Common repairable issues with the PSVR:
This issue is oddly common when the system does not show a red blinking light or any lights at all. This damage to the motherboard is caused by a power surge. we recommend you use a surge protector inside of your home for your PS4 Systems. This issue is repairable, and we have a high success rate thus far.
No video to TV and / or headset
Broken HDMI port (s)
Broken Virtual reality headset connector
Quick Tear Down:
Sony PlayStation 4 Virtual Reality tear down of a no picture PSVR system... solved!
For more information about the PSVR Visit Sony's PSVR FAQ's