Spencer Road, Bournemouth
MA

Spencer Road, Bournemouth

By Martin & Co

£ 90,000

Reviews

3 out of 5 stars

Martin & Co says ..

A superb studio apartment with a garden situated near by award winning sandy beaches, Bournemouth train station and town centre. This property is well maintained and access via a communal hallway. The property comes with a long 179 year lease and offers a living space, kitchen area, bathroom, gas...

Property Oracle says ..

The property is a studio apartment with a total area of 226 sqft. The images show a property that appears to be in reasonable condition for its size. The bathroom looks clean and well-maintained, and the kitchen is functional, though compact. The living space is adequately furnished. However, the overall impression is that it is a small studio apartment, and the limited space may feel cramped for some. The location in East Cliff & Springbourne, Bournemouth, is reasonably convenient. The proximity to Bournemouth railway station (1.16km) is a positive, offering good transport links. Several schools are within a reasonable distance, though their Ofsted ratings vary. The immediate neighborhood appears residential, with access to green spaces visible in the provided images. However, without further information on the specific amenities and their quality within walking distance, a comprehensive assessment of the location’s desirability is difficult. The property does not appear to have a private garden; the images show a shared green space. Considering the list price of £90,000, the average price of similar properties in the area (£327,361), and the average price per sqft (£356), this studio flat seems significantly underpriced. However, the lack of bedrooms and the small size of the property need to be considered. The relatively low price may be justified by the property’s size and lack of outdoor space, making it suitable for a specific type of buyer, such as a single person or investor. The nearby comparable listings, while lacking sqft data, suggest the price may be at the lower end of the market, but not necessarily unreasonable given the property’s characteristics.

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
8
Condition
7
Location
6
Land
3
Bedrooms
0
Bathrooms
1
Sqft (est)
226.00
Lot (est)
226.00

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
82,490.00 £
Decreased by 2.67 %
from 84,750.00 £
Average area rental value
1,097.00 £/mo
Decreased by 17.58 %
from 1,331.00 £/mo
Est letting value
226.00 £/mo
Unchanged by 0.00 %
from 226.00 £/mo
Est rental Yield
4.98 %
Decreased by 6.21 %
from 5.31 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Martin & Co marked this listing as sold.

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Bethany Church Of England Junior SchoolAcademy ConverterRequires improvement0.54 KM
St Clement'S And St John'S Church Of England Infant SchoolAcademy ConverterGood0.70 KM
Malmesbury Park Primary SchoolAcademy ConverterGood1.05 KM
Cambian Wing CollegeSpecial Post 16 InstitutionGood1.29 KM
Boscombe Children'S CentreChildren's Centre1.36 KM

Images

IMG_0351 IMG_0358 IMG_0346 IMG_0376 IMG_0366 IMG_0375 IMG_0379 IMG_0371 IMG_0360 IMG_0361 IMG_0354

Nearby Streets

NameAverage PriceAverage SqftDistance
Carlton Walk £ 000.00 KM
Avon Walk £ 000.00 KM
Oak Road £ 500,00000.00 KM
Undercliff Drive £ 000.00 KM
Holdenhurst Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bournemouth5876BMH1.16 KM
Pokesdown5885POK3.26 KM
Branksome5875BSM7.26 KM
Christchurch5879CHR7.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spencer Road, Bournemouth £ 210,000BUY5 / 100.00 KM
Spencer Road, Bournemouth £ 160,000BUY5 / 100.00 KM
Spencer Road, Bournemouth £ 90,000BUY6 / 100.00 KM
Spencer Road, Bournemouth £ 210,000BUY5 / 100.00 KM
Spencer Road, Bournemouth £ 180,000BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
19a Spencer Road £ 140,0000.01 KM
15a Spencer Road £ 95,0000.01 KM
11 Spencer Road £ 550,0000.01 KM
5d Spencer Road £ 160,0000.01 KM
8c Carlton Road £ 210,0000.04 KM