High Street, Swanage
OL

High Street, Swanage

By Oliver Miles

£ 385,000

Reviews

2 out of 5 stars

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

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
370,787.00 £
Decreased by 15.08 %
from 436,638.00 £
Est sale value
229,200.00 £
Decreased by 20.58 %
from 288,600.00 £
Average area rental value
1,017.00 £/mo
Decreased by 0.49 %
from 1,022.00 £/mo
Est letting value
600.00 £/mo
Unchanged by 0.00 %
from 600.00 £/mo
Est rental Yield
3.29 %
Increased by 17.08 %
from 2.81 %
Crime Rate
95.00 %
Unchanged by 0.00 %
from 95.00 %

Agent Activity

  • Oliver Miles created the listing.

Nearby Schools

NameTypeOfstedDistance
SwanageChildren's Centre0.64 KM
Swanage Primary SchoolCommunity SchoolGood0.78 KM
Purbeck View SchoolOther Independent Special SchoolGood1.08 KM
St Mary'S Catholic Primary School, SwanageAcademy ConverterRequires improvement1.91 KM
The Swanage SchoolFree SchoolsGood3.22 KM

Images

IMG-20240916-WA0010.jpg 09092024_094937.jpg 09092024_095105.jpg 09092024_095144.jpg 09092024_095625.jpg 09092024_095420.jpg s4.png 09092024_095343.jpg s3.png nearby Swanage Beach s3.png

Nearby Streets

NameAverage PriceAverage SqftDistance
The Square £ 425,00000.00 KM
Broad Road £ 295,00000.00 KM
Swanage Pier £ 1,000,00000.00 KM
Church Close £ 450,00000.00 KM
Alma Terrace £ 395,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Swanage £ 385,000BUY4 / 100.00 KM
Flat and Shop, High Street £ 450,000BUY6 / 100.03 KM
3 Burts Place, Swanage £ 365,000BUY6 / 100.06 KM
High Street, Swanage £ 275,000BUY6 / 100.06 KM
Cliff Place, Swanage £ 399,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
10 High Street £ 275,0000.02 KM
2 Cliff Place £ 315,0000.05 KM
3a High Street £ 115,0000.05 KM
9a High Street £ 190,0000.05 KM
3 Cliff Place £ 255,0000.06 KM