Wellington Road, Bournemouth
MA

Wellington Road, Bournemouth

By Martin & Co

£ 75,000

Reviews

3 out of 5 stars

Martin & Co says ..

**INVESTMENT OPPORTUNITY, YIELD OF 13.6%** A RETIREMENT APARTMENT for OVER 55's on the TOP FLOOR located in Bournemouth & great access to local amenities. The property offers a DOUBLE BEDROOM, good size living room, separate kitchen, COMMUNAL GARDENS, AD HOC PARKING & WARDEN ASSISTED DEVE...

Property Oracle says ..

This one-bedroom retirement apartment in Bournemouth Central presents a potentially attractive investment opportunity. Situated on Wellington Road, the property benefits from proximity to Bournemouth train station and a variety of local amenities. While the apartment’s interior decor might be considered dated, it appears to be in reasonable, functional condition with a modern kitchen and bathroom. The communal gardens provide access to outdoor space. The list price of £75,000 aligns with other comparable properties in the area based on available data. However, further investigation into specific property features, local school quality, and comparable sales in the same complex should be considered for a complete assessment. A key consideration is the retirement-apartment status which may limit the buyer pool and influence rental yield. Prospective buyers should investigate any potential restrictions before committing.

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
1
Bathrooms
1
Sqft (est)
462.85

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
132,837.95 £
Decreased by 17.29 %
from 160,608.95 £
Average area rental value
1,322.00 £/mo
Decreased by 1.42 %
from 1,341.00 £/mo
Est letting value
462.85 £/mo
Unchanged by 0.00 %
from 462.85 £/mo
Est rental Yield
7.23 %
Increased by 16.99 %
from 6.18 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Bournemouth Christian SchoolOther Independent SchoolGood0.50 KM
Livingstone Academy BournemouthFree Schools0.65 KM
Malmesbury Park Primary SchoolAcademy ConverterGood0.90 KM
Kings BournemouthOther Independent SchoolGood0.95 KM
St Martin'S SchoolOther Independent School0.96 KM

Images

_MG_1783 _MG_1757  (6)  (7) _MG_1759  (3)  (2) _MG_1752 _MG_1765 _MG_1766copy  (5) _MG_1754 _MG_1761 _MG_1766 _MG_1785 _MG_1762  (4) _MG_1773 _MG_1779 _MG_1791 _MG_1788  (9)  (8) _MG_1749

Nearby Streets

NameAverage PriceAverage SqftDistance
Beechey Road £ 81,75000.00 KM
The Firs £ 175,00000.00 KM
Holdenhurst Road £ 000.00 KM
St Paul's Place £ 000.00 KM
St Pauls Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bournemouth5876BMH0.60 KM
Pokesdown5885POK4.92 KM
Branksome5875BSM5.55 KM
Parkstone (Dorset)5882PKS8.70 KM
Christchurch5879CHR9.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wellington Road, Bournemouth £ 75,000BUY6 / 100.00 KM
Wellington Road, Bournemouth £ 79,950BUYUnknown0.00 KM
Bournemouth £ 235,000BUY7 / 100.07 KM
Cavendish Road, Dean Park, Bournemouth, BH1 £ 325,000BUY8 / 100.11 KM
Homeleigh House, Bournemouth £ 89,950BUY7 / 100.13 KM

Nearby Properties

AddressPriceDistance
17b Cavendish Road £ 292,5000.15 KM
19a Cavendish Road £ 605,0000.15 KM
23 Cavendish Road £ 590,0000.15 KM
10a Cavendish Road £ 716,0000.17 KM
18a Cavendish Road £ 725,0000.24 KM