Pearsons says ..
A second floor apartment situated in a purpose built development of retirement homes which caters for over 55's. Whilst it is a requirement for people to be over 55 to reside in the building, it is not a requirement for ownership and therefore represents a good investment opportunity. The propert...
Property Oracle says ..
This one-bedroom, one-bathroom apartment in Freemantle, Southampton, is listed at £68,000. The property is situated within a retirement complex, featuring a communal garden and convenient access to local amenities and transport links, including Millbrook train station. The apartment itself appears to be in decent condition from the images provided, with a functional kitchen and bathroom. The interior presents a clean but slightly dated aesthetic. While the property offers some advantages, such as proximity to local schools and transport, its small size and lack of private outdoor space are notable considerations. The price point seems reasonable in light of its location and general condition, and the investment potential should also be considered given that ownership is not restricted to the over-55s that predominantly inhabit the building. Prospective buyers should carefully weigh the benefits and limitations against their individual needs and preferences. Further due diligence, including a thorough property survey, is strongly recommended before purchase. The lack of detailed information on square footage for nearby comparable properties, and indeed a lack of comparable properties of this specific type, makes a definitive assessment of value challenging.
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
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 419.79
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 345,413.00 £Increased by 43.37 %
- Est sale value
- 184,707.60 £Increased by 48.15 %
- Average area rental value
- 1,031.00 £/moDecreased by 7.37 %
- Est letting value
- 419.79 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.58 %Decreased by 35.38 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Pearsons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Freemantle Church Of England Community Academy | Academy Converter | Good | 0.44 KM |
| Freemantle Sure Start Children Centre | Children's Centre | 0.52 KM | |
| St Mark'S Church Of England Voluntary Controlled Primary School | Voluntary Controlled School | Good | 0.92 KM |
| Foundry Lane Primary School | Foundation School | Good | 0.93 KM |
| Wordsworth Primary School | Academy Converter | Good | 1.50 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Paynes Road | £ 0 | 0 | 0.00 KM |
| Shirley Road | £ 135,000 | 0 | 0.00 KM |
| Western District Cut | £ 0 | 0 | 0.00 KM |
| Saxon Road | £ 0 | 0 | 0.00 KM |
| Regent's Park Gardens | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Millbrook (Hants) | 5909 | MBK | 0.39 KM |
| Southampton Central | 5932 | SOU | 1.90 KM |
| Redbridge | 5912 | RDB | 4.50 KM |
| St Denys | 5914 | SDN | 4.86 KM |
| Totton | 5921 | TTN | 5.80 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Freemantle, Southampton | £ 68,000 | BUY | 5 / 10 | 0.00 KM |
| Paynes Road, Southampton | £ 100,000 | BUY | 6 / 10 | 0.02 KM |
| Paynes Road, Southampton, Hampshire, SO15 | £ 150,000 | BUY | 5 / 10 | 0.03 KM |
| Rivendale Court, Paynes Road | £ 175,000 | BUY | 5 / 10 | 0.03 KM |
| Riverdale Court Paynes Road, Southampton, SO15 | £ 170,000 | BUY | 7 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 171 Millbrook Road East | £ 129,000 | 0.11 KM |
| 189 Millbrook Road East | £ 51,000 | 0.11 KM |
| 185 Millbrook Road East | £ 265,000 | 0.11 KM |
| 197a Millbrook Road East | £ 95,000 | 0.11 KM |
| 187 Millbrook Road East | £ 265,000 | 0.11 KM |