Tully & Co says ..
*** BUY TO LET INVESTMENT *** *** TENANTS IN SITU *** *** 6.78% GROSS RETURN AT ASKING PRICE *** *** NO FORWARD CHAIN *** *** SHARE OF FREEHOLD *** *** TWO BEDROOM HALL FLOOR FLAT *** Currently let, this hall-floor apartment boasts good sized accommodation throughout including a ligh...
Property Oracle says ..
This two-bedroom flat located on Waverley Road in Southsea, Portsmouth, presents as a potential buy-to-let investment opportunity. The property’s current listing price of £168,000 seems competitive with other similar properties in the area, although the lack of plot size and detailed property information limits a definitive conclusion on value. The location is favorable; good schools and transport links are nearby. However, the condition of the property appears to be average, with the interior needing some modernisation. The main drawback is the absence of a garden or outdoor space. Potential buyers should conduct a thorough inspection to assess the property’s overall condition, investigate the details of the tenancy agreement if purchasing as a buy-to-let, and compare it against other properties with similar attributes to get a better idea of its true value before committing. The age of the property and any potential future maintenance costs should also be carefully considered.
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
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 771.77
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Metrics Year-on-Year
- Average area value
- 399,700.00 £Increased by 25.09 %
- Est sale value
- 341,894.11 £Increased by 26.57 %
- Average area rental value
- 1,115.00 £/moDecreased by 15.02 %
- Est letting value
- 771.77 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.35 %Decreased by 32.05 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Tully & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Mayville High School | Other Independent School | 0.08 KM | |
| St Swithun'S Catholic Primary School | Voluntary Aided School | Good | 0.15 KM |
| Southsea Infant School | Community School | Good | 0.52 KM |
| Southsea And Brambles Children'S Centre | Children's Centre | 0.80 KM | |
| Craneswater Junior School | Community School | Good | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Onslow Road | £ 0 | 0 | 0.00 KM |
| The Dell | £ 0 | 0 | 0.00 KM |
| Beatrice Road | £ 270,000 | 0 | 0.00 KM |
| Boulton Road | £ 0 | 0 | 0.00 KM |
| Campbell Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Fratton | 5509 | FTN | 1.71 KM |
| Portsmouth And Southsea | 5537 | PMS | 2.25 KM |
| Portsmouth Harbour | 5540 | PMH | 3.57 KM |
| Hilsea | 5539 | HLS | 5.63 KM |
| Cosham | 5896 | CSA | 6.81 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Waverley Road, Southsea | £ 168,000 | BUY | 5 / 10 | 0.00 KM |
| Waverley Road, Southsea | £ 700,000 | BUY | 5 / 10 | 0.04 KM |
| Kenilworth Road, Southsea | £ 750,000 | BUY | 7 / 10 | 0.09 KM |
| 6 Kenross Court, Granada Road, Southsea, Hampshire, PO4 | £ 60,000 | BUY | 5 / 10 | 0.10 KM |
| 6 Kenross Court, Granada Road, Southsea, Hampshire, PO4 | £ 90,000 | BUY | 5 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19a Waverley Road | £ 138,000 | 0.07 KM |
| 19c Waverley Road | £ 197,000 | 0.07 KM |
| 11a Waverley Road | £ 35,000 | 0.07 KM |
| 15 Waverley Road | £ 225,000 | 0.07 KM |
| 7 Waverley Road | £ 38,000 | 0.07 KM |