Charters says ..

Property Oracle says ..

This one-bedroom, one-bathroom flat located in Merryoak, Southampton is listed at £80,000. The property’s size is given as 252.95 square feet. Images reveal a property in need of some modernisation. The kitchen and bathroom appear dated, and a general refresh would enhance its appeal and market value. The property benefits from proximity to several schools with good Ofsted ratings (Ludlow Junior School, Bitterne Ce Primary School, Ludlow Infant Academy) and railway stations (Sholing, Woolston, Bitterne). However, a significant drawback is the absence of a garden or substantial outdoor space. The list price appears competitive when considering some of the nearby comparable properties, but the need for refurbishment and the lack of land may influence a buyer’s final offer. The absence of precise square footage data for many nearby listings makes a precise price-per-square-foot comparison challenging. Overall, the property presents a potential investment opportunity, particularly for cash buyers or those comfortable undertaking renovation work, and its location near schools and transport links is an advantage. However, potential buyers should factor in the necessary renovation costs when appraising the property’s value.

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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