Morris Dibben says ..

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located on the seafront in Hayling Island, Hampshire. The list price is £66,000. The flat’s location is excellent, being directly on the seafront. This offers stunning sea views and easy access to the beach. The proximity to several good schools is a significant advantage for families. While train stations are a bit further away, the seaside location itself is a major draw. Based on the provided images, the property appears to be in fair condition. While the bathroom seems reasonably well-maintained, the kitchen and living areas show signs of wear and tear. There is some evidence of minor damage to the walls. A full renovation would likely improve the property’s overall appeal and value. The property lacks a private garden. Considering the average price per sqft in the area is £397.00, and the property is 181.91 sqft, a reasonable expectation would be around £72,200. The list price of £66,000 is below this estimate, but it’s crucial to consider the property’s condition. The need for potential renovations could justify the lower price. However, comparable properties in the area range from £99,950 to £180,000, suggesting that the list price might be undervalued, particularly if the necessary renovations are significant.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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