1 Reedmace Close, Waterlooville
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1 Reedmace Close, Waterlooville

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We have confidence in this estimated current valuation Updated recently
£41,600
Or £270 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Feb 15, 2020
£80,000
For Sale
Dec 9, 2020
£80,000

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 1 Reedmace Close, Waterlooville, a cozy and compact flat type home with 1 bed in the PO7 8HH area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band A.

This modern and well-kept property was built 1983-1990 and has a reported internal area of 23.91 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £41,600 and a rental potential of £270 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Feb 15, 2020. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" A well arranged ground floor studio apartment in this pleasant residential location on the outskirts of the town. An ideal first purchase or investment buy

A well arranged ground floor studio apartment in this pleasant residential location on the outskirts of the town. An ideal first purchase or investment buy

PROPERTY DESCRIPTION
LOCATION: The property is well situated within this pleasant residential development with easy reach of Waterlooville Town Centre and also the A3 interchange providing easy road access to Portsmouth, the south coast and northbound to the M25 and London. There are local shops and numerous leisure and recreational facilities are within the surrounding area.
DESCRIPTION:
This ground floor studio apartment is an ideal first purchase or investment buy. Situated on the ground floor there is just eight in the block. The communal hall is bright and well decorated with double glazed entrance doors. Set in lawned grounds and well-spaced from neighbouring buildings, there is ample parking. The studio has a good size main room with an electric storage heater and double glazed windows. An opening leads into a bright kitchen with ample worksurfaces with tiled surrounds and a good selection of cupboards and drawers, stainless steel sink unit, plumbing for washing machine, space for electric cooker and fridge. There is a large built in cupboard which houses the water heater. A door off the studio room leads into a good size dressing room with fitted double wardrobe and a sliding door accesses the shower room with tiled shower cubical with electric shower mixer, vanity top with inset wash basin and W.C with concealed cistern. Wall mounted fan heater.

OUTGOINGS:

Lease 120years from 22/03/1981
(81 years unexpired)

Ground Rent ?59.60 per annum.
Building Insurance Currently ?150.05 PA
Communal Electric approx. ?10 PA
Communal grounds: Responsible for maintenance of grounds around the flat.
Freeholders Consent required for Subletting.

Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property. "

Property Data

Data point Compared to road
Tax band A

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £189 Try Mortgage Tracker
Energy £333 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Hillcrest Jubilee School
0.4mi
Berewood Primary School
0.4mi
The Waterloo School
0.7mi
Mill Hill Primary School
0.8mi
Springwood Junior School
1.0mi
Nearby Stations
Bedhampton Station
2.9mi
Cosham Station
3.1mi
Havant Station
3.3mi
Rowlands Castle Station
3.7mi
Warblington Station
3.9mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000
๐Ÿค”
Greener Home
This could increase your home value by £5,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 1 Reedmace Close, Waterlooville worth?

    1 Reedmace Close, Waterlooville is now worth £41,600 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 1 Reedmace Close, Waterlooville - click click here to get a valuation with no strings attached.

  2. What is the rental value of 1 Reedmace Close, Waterlooville?

    The current rental valuation for this property is £270 per month, within a price range of £243 and £297.

  3. How many bedrooms does 1 Reedmace Close, Waterlooville have?

    This property has 1 bedrooms. Search for nearby properties with 1 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 1 Reedmace Close, Waterlooville?

    Nearby schools in include Hillcrest Jubilee School, Berewood Primary School, The Waterloo School, Mill Hill Primary School, Springwood Junior School

    Nearby stations in include Bedhampton Station, Cosham Station, Havant Station, Rowlands Castle Station, Warblington Station.

  5. What type of property is 1 Reedmace Close, Waterlooville

    This is a Flat property. There are 14 other Flat properties on REEDMACE CLOSE, and 29 in total.

  6. When was 1 Reedmace Close, Waterlooville built? How old is 1 Reedmace Close, Waterlooville?

    1 Reedmace Close, Waterlooville was was built between 1983-1990.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

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