Borland & Borland says ..
NO FORWARD CHAIN. Delightful first floor apartment in this much requested retirement development. The accommodation has direct access to the courtyard development and comprises Stairs to first floor with stairlift, Hallway, Living Room, Kitchen/Breakfast Room, Two Bedrooms, Shower room. Loft St...
Property Oracle says ..
This two-bedroom, one-bathroom retirement flat located at Merrivale Court, Stein Road in Southbourne, Emsworth, is listed at £195,000. The property is part of a retirement development and boasts a convenient location close to Southbourne train station, several well-regarded schools and is within easy reach of local amenities. The apartment itself appears in decent condition, with a recently modernised kitchen. The living areas are well-presented, though a modest refresh could enhance the appearance. The exterior reveals a modest garden area which could suit low-maintenance requirements of its target market. While the lack of precise square footage data for comparable properties limits a precise per-square-foot price comparison, the listed price aligns with or undercuts similar retirement flats in the immediate area, based on the information provided. The apartment’s location and relative condition within the retirement development suggest potential for a stable rental income or would appeal to downsizers or investors seeking a lower-maintenance property. Buyers should consider that the property is within a retirement development which will restrict potential buyers and limit future growth. It may be a good investment for the target demographic, but less appealing to larger families.
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
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 837.00
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
- 500,018.00 £Increased by 3.87 %
- Est sale value
- 453,654.00 £Increased by 31.55 %
- Average area rental value
- 1,440.00 £/moDecreased by 13.57 %
- Est letting value
- 837.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.46 %Decreased by 16.63 %
- Crime Rate
- 42.00 %Unchanged by 0.00 %
Agent Activity
Borland & Borland created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bourne Community College | Foundation School | Good | 0.59 KM |
| Southbourne Children And Family Centre | Children's Centre | 0.59 KM | |
| Southbourne Junior School | Community School | Good | 0.61 KM |
| Southbourne Infant School | Community School | Good | 0.61 KM |
| Westbourne Primary School | Community School | Good | 2.27 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Park Road | £ 396,600 | 0 | 0.00 KM |
| Manor Gardens | £ 0 | 0 | 0.00 KM |
| Trafalgar Close | £ 0 | 0 | 0.00 KM |
| South Lane (Woodmancote) | £ 0 | 0 | 0.00 KM |
| Windsor Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Southbourne | 5263 | SOB | 0.33 KM |
| Nutbourne | 5262 | NUT | 2.94 KM |
| Emsworth | 5257 | EMS | 3.25 KM |
| Warblington | 5264 | WBL | 6.43 KM |
| Bosham | 5254 | BOH | 6.87 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Stein Road, Southbourne | £ 140,000 | BUY | 5 / 10 | 0.00 KM |
| Merrivale Court, Southbourne | £ 195,000 | BUY | 7 / 10 | 0.00 KM |
| Merrivale Court, Southbourne | £ 189,950 | BUY | 7 / 10 | 0.00 KM |
| Stein Road, Emsworth | £ 195,000 | BUY | 6 / 10 | 0.00 KM |
| Merrivale Court, Southbourne | £ 165,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 107 Stein Road | £ 310,000 | 0.07 KM |
| 117 Stein Road | £ 450,000 | 0.07 KM |
| 96 Stein Road | £ 180,000 | 0.11 KM |
| 92 Stein Road | £ 370,000 | 0.11 KM |
| 90 Stein Road | £ 232,500 | 0.11 KM |