Block of apartments - Belle Vue Road
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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 %
from 557,089.00 £
Est sale value
413,400.00 £
Decreased by 0.75 %
from 416,520.00 £
Average area rental value
1,662.00 £/mo
Increased by 12.45 %
from 1,478.00 £/mo
Est letting value
780.00 £/mo
Unchanged by 0.00 %
from 780.00 £/mo
Est rental Yield
3.02 %
Decreased by 5.03 %
from 3.18 %
Crime Rate
21.00 %
Unchanged by 0.00 %
from 21.00 %

Agent Activity

  • Jordan Marks Estates marked this listing as sold.

  • Jordan Marks Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Connie Rothman Learning CentreOther Independent Special School0.02 KM
St Peter'S Catholic Comprehensive SchoolAcademy ConverterGood0.75 KM
Stourfield Infant SchoolAcademy ConverterRequires improvement1.79 KM
Stourfield Junior SchoolAcademy ConverterGood1.79 KM
Twynham SchoolAcademy ConverterOutstanding2.22 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Belle Vue Road £ 400,00000.00 KM
Northey Road £ 350,00000.00 KM
Springfield Avenue £ 000.00 KM
Kingfisher Close £ 000.00 KM
Shakespeare Road £ 300,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Christchurch5879CHR2.45 KM
Pokesdown5885POK3.06 KM
Bournemouth5876BMH7.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
Belle Vue Road, Bournemouth, Dorset, BH6 £ 165,000BUY5 / 100.06 KM
Southbourne Overcliff Drive, Bournemouth, Dorset, BH6 £ 350,000BUY7 / 100.06 KM
Southbourne Overcliff Drive, Southbourne, Bournemouth, Dorset, BH6 £ 350,000BUY7 / 100.06 KM
Southbourne £ 110,000BUY6 / 100.07 KM
Halebrose Court, Southbourne £ 100,000BUYUnknown0.08 KM

Nearby Properties

AddressPriceDistance
107a Belle Vue Road £ 176,0000.04 KM
97b Belle Vue Road £ 160,0000.06 KM
95a Belle Vue Road £ 155,0000.06 KM
101 Belle Vue Road £ 116,0000.06 KM
97 Belle Vue Road £ 65,0000.06 KM