Terrace Road, Bournemouth
HO

Terrace Road, Bournemouth

By Homes & Steeple

£ 110,000

Reviews

3 out of 5 stars

Homes & Steeple says ..

Purpose built studio flat. Located in the heart of Bournemouth between the Hilton Hotel, the Bournemouth BH2 Leisure complex and the sandy beaches all of which are practically on your door step. Chain Free.

Property Oracle says ..

The studio flat is situated in Bournemouth Central, offering proximity to several amenities. St Michael’s Church of England Primary School, Kings Bournemouth, and Bournemouth Christian School are all within a reasonable distance, making it potentially attractive to families or those working in the area. Bournemouth railway station is also relatively close, providing convenient access to other parts of the UK.

The property itself appears to be in good condition. The images show a modern, well-maintained interior with updated kitchen and bathroom facilities. There is no evidence of significant repairs or renovations needed. The property is compact, with a total square footage of 268.80 sqft. There is no garden.

Considering the list price of £110,000, the average price per sqft in the area is £318. However, the average price for properties in the area is considerably higher at £273,835. This suggests that the studio flat is priced significantly below the average for the area. Several nearby properties on Terrace Road are listed for similar prices, which supports the lower pricing of this property. The smaller size and lack of outdoor space likely contribute to the lower price point. However, given the condition and location, the property could represent good value for money, particularly for a first-time buyer or investor looking for a rental property.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
268.80
Lot (est)
268.80

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
219,474.00 £
Decreased by 15.67 %
from 260,256.00 £
Est sale value
77,145.60 £
Decreased by 17.29 %
from 93,273.60 £
Average area rental value
1,322.00 £/mo
Decreased by 1.42 %
from 1,341.00 £/mo
Est letting value
268.80 £/mo
Unchanged by 0.00 %
from 268.80 £/mo
Est rental Yield
7.23 %
Increased by 16.99 %
from 6.18 %
Crime Rate
28.00 %
Unchanged by 0.00 %
from 28.00 %

Agent Activity

  • Homes & Steeple created the listing.

Nearby Schools

NameTypeOfstedDistance
St Michael'S Church Of England Primary SchoolAcademy ConverterGood0.73 KM
Kings BournemouthOther Independent SchoolGood0.96 KM
Bournemouth Christian SchoolOther Independent SchoolGood1.44 KM
Livingstone Academy BournemouthFree Schools1.55 KM
St Martin'S SchoolOther Independent School1.83 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Bournemouth Square £ 000.00 KM
St Stephen's Road £ 000.00 KM
Avenue Road £ 200,00000.00 KM
St Stephen's Way £ 000.00 KM
West Cliff Promenade £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bournemouth5876BMH2.08 KM
Branksome5875BSM4.29 KM
Pokesdown5885POK6.39 KM
Parkstone (Dorset)5882PKS7.33 KM

Nearby Listings

AddressPriceTypeScoreDistance
Terrace Road, BOURNEMOUTH, Dorset, BH2 £ 115,000BUY6 / 100.00 KM
Terrace Road, BOURNEMOUTH, Dorset, BH2 £ 110,000BUY7 / 100.00 KM
Terrace Road, Bournemouth, Dorset, BH2 £ 95,000BUY4 / 100.00 KM
Terrace Road, Bournemouth £ 180,000BUY5 / 100.00 KM
Flat 43 Edmondsham House, Terrace Road, Bournemouth, Dorset, BH2 5NJ £ 50,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
6 Upper Terrace Road £ 68,0000.13 KM
3 Upper Terrace Road £ 460,0000.13 KM
7 Upper Terrace Road £ 272,0000.13 KM
4 Upper Terrace Road £ 230,0000.13 KM
9 Terrace Road £ 225,0000.17 KM