Freemantle, Southampton
PE

Freemantle, Southampton

By Pearsons

£ 68,000

Reviews

2 out of 5 stars

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 %
from 240,922.00 £
Est sale value
184,707.60 £
Increased by 48.15 %
from 124,677.63 £
Average area rental value
1,031.00 £/mo
Decreased by 7.37 %
from 1,113.00 £/mo
Est letting value
419.79 £/mo
Unchanged by 0.00 %
from 419.79 £/mo
Est rental Yield
3.58 %
Decreased by 35.38 %
from 5.54 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Pearsons created the listing.

Nearby Schools

NameTypeOfstedDistance
Freemantle Church Of England Community AcademyAcademy ConverterGood0.44 KM
Freemantle Sure Start Children CentreChildren's Centre0.52 KM
St Mark'S Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood0.92 KM
Foundry Lane Primary SchoolFoundation SchoolGood0.93 KM
Wordsworth Primary SchoolAcademy ConverterGood1.50 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Paynes Road £ 000.00 KM
Shirley Road £ 135,00000.00 KM
Western District Cut £ 000.00 KM
Saxon Road £ 000.00 KM
Regent's Park Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Millbrook (Hants)5909MBK0.39 KM
Southampton Central5932SOU1.90 KM
Redbridge5912RDB4.50 KM
St Denys5914SDN4.86 KM
Totton5921TTN5.80 KM

Nearby Listings

AddressPriceTypeScoreDistance
Freemantle, Southampton £ 68,000BUY5 / 100.00 KM
Paynes Road, Southampton £ 100,000BUY6 / 100.02 KM
Paynes Road, Southampton, Hampshire, SO15 £ 150,000BUY5 / 100.03 KM
Rivendale Court, Paynes Road £ 175,000BUY5 / 100.03 KM
Riverdale Court Paynes Road, Southampton, SO15 £ 170,000BUY7 / 100.03 KM

Nearby Properties

AddressPriceDistance
171 Millbrook Road East £ 129,0000.11 KM
189 Millbrook Road East £ 51,0000.11 KM
185 Millbrook Road East £ 265,0000.11 KM
197a Millbrook Road East £ 95,0000.11 KM
187 Millbrook Road East £ 265,0000.11 KM