Flat 1a, Michelgrove Road, Bournemouth
SY

Flat 1a, Michelgrove Road, Bournemouth

By Symonds & Sampson

£ 160,000

Reviews

3 out of 5 stars

Symonds & Sampson says ..

CASH INVESTMENT BUYERS ONLY - Positioned in the wonderful area of Boscombe, Bournemouth, Michelgrove Road presents an exceptional opportunity for those seeking a delightful one-bedroom garden apartment as an investment. This property boasts a spacious reception room, perfect for relaxat...

Property Oracle says ..

This one-bedroom flat in Boscombe West, Bournemouth, presents a mixed bag of opportunities and challenges. The property is situated in a location that offers reasonable access to transport links, schools and the beach. However, the interior requires comprehensive renovation and decluttering. The current state of the interior is quite cluttered and the decor is outdated, requiring a substantial financial commitment for updating and modernizing. While there is a positive aspect in the presence of a garden, a significant drawback is the unclear information on the precise square footage; it’s listed as 0.00 in the available data which makes it difficult to truly assess its value in terms of price per square foot. For a potential buyer, the major factor will be the cost of renovations; this will be significantly affected by the property’s condition which is poor. Potential buyers should obtain a professional survey to assess the structural integrity and full extent of renovation required prior to purchase. The list price might be reasonable provided the buyer is prepared for a significant refurbishment investment.

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
4
Location
6
Land
7
Bedrooms
1
Bathrooms
1
Sqft (est)
709.00

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
201,429.00 £
Decreased by 27.96 %
from 279,619.00 £
Est sale value
229,007.00 £
Decreased by 19.85 %
from 285,727.00 £
Average area rental value
1,133.00 £/mo
Decreased by 1.05 %
from 1,145.00 £/mo
Est letting value
709.00 £/mo
Unchanged by 0.00 %
from 709.00 £/mo
Est rental Yield
6.75 %
Increased by 37.47 %
from 4.91 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Symonds & Sampson created the listing.

Nearby Schools

NameTypeOfstedDistance
St Clement'S And St John'S Church Of England Infant SchoolAcademy ConverterGood1.14 KM
King'S Park AcademyAcademy Sponsor LedGood1.14 KM
Bethany Church Of England Junior SchoolAcademy ConverterRequires improvement1.15 KM
Boscombe Children'S CentreChildren's Centre1.34 KM
Corpus Christi Catholic Primary SchoolVoluntary Aided SchoolGood1.39 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Promenade £ 000.00 KM
Centenary Way £ 000.00 KM
Westby Road £ 186,66700.00 KM
Kings Park Central Drive £ 850,00000.00 KM
Carlton Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Pokesdown5885POK2.10 KM
Bournemouth5876BMH2.63 KM
Christchurch5879CHR6.56 KM
Branksome5875BSM8.68 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat 1a, Michelgrove Road, Bournemouth £ 160,000BUY6 / 100.00 KM
Flat 3, Michelgrove Road, Bournemouth £ 370,000BUY6 / 100.02 KM
Close Boscombe Pier * Sea View* £ 180,000BUY5 / 100.04 KM
Sea Road, Bournemouth £ 235,000BUY6 / 100.05 KM
Flat 3, 42A Sea Road, Boscombe Spa, Bournemouth, Dorset, BH5 1BQ £ 75,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
13 Michelgrove Road £ 79,9500.07 KM
17a Michelgrove Road £ 225,0000.07 KM
3 Michelgrove Road £ 450,0000.07 KM
5 Michelgrove Road £ 730,0000.07 KM
11 Michelgrove Road £ 350,0000.07 KM