Prime Double Front Commercial Property with Offices and Parking on Busy Main Road
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Prime Double Front Commercial Property with Offices and Parking on Busy Main Road

By Whites Of Bournemouth

£ 180,000

Reviews

2 out of 5 stars

Whites Of Bournemouth says ..

Key features Large Double Front Unit Two Good Size Offices Storeroom Double Glazing WC Situated On A Busy Main Road Off Road Parking 980 Year LeaseProperty descriptionIntroducing a Remarkable Commercial Property on a Prominent Main RoadPresenting a remarkable opportunity...

Property Oracle says ..

This double-fronted commercial property is located on a busy main road in Bournemouth. The property includes offices and parking. The location on a main road offers high visibility, which could be beneficial for a business. However, it may also mean increased noise and traffic. The property appears to be in fair condition, requiring some maintenance and updating. The interior design and decor are dated, and some areas appear cluttered. There is no garden. The list price of £180,000 is significantly lower than the average house price in the area (£327,361). However, the property is commercial, not residential, and the average price per sqft in the area is £356. This property is 801.47 sqft, so based on average price per sqft, the property is priced at approximately £285,000. Given the condition, location, and lack of external space, the list price may represent reasonable value for a commercial property, but further investigation into the potential rental income and business opportunities is recommended.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
801.47
Lot (est)
883.00

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
264,167.00 £
Decreased by 12.20 %
from 300,857.00 £
Est sale value
292,536.55 £
Decreased by 2.67 %
from 300,551.25 £
Average area rental value
1,097.00 £/mo
Decreased by 17.58 %
from 1,331.00 £/mo
Est letting value
801.47 £/mo
Unchanged by 0.00 %
from 801.47 £/mo
Est rental Yield
4.98 %
Decreased by 6.21 %
from 5.31 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Whites Of Bournemouth created the listing.

Nearby Schools

NameTypeOfstedDistance
Malmesbury Park Primary SchoolAcademy ConverterGood0.66 KM
Bethany Church Of England Junior SchoolAcademy ConverterRequires improvement0.73 KM
Cambian Wing CollegeSpecial Post 16 InstitutionGood0.74 KM
St Clement'S And St John'S Church Of England Infant SchoolAcademy ConverterGood0.81 KM
Boscombe Children'S CentreChildren's Centre1.30 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Avon Walk £ 000.00 KM
Carlton Walk £ 000.00 KM
Oak Road £ 500,00000.00 KM
Queens Park Road £ 189,95000.00 KM
Holdenhurst Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bournemouth5876BMH1.03 KM
Pokesdown5885POK3.39 KM
Branksome5875BSM7.09 KM
Christchurch5879CHR7.92 KM

Nearby Listings

AddressPriceTypeScoreDistance
Holdenhurst Road, Bournemouth, Dorset, BH8 £ 150,000BUY5 / 100.01 KM
The Lane, Lowther Gardens, Bournemouth, Dorset, BH8 £ 160,000BUY6 / 100.03 KM
Stanley Road, Bournemouth, Dorset, BH1 £ 300,000BUY6 / 100.09 KM
Stanley Road, Bournemouth £ 279,950BUY7 / 100.09 KM
Stanley Road, Bournemouth £ 299,950BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
247 Holdenhurst Road £ 25,5880.01 KM
9a Stewart Close £ 173,0000.03 KM
The Lodge £ 109,0000.04 KM
3 Stewart Mews £ 102,0000.04 KM
9 Stanley Road £ 250,0000.08 KM