McHugh & Co says ..

Property Oracle says ..

This three-bedroom property located at 227 Fratton Road, Portsmouth, presents a significant renovation project. The photographs provided depict substantial damage and disrepair throughout the house, requiring extensive work to make it habitable. Walls, ceilings, and floors show significant wear and tear; fixtures are broken or missing, and the garden is heavily overgrown. The property’s location, however, presents some redeeming features. Its proximity to Fratton railway station offers excellent transport links. The area also has several schools nearby, making it potentially appealing to families, although further investigation would be needed into the quality of those schools. While the price of £100,000 might seem reasonable given the property’s condition and the need for complete refurbishment, determining the actual value for money would require accurate square footage and a detailed cost estimate for the necessary renovations. Potential buyers should be aware that the considerable work needed could significantly inflate the total cost of acquisition and should also consider the cost of obtaining a comprehensive survey prior to purchase. There is scope to add value, but only with a substantial investment.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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