Oliver Miles says ..
** TWO APARTMENTS ** An exceptional opportunity to acquire two separate one-bedroom flats. The freehold for the entire building is included. Located in a desirable area, this property offers immense potential for buyers looking to invest in a characterful property, or create a bespoke sp...
Property Oracle says ..
This property on High Street, Swanage, presents a mixed bag of opportunities and challenges for potential buyers. The location in Swanage is a clear advantage, being a desirable coastal town with plenty of amenities. The proximity to the High Street offers excellent convenience. However, the property’s condition is a significant concern. The interior photographs reveal the need for extensive refurbishment, potentially involving costly repairs and modernization. The property seems to be in need of a complete overhaul, affecting its immediate habitability. The small amount of land available and the lack of information regarding parking could prove restrictive to potential buyers. It’s unclear from the information provided whether the listed price refers to one apartment, or two. The price, while in line with some other properties in the area, may be considered high considering the required renovation work. Therefore, prospective buyers should carefully weigh the costs of refurbishment against the property’s potential value after renovation. A thorough survey and cost analysis are crucial before making an offer.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 2
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 600.00
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Metrics Year-on-Year
- Average area value
- 370,787.00 £Decreased by 15.08 %
- Est sale value
- 229,200.00 £Decreased by 20.58 %
- Average area rental value
- 1,017.00 £/moDecreased by 0.49 %
- Est letting value
- 600.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.29 %Increased by 17.08 %
- Crime Rate
- 95.00 %Unchanged by 0.00 %
Agent Activity
Oliver Miles created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Swanage | Children's Centre | 0.64 KM | |
| Swanage Primary School | Community School | Good | 0.78 KM |
| Purbeck View School | Other Independent Special School | Good | 1.08 KM |
| St Mary'S Catholic Primary School, Swanage | Academy Converter | Requires improvement | 1.91 KM |
| The Swanage School | Free Schools | Good | 3.22 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Square | £ 425,000 | 0 | 0.00 KM |
| Broad Road | £ 295,000 | 0 | 0.00 KM |
| Swanage Pier | £ 1,000,000 | 0 | 0.00 KM |
| Church Close | £ 450,000 | 0 | 0.00 KM |
| Alma Terrace | £ 395,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Swanage | £ 385,000 | BUY | 4 / 10 | 0.00 KM |
| Flat and Shop, High Street | £ 450,000 | BUY | 6 / 10 | 0.03 KM |
| 3 Burts Place, Swanage | £ 365,000 | BUY | 6 / 10 | 0.06 KM |
| High Street, Swanage | £ 275,000 | BUY | 6 / 10 | 0.06 KM |
| Cliff Place, Swanage | £ 399,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 High Street | £ 275,000 | 0.02 KM |
| 2 Cliff Place | £ 315,000 | 0.05 KM |
| 3a High Street | £ 115,000 | 0.05 KM |
| 9a High Street | £ 190,000 | 0.05 KM |
| 3 Cliff Place | £ 255,000 | 0.06 KM |