Robinson Reade says ..

Property Oracle says ..

This one-bedroom retirement apartment in Locks Heath, Fareham, is listed at £90,000. The property features a refitted kitchen and bathroom, according to the listing. The images show a relatively small, yet functional living space. The apartment benefits from a view over communal gardens. The location is convenient, situated close to Locks Heath Shopping Centre, offering easy access to local amenities, including shops, restaurants, and a nearby bus stop. Several highly-rated primary and secondary schools are also within a reasonable distance. The property’s proximity to Swanwick Train Station is a further advantage for commuters. However, the lack of private outdoor space is a notable drawback. While the property is in good order, it would likely benefit from some minor cosmetic updates or modernisations to increase its overall value. The price is comparable to other similar retirement apartments in the area, making it a potentially reasonable investment for someone looking for a low-maintenance property in a convenient location. The surrounding properties include a mix of detached and terraced houses suggesting potential for future capital appreciation. Considering its advantages and drawbacks, this property would be particularly suited to a single retiree or investor interested in the retirement property market in Locks Heath. Further investigation into the leasehold details is recommended before making a purchase decision.

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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