Commercial Road, Bournemouth
By Homes & Steeple
£ 675,000
Reviews
1 out of 5 stars
Homes & Steeple says ..
Turnkey mixed-use investment opportunity in the heart of Bournemouth town centre. Substantial, well-maintained building featuring a ground floor retail unit and four fully-let flats. Total current rental income is £54,600 p.a.
Property Oracle says ..
This block of apartments on Commercial Road, Bournemouth, presents a mixed investment opportunity. Its location offers excellent access to local amenities, transportation, and schools. However, the property’s condition suggests a need for significant renovation, which could deter some buyers but also presents an opportunity to add value. The asking price appears high relative to comparable properties and the average price per square foot in the area, especially given the condition. A detailed cost analysis of the required renovations is essential to determine the true value of this property.
Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 3
- Condition
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
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
- 376,737.00 £Increased by 7.60 %
- Average area rental value
- 1,284.00 £/moDecreased by 2.65 %
- Est rental Yield
- 4.09 %Decreased by 9.51 %
- Crime Rate
- 33.00 %Unchanged by 0.00 %
Agent Activity
Homes & Steeple created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Michael'S Church Of England Primary School | Academy Converter | Good | 0.42 KM |
| Kings Bournemouth | Other Independent School | Good | 1.11 KM |
| Bournemouth Christian School | Other Independent School | Good | 1.63 KM |
| Livingstone Academy Bournemouth | Free Schools | 1.84 KM | |
| St Martin'S School | Other Independent School | 1.94 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Avenue Road | £ 200,000 | 0 | 0.00 KM |
| St Stephen's Road | £ 0 | 0 | 0.00 KM |
| Durley Roundabout | £ 332,980 | 0 | 0.00 KM |
| Bournemouth Square | £ 0 | 0 | 0.00 KM |
| West Cliff Promenade | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bournemouth | 5876 | BMH | 2.36 KM |
| Branksome | 5875 | BSM | 3.97 KM |
| Pokesdown | 5885 | POK | 6.69 KM |
| Parkstone (Dorset) | 5882 | PKS | 7.02 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Commercial Road, Bournemouth | £ 675,000 | BUY | 3 / 10 | 0.00 KM |
| Bournemouth | £ 250,000 | BUY | 6 / 10 | 0.03 KM |
| Commercial Road, Bournemouth | £ 160,000 | BUY | 6 / 10 | 0.03 KM |
| Commercial Road, Bournemouth | £ 150,000 | BUY | Unknown | 0.03 KM |
| Commercial Road, Bournemouth | £ 37,500 | BUY | Unknown | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 103b Commercial Road | £ 130,000 | 0.01 KM |
| 103a Commercial Road | £ 135,000 | 0.01 KM |
| 105a Commercial Road | £ 165,000 | 0.01 KM |
| 26a The Triangle | £ 103,000 | 0.05 KM |
| 32a The Triangle | £ 106,000 | 0.05 KM |