Adelaide Road, Andover, Hampshire, SP10
BO

Adelaide Road, Andover, Hampshire, SP10

By Bournes Estate Agents Ltd

£ 185,000

Reviews

2 out of 5 stars

Bournes Estate Agents Ltd says ..

A one bedroom, ground floor flat with a modern bathroom and kitchen, close to the town centre, Vigo park and amenities. This property is being sold as a buy-to-let investment, with a tenant already in-situ and has a 999 year lease with a peppercorn ground rent and pro-rata maintenance fees.

Property Oracle says ..

This property is a one-bedroom ground floor flat located on Adelaide Road in Andover, Hampshire. The listing highlights its proximity to the town centre, Vigo Park, and various amenities, suggesting a convenient location for residents. The flat includes a modern bathroom and kitchen, features which are evident in the provided photographs. The images suggest a relatively new and well-maintained condition, with a modern design and finish. Notably, this property is marketed as a buy-to-let investment, indicating a pre-existing tenant and a 999-year lease. This aspect is particularly important for potential investors. The lack of outdoor space is a notable limitation. Further, the absence of a detailed breakdown of local property pricing data (including price per square foot) limits a comprehensive assessment of the value proposition. However, comparing this to other nearby one-bedroom flats suggests that the price falls within a reasonable range, particularly considering the modern condition and the ready-made investment opportunities presented by an existing tenant. Overall, this represents a sound investment proposition for those seeking a rental property in the Andover area. The property’s close proximity to schools, parks, and the town centre is a considerable plus point, outweighing its lack of land for those considering an investment opportunity. The modern fixtures and fittings are also noteworthy. Prospective buyers should conduct independent market research to fully assess the market value and verify property details.

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
8
Location
7
Land
1
Bedrooms
1
Bathrooms
0
Sqft (est)
623.05

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
377,488.00 £
Increased by 48.08 %
from 254,924.00 £
Est sale value
479,748.50 £
Increased by 148.39 %
from 193,145.50 £
Average area rental value
1,008.00 £/mo
Decreased by 7.35 %
from 1,088.00 £/mo
Est letting value
1,246.10 £/mo
Increased by 100.00 %
from 623.05 £/mo
Est rental Yield
3.20 %
Decreased by 37.50 %
from 5.12 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Bournes Estate Agents Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Andover Church Of England Primary SchoolVoluntary Controlled SchoolGood0.20 KM
Wolverdene Special SchoolCommunity Special SchoolOutstanding0.51 KM
The Mark Way SchoolCommunity Special SchoolOutstanding1.00 KM
Norman Gate SchoolCommunity Special SchoolOutstanding1.12 KM
Vigo Primary SchoolCommunity SchoolRequires improvement1.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Union Street £ 000.00 KM
Weavers Close £ 000.00 KM
St John's Road £ 295,00000.00 KM
Winchester Street £ 000.00 KM
Pelican Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Andover5510ADV1.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
Adelaide Road, Andover, Hampshire, SP10 £ 180,000BUY5 / 100.00 KM
Adelaide Mews, Andover £ 245,000BUY7 / 100.00 KM
Adelaide Road, Andover, Hampshire, SP10 £ 140,000BUY5 / 100.00 KM
Adelaide Road, Andover, Hampshire, SP10 £ 185,000BUY5 / 100.00 KM
Rack Close, Andover £ 175,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
38 Adelaide Road £ 225,0000.01 KM
62 Adelaide Road £ 215,0000.01 KM
42 Adelaide Road £ 160,0000.01 KM
12 Adelaide Road £ 220,0000.01 KM
2 Adelaide Mews £ 234,5000.01 KM