Slades Estate Agents says ..

Property Oracle says ..

This property in Southbourne, Bournemouth, is a substantial building presented as a former care home. The listing highlights its potential for conversion into a large family residence or continued commercial use. The location in Southbourne offers clear advantages, close to the beach and amenities, with relatively easy access to transport links via nearby railway stations. The presence of several schools within a reasonable distance adds to its family-friendly appeal. However, it’s crucial to note that the property requires extensive modernisation and refurbishment. The interior images showcase the current state of the property, clearly reflecting its past function as a care home. The rooms are fitted with furniture appropriate for elderly residents, which needs to be completely replaced in any alternative use. Whilst the exterior and garden look reasonably well-maintained, the interior needs a full update to match modern living expectations. The asking price of £800,000 is a considerable investment, and the cost of converting the former care home into a family home should be a major consideration for any prospective buyer. A full structural survey and detailed costings for renovation will be vital before committing to purchase. The lack of precise plot size data and limited comparable property information further hinders a precise valuation. Ultimately, it presents a high-risk, high-reward proposition.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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