Martin & Co says ..
A superb INVESTMENT OPPORTUNITY to purchase this well presented FIVE BEDROOM FULLY LICENSED HMO and a GROUND FLOOR COMMERCIAL PREMISES with a long term tenant in Branksome. The property is FREEHOLD and fully occupied with a combined income of £42,780 p.a.
Property Oracle says ..
This property on Alder Road, Poole, is a five-bedroom house currently listed for £375,000. The listing highlights its potential as an investment opportunity, suggesting it could be used as a fully licensed HMO (House of Multiple Occupancy). The property is conveniently located near Branksome train station, offering easy access to public transport. Several primary schools are within walking distance, adding to its appeal for families. Photos reveal the interior to be modestly furnished and require some updating and cosmetic improvements; however, there are no obvious signs of major structural damage. A significant drawback is the minuscule outdoor space, with the rear area appearing to be more of a paved courtyard than a garden. The property’s location offers a reasonable balance of convenience and accessibility, though not within a high-value, premium area. The absence of precise square footage information for nearby properties and price per square foot data hampers a detailed comparison for evaluating the asking price, though the price appears fairly priced considering the market in a similar area.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 5
- Bathrooms
- 1
- Sqft (est)
- 1,911.67
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
- 356,530.00 £Increased by 1.97 %
- Est sale value
- 732,169.61 £Increased by 28.52 %
- Average area rental value
- 1,346.00 £/moDecreased by 11.04 %
- Est letting value
- 1,911.67 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.53 %Decreased by 12.72 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co marked this listing as sold.
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Joseph'S Catholic Primary School, Poole | Academy Converter | Good | 0.44 KM |
| Heatherlands Primary School | Academy Converter | 0.87 KM | |
| Bishop Aldhelm'S Church Of England Primary School | Academy Converter | 1.18 KM | |
| Victoria Education Centre | Non-maintained Special School | Good | 1.20 KM |
| Branksome Children'S Centre | Children's Centre | 1.25 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Arne Crescent | £ 0 | 0 | 0.00 KM |
| Cashmoor Close | £ 0 | 0 | 0.00 KM |
| Recreation Road | £ 330,000 | 0 | 0.00 KM |
| Cedar Way | £ 325,000 | 0 | 0.00 KM |
| Langley Road | £ 100,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Branksome | 5875 | BSM | 0.96 KM |
| Parkstone (Dorset) | 5882 | PKS | 3.34 KM |
| Bournemouth | 5876 | BMH | 6.27 KM |
| Poole | 5883 | POO | 7.17 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Alder Road, Poole | £ 375,000 | BUY | 5 / 10 | 0.00 KM |
| Morrison Avenue, Branksome, Poole, BH12 | £ 400,000 | BUY | 7 / 10 | 0.07 KM |
| Morrison Avenue, Poole, Dorset, BH12 | £ 500,000 | BUY | 6 / 10 | 0.07 KM |
| Pine Avenue, Poole, BH12 | £ 400,000 | BUY | 7 / 10 | 0.10 KM |
| Pine Avenue, Parkstone, Poole, BH12 | £ 399,950 | BUY | 8 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 153a Alder Road | £ 210,000 | 0.04 KM |
| 153 Alder Road | £ 155,000 | 0.04 KM |
| 127 Alder Road | £ 290,000 | 0.04 KM |
| 155a Alder Road | £ 157,000 | 0.04 KM |
| 2 Morrison Avenue | £ 340,000 | 0.08 KM |