO5 1PF £ 180,000BUY6 / 100.06 KM
Boulton Road, Southsea £ 265,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
37 Oxford Road £ 63,0000.07 KM
73 Oxford Road £ 48,0000.07 KM
42 Oxford Road £ 66,5000.07 KM
67 Oxford Road £ 142,0000.07 KM
6 Oxford Road £ 50,0000.07 KM