The Pinegrove, 11 Spencer Road, Bournemouth, Dorset
Clarkes Estate Agents logo

The Pinegrove, 11 Spencer Road, Bournemouth, Dorset

By Clarkes Estate Agents

£ 750,000

Reviews

3 out of 5 stars

Clarkes Estate Agents says ..

ATTENTION INVESTORS Recent refurbished 11 BEDROOM HMO IDEAL LOCATION ORP CENTRAL LOCATION Viewing highly recommeded

Property Oracle says ..

The Pinegrove is an eleven-bedroom, ten-bathroom house located on Spencer Road in Bournemouth. The property boasts 1,875.50 sqft of living space and sits on a 3,502.50 sqft plot. Based on the provided images, the property appears to be in good condition and has undergone some modernisation, while retaining traditional character features. The interior is presented well, with modern fixtures and fittings. The property benefits from a conservatory, adding to the living space. The location in Bournemouth’s East Cliff & Springbourne area is desirable. The proximity to Bournemouth railway station (1.14km) provides convenient access to transportation links. Several schools are within a reasonable distance, including Bethany Church of England Junior School (0.56km) and St Clement’s and St John’s Church of England Infant School (0.72km). The average house price in the area is £327,361, with an average price per sqft of £356. However, nearby properties on Spencer Road show a range of prices, with some flats selling for significantly less than the list price of The Pinegrove. This suggests that the list price of £750,000 might be at the higher end of the market for the area, particularly considering the available comparables are predominantly flats. The lack of sqft information for nearby properties makes a precise price per sqft comparison challenging. The plot size of 3,502.50 sqft is a considerable asset, adding value to the property. Given the property’s size, condition, location, and plot size, the list price of £750,000 requires careful consideration. While the property is well-maintained and in a desirable location, the list price is substantially higher than the area average. A detailed comparative market analysis, including properties with similar characteristics in terms of size and amenities, would be necessary to determine the true market value.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
8
Land
7
Bedrooms
11
Bathrooms
10
Sqft (est)
1,875.50
Lot (est)
3,502.50

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
264,167.00 £
Decreased by 12.20 %
from 300,857.00 £
Est sale value
684,557.50 £
Decreased by 2.67 %
from 703,312.50 £
Average area rental value
1,097.00 £/mo
Decreased by 17.58 %
from 1,331.00 £/mo
Est letting value
1,875.50 £/mo
Unchanged by 0.00 %
from 1,875.50 £/mo
Est rental Yield
4.98 %
Decreased by 6.21 %
from 5.31 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Clarkes Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Bethany Church Of England Junior SchoolAcademy ConverterRequires improvement0.56 KM
St Clement'S And St John'S Church Of England Infant SchoolAcademy ConverterGood0.72 KM
Malmesbury Park Primary SchoolAcademy ConverterGood1.03 KM
Cambian Wing CollegeSpecial Post 16 InstitutionGood1.28 KM
Boscombe Children'S CentreChildren's Centre1.39 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Carlton Walk £ 000.00 KM
Avon Walk £ 000.00 KM
Undercliff Drive £ 000.00 KM
Oak Road £ 500,00000.00 KM
Holdenhurst Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bournemouth5876BMH1.14 KM
Pokesdown5885POK3.29 KM
Branksome5875BSM7.24 KM
Christchurch5879CHR7.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Pinegrove, 11 Spencer Road, Bournemouth, Dorset £ 750,000BUY7 / 100.00 KM
Spencer Road, Bournemouth £ 90,000BUY6 / 100.03 KM
Spencer Road, Bournemouth £ 210,000BUY5 / 100.03 KM
Spencer Road, Bournemouth £ 160,000BUY5 / 100.03 KM
Spencer Road, Bournemouth £ 180,000BUY7 / 100.03 KM

Nearby Properties

AddressPriceDistance
15a Spencer Road £ 95,0000.02 KM
5d Spencer Road £ 160,0000.02 KM
19a Spencer Road £ 140,0000.02 KM
11 Spencer Road £ 550,0000.02 KM
12 Carlton Road £ 132,5000.05 KM