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 %
- Average area rental value
- 1,259.00 £/moDecreased by 5.12 %
- Est rental Yield
- 7.92 %Increased by 74.83 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Tully & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Southsea Infant School | Community School | Good | 0.12 KM |
| Southsea And Brambles Children'S Centre | Children's Centre | 0.40 KM | |
| St Swithun'S Catholic Primary School | Voluntary Aided School | Good | 0.49 KM |
| Mayville High School | Other Independent School | 0.56 KM | |
| Bramble Infant School And Nursery | Community School | Good | 0.61 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 | 1.09 KM |
| Portsmouth And Southsea | 5537 | PMS | 1.88 KM |
| Portsmouth Harbour | 5540 | PMH | 3.46 KM |
| Hilsea | 5539 | HLS | 5.02 KM |
| Cosham | 5896 | CSA | 6.18 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Wish Place, Southsea | £ 300,000 | BUY | 5 / 10 | 0.00 KM |
| Wish Place, Southsea | £ 400,000 | BUY | Unknown | 0.03 KM |
| Boulton Road, Southsea, Hampshire, PO5 1NS | £ 225,000 | BUY | 6 / 10 | 0.05 KM |
| Lawrence Road, Southsea, Hampshire, PO5 1PF | £ 180,000 | BUY | 6 / 10 | 0.06 KM |
| Boulton Road, Southsea | £ 265,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 37 Oxford Road | £ 63,000 | 0.07 KM |
| 73 Oxford Road | £ 48,000 | 0.07 KM |
| 42 Oxford Road | £ 66,500 | 0.07 KM |
| 67 Oxford Road | £ 142,000 | 0.07 KM |
| 6 Oxford Road | £ 50,000 | 0.07 KM |