Block of apartments - Belle Vue Road
By Jordan Marks Estates
£ 1,400,000
Reviews
3 out of 5 stars
Jordan Marks Estates says ..
Unique opportunity to purchase a Unbroken freehold block of apartments offers a lucrative investment opportunity with a considerable 6.36% rental yield.
Property Oracle says ..
This property presents a unique investment opportunity in the form of a block of apartments situated on Belle Vue Road in Southbourne, Bournemouth. The apartments themselves appear modern and well-maintained, as evidenced by the provided photographs showcasing contemporary kitchens and bathrooms. The location offers proximity to Southbourne beach and local amenities such as schools, while also being within reach of several railway stations for convenient commuting. However, the listing lacks crucial details, such as the specific size of each apartment and the precise dimensions of the entire block, impacting a full assessment of its value. The high list price of £1,400,000 for an eight-bedroom property with zero bathrooms may be high compared to similar properties in the immediate vicinity, particularly when comparing it to the prices of individual apartments in the same location that have recently been listed for significantly lower prices. It is worth noting that the property may appeal to investors due to its potential rental income, but further financial analysis would be needed to ascertain its long-term profitability. The overall appeal depends heavily on investor-specific goals and a more complete understanding of the property’s specifics than the information currently provided.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 9
- Location
- 7
- Land
- 2
- Bedrooms
- 8
- Bathrooms
- 0
- Sqft (est)
- 780.00
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
- 660,000.00 £Increased by 18.47 %
- Est sale value
- 413,400.00 £Decreased by 0.75 %
- Average area rental value
- 1,662.00 £/moIncreased by 12.45 %
- Est letting value
- 780.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.02 %Decreased by 5.03 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Jordan Marks Estates marked this listing as sold.
Jordan Marks Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Connie Rothman Learning Centre | Other Independent Special School | 0.02 KM | |
| St Peter'S Catholic Comprehensive School | Academy Converter | Good | 0.75 KM |
| Stourfield Infant School | Academy Converter | Requires improvement | 1.79 KM |
| Stourfield Junior School | Academy Converter | Good | 1.79 KM |
| Twynham School | Academy Converter | Outstanding | 2.22 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Belle Vue Road | £ 400,000 | 0 | 0.00 KM |
| Northey Road | £ 350,000 | 0 | 0.00 KM |
| Springfield Avenue | £ 0 | 0 | 0.00 KM |
| Kingfisher Close | £ 0 | 0 | 0.00 KM |
| Shakespeare Road | £ 300,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Christchurch | 5879 | CHR | 2.45 KM |
| Pokesdown | 5885 | POK | 3.06 KM |
| Bournemouth | 5876 | BMH | 7.26 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Belle Vue Road, Bournemouth, Dorset, BH6 | £ 165,000 | BUY | 5 / 10 | 0.06 KM |
| Southbourne Overcliff Drive, Bournemouth, Dorset, BH6 | £ 350,000 | BUY | 7 / 10 | 0.06 KM |
| Southbourne Overcliff Drive, Southbourne, Bournemouth, Dorset, BH6 | £ 350,000 | BUY | 7 / 10 | 0.06 KM |
| Southbourne | £ 110,000 | BUY | 6 / 10 | 0.07 KM |
| Halebrose Court, Southbourne | £ 100,000 | BUY | Unknown | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 107a Belle Vue Road | £ 176,000 | 0.04 KM |
| 97b Belle Vue Road | £ 160,000 | 0.06 KM |
| 95a Belle Vue Road | £ 155,000 | 0.06 KM |
| 101 Belle Vue Road | £ 116,000 | 0.06 KM |
| 97 Belle Vue Road | £ 65,000 | 0.06 KM |